Why doesn't socialism work?

A concept introduced to show how capitalism eventually leads to socialism. Crikey, are you a plant or just poorly read?

 

I am not convinced of your expertise LOL. Just a bunch of gobbledygook.

 

And socialism in the modern sense at least in non-english-speaking countries means democratic faire capitalism with a good safety net. We are all socialists now!--president of Finland when ObamaCare passed. English speakers have been brainwashed about socialism forever.

 

No it doesn't. You're peddling lies.

 

Yes, it would be. How will you pay for it when an increasing proportion of your citizenry doesn't contribute to it?

Offering such benefits to any community can only be risked when the entirety of that community has the same 'moral' position - ie, that such benefits cannot be abused or exploited. It works in small monocultural nations, for that reason. It doesn't work in a large multiculture, for the same reason.

 

Which was great .. for a few decades. Before those countries decided to open their borders to any freeloader who asked.

 

They were, until they sold out to Globalist Progressives.

 

It's never 'fair' if it allows some to opt out of productivity .. while others work to support them.

 

"it's complex" is the most hackneyed excuse of all. Such an indulgence.

It's not freaking complex .. at all. It's horribly, brutally, simple.

Finish school.
Learn a trade.
Don't have kids before marriage - and even then, don't have them until you can afford them.
Stay married.
Keep Working.
Don't live above your means.

That's all it takes - and there is nothing complex about any of it. It's all 100% accessible to anyone who wants it.

 

Exactly. And capitalism is the economic system that results in the most reward for hard work.

For some reason the simplicity of these truths completely escapes brainiac progressives.

 

That’s completely absurd.

 

That's just reality. Creative destruction is a concept from Schumpeter. He used it to show how success in capitalism generates socialism. Clearly you are poorly read.

 

We thought the British system was flawed. Jefferson acquired much of his wealth before the American Revolution. Why don't you tell us why the system was fair? Perhaps you'll explain how it was reasonable for a small number of people to acquire plantations.

An ignorant, dismissive mischaracterization of my position.

Perhaps you're defending stealing from average folks.

Property and money they stole from average folks?

Read what Bernanke had to say about Friedman. I've pointed to Bernanke's speech as the best explanation of what pushed us into the Depression.

https://www.federalreserve.gov/boarddocs/speeches/2004/200403022/default.htm

As college student, I read Friedman and Schwartz...

A Monetary History of the United States, 1867-1960

 

It doesn't escape them. They just don't like it. They've been lead to believe that they shouldn't have to exercise self-discipline or go without, and so this becomes the default.

 

I have no desire to take anything from anyone by force, not even by force of law. I'll earn my own through voluntary interactions.

 

This decline...



The real wage for full-time workers has gone up 7.5% in 41 years. Then there are lots of people who can no longer get full-time jobs and the part-time jobs often pay less.

 

1. Large portions of the middle class have suffered a reduction in living standards over the past 3-4 decades. I don't know what standards you're using to claim such a false statistic.
2. The stresses of trying to stay afloat & maintain one's standard of living while gradually losing real income necessary for paying the rising costs of such expenses. Both house prices & rentals serve as good examples. Many states provide statistics supporting my claim. California is a very good example. The Obama years were't the problem. The decades from the `1980s thru 2000 established the trend, GW Bush gave us the Great Recession, Obama was forced to cope with that recession & did a pretty good job overall. Trump is giving us much the same policies & rhetoric that GW Bush gave earlier. We'll see where that leads.

 

You don't understand economics or finance, so it's no surprise.

There are dozens of free online economics courses. Suggest you take one.

 

I wouldn't argue that the European healthcare system is without its own set of problems & challenges. Any system will have some. Ours certainly does. But I do have confidence that any problems within any system all have possible solutions. We just have to be committed to finding them & solving them--regardless of the system you're in.

 

Conservatives & Trump-Republicans claim they don't like rules, but when challenged for solutions, all they can do is offer a long set of rules to make things right. Liberals recognize the individuality within each person or each issue & try to work with those differences while finding solutions. Conservatives simply lay blame for not following the rules. The older I've become, the more convinced I've become that NOTHING in life is simple--even the most banal choices. And every choice has consequences. I've know people who've followed your list of rules to the T, & ended up impoverished, sick & alone, with nothing to show for a lifetime of dedication & effort. Your rules are nothing more than an empty canister, used as a foundation for laying blame. Blame & punishment are the conservative's way. It makes me proud to be a liberal.

 

That’s ridiculous. Creative perpetuates capitalism.

 

So what. The important point is how much the standard of living has gone up.

 

I am retired and I took economics 101 and I was bored to hell. Economists don't understand politics

 

Socialism works. English speaking conservatives don't know what it is LOL

 

That’s ridiculous. You are claiming the standard of living is going down ???

Housing policies and financial regulations acting in unintended ways resulted in the housing bubble and financial crisis.