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re: Milton Friedman: The Rise of Socialism is Absurd
Posted on 7/12/18 at 8:11 am to Ralph_Wiggum
Posted on 7/12/18 at 8:11 am to Ralph_Wiggum
quote:
The reason why socialism is gaining popularity is that capitalism is not working well enough for enough people.
Capitalism doesn't work for the following
1) Mentally deficient
2) Physically handicapped (and not capable of white collar work)
3) Lazy
4) Socially dysfunctional.
It's liberating for everyone else.
1
Posted on 7/12/18 at 8:13 am to Ralph_Wiggum
quote:
The reason why socialism is gaining popularity is that capitalism is not working well enough for enough people.
So you want me to help you buy your swimming pool and Caddy just because I can afford to? That gives new meaning to the phrase "keeping up with the Joneses".
Posted on 7/12/18 at 8:21 am to WizardSleeve
quote:
It is a shame we don’t have more voices like Milton Friedman today
We do but the media has other narratives to cover
Posted on 7/12/18 at 8:26 am to funnystuff
Socialism runs on the greed of the bureaucracy 
Posted on 7/12/18 at 8:29 am to Ralph_Wiggum
quote:
Ralph_Wiggum
So rarely have I read a post from such an astute economist as you - Where did you go?
If feel in my heart that you could be the one to finally teach me that I would be better off under Socialism.
Please come back and answer these capitalist bullies...
Posted on 7/12/18 at 8:33 am to Shiftyplus1
Socialism is an easy sell to people who have no long term concept and no economic understanding. Sure, free health care and free education sound wonderful. But stop and think of what it will cost, and how can you possibly maintain it?
That is why socialism ultimately fails. At some point, it becomes unsustainable and the economy crashes. The problem is people who want socialism are either lazy mooches who can't afford to take care of themselves, or ultra rich liberals who aren't affected by tax increases.
That is why socialism ultimately fails. At some point, it becomes unsustainable and the economy crashes. The problem is people who want socialism are either lazy mooches who can't afford to take care of themselves, or ultra rich liberals who aren't affected by tax increases.
This post was edited on 7/12/18 at 8:34 am
Posted on 7/12/18 at 8:38 am to Ralph_Wiggum
quote:
The reason why socialism is gaining popularity is that capitalism is not working well enough for enough people. It's an easy problem to solve but you capitalists won't do it because a few of you are doing so well you're too greedy to fix it.
And this is what drives the socialist/communist mindset.
Its born out of envy and jealousy and feelings of inadequacy, which evolve into moral judgments that the successful are somehow not as inherently "good" as the unsuccessful.
I'd be much more inclined to believe the socialist/communistic left was sincere in their beliefs if they already volunteered more of their income and personal property to those that have less than they. Why wait for the government to tell ME that I have to part ways with any material or financial success, when you and those like you can contribute what you think is just and right.
never happens though.
the left always wants to punish the other side with their beliefs and that's far far worse than "greed".
This post was edited on 7/12/18 at 8:39 am
Posted on 7/12/18 at 8:44 am to prplngldtigr
You may not want to believe it. You may think it's wrong, but history has proven this concept to the be true.
Posted on 7/12/18 at 8:45 am to Ralph_Wiggum
quote:
The reason why socialism is gaining popularity is that capitalism is not working well enough for enough people.
Maybe you can do a comparison of North Korea and South Korea for us. Same people. Same work ethic. Different philosophies of how to manage the economy. It would be a good opportunity to show the ways that capitalism is failing the South. The North did build a long wall to keep the South Koreans out, correct? Things must be good up there.
Posted on 7/12/18 at 8:46 am to prplngldtigr
All you capitalists have to do is some tinkering. Your average billionaire will be fine with increased spending on education and universal health care as long as it keeps the basics of capitalism working. Zuckerberg and Bezos and Buffett have no issue with keeping capitalism. They do want it to keep going though.
The issue is that too many capitalists are too greedy and have convinced enough members of the middle-class that increased benefits for those who have not done well under capitalism will come at a cost to them--the middle-class.
The truth is that increased taxes on the wealthy and more protections and benefits like health care and education are relatively cheap when compared to prisons and the increased social and financial costs of poverty and anger. The anger of the losers under capitalism will increasingly become more of a problem for the billionaire class and they will eventually embrace a greater social welfare system since it will entrench them and their interests.
Socialism is about policies as much as it is about an over-arching philosophy. Capitalism is smart enough to eventually realize that give a little here and there perseveres capitalism as the system with some policies that are socialists but at the benefit of maintaining aspects of capitalism that benefit the billionaires.
The issue is that too many capitalists are too greedy and have convinced enough members of the middle-class that increased benefits for those who have not done well under capitalism will come at a cost to them--the middle-class.
The truth is that increased taxes on the wealthy and more protections and benefits like health care and education are relatively cheap when compared to prisons and the increased social and financial costs of poverty and anger. The anger of the losers under capitalism will increasingly become more of a problem for the billionaire class and they will eventually embrace a greater social welfare system since it will entrench them and their interests.
Socialism is about policies as much as it is about an over-arching philosophy. Capitalism is smart enough to eventually realize that give a little here and there perseveres capitalism as the system with some policies that are socialists but at the benefit of maintaining aspects of capitalism that benefit the billionaires.
Posted on 7/12/18 at 8:47 am to Shiftyplus1
(no message)
This post was edited on 10/1/20 at 10:52 am
Posted on 7/12/18 at 8:48 am to NikolaiJakov
I don't think you comment was directed at me, but I'll respond anyway.
I don't define greed in the same way the left does. Achievement, success, excelling, accomplishment, a stable future for you and yours in accompaniment with the pursuit of financial and material security and comfort doesn't equate to "greed".
I don't define greed in the same way the left does. Achievement, success, excelling, accomplishment, a stable future for you and yours in accompaniment with the pursuit of financial and material security and comfort doesn't equate to "greed".
Posted on 7/12/18 at 8:52 am to Ralph_Wiggum
In a country of 350 million, you can't have a society completely reliant on government without a huge tax increase on the middle class. The fact is the top 10% of taxpayers already pay 70% of the taxes in this country. If you want socialism you will have no choice but to implement a tax burden on the middle class.
Posted on 7/12/18 at 8:55 am to Ralph_Wiggum
quote:
Socialism is about policies as much as it is about an over-arching philosophy. Capitalism is smart enough to eventually realize that give a little here and there perseveres capitalism as the system with some policies that are socialists but at the benefit of maintaining aspects of capitalism that benefit the billionaires.
Do you not think our current system gives a little here and there? I mean, what do you think Medicaid, Social security, food stamps, section 8 housing, etc is?
The problem with your assertion is that you don't define when to stop giving, and how much to give, because as I've pointed out, our current system already gives A TON.
You bring up billionaires, yet you ignore the fact that people at every income level currently live the best life by virtually every possible metric in HISTORY. Guess what system got us there?
This post was edited on 7/12/18 at 8:56 am
Posted on 7/12/18 at 8:56 am to Ralph_Wiggum
The real problem in capitalism is that half of society doesn't buy into the concept of personal accountability and responsibility.
Bad choices and poor life decisions have consequences and half of American society wants a tax payer funded safety net.
The ant works. the grasshopper plays.
The grasshopper blames the ant when sht doesn't work out in the end.
I cant get on board with that line of thinking.
Socialism/Communism is seeing life through the prism of victimhood, envy and deep seated feelings of inadequacy. This, of course, lends itself to some dangerous moves if individuals with this belief system gain some power.
Bad choices and poor life decisions have consequences and half of American society wants a tax payer funded safety net.
The ant works. the grasshopper plays.
The grasshopper blames the ant when sht doesn't work out in the end.
I cant get on board with that line of thinking.
Socialism/Communism is seeing life through the prism of victimhood, envy and deep seated feelings of inadequacy. This, of course, lends itself to some dangerous moves if individuals with this belief system gain some power.
This post was edited on 7/12/18 at 8:59 am
Posted on 7/12/18 at 8:56 am to Shiftyplus1
He would get bashed by the left for breadcrumbs and the Trump base for being against tariffs.
Posted on 7/12/18 at 8:57 am to RolltidePA
quote:
So that the record of history is absolutely crystal clear, that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by the free-enterprise system.”
-- Milton Friedman
Socialists be like:
Posted on 7/12/18 at 8:58 am to Ralph_Wiggum
quote:
The reason why socialism is gaining popularity is that capitalism is not working well enough for enough people. It's an easy problem to solve but you capitalists won't do it because a few of you are doing so well you're too greedy to fix it.
This post was edited on 7/12/18 at 9:00 am
Posted on 7/12/18 at 8:58 am to Ralph_Wiggum
quote:
The reason why socialism is gaining popularity is that capitalism is not working well enough for enough people.
The 'PEOPLE" capitalism is not working for are those who have that blood disease involving hemoglobin. The iron in the hemoglobin in their blood has turned to lead in their arse.
Posted on 7/12/18 at 9:10 am to Ralph_Wiggum
quote:
The issue is that too many capitalists are too greedy and have convinced enough members of the middle-class that increased benefits for those who have not done well under capitalism will come at a cost to them--the middle-class.
The truth is that increased taxes on the wealthy and more protections and benefits like health care and education are relatively cheap when compared to prisons and the increased social and financial costs of poverty and anger.
How can you be so absolutely ignorant? Are you actually suggesting that only capitalists are greedy, and socialist aren't? What do you think will happen when you take wealth away from greedy capitalists and give it to greedy socialists?
Raising taxes to pay for your socialist policies will mostly have a negative effect on the working class. The people in the top 5% can easily afford those tax increases but, if you apply that tax increase to everyone it's the working class - making it from paycheck to paycheck - that gets hit hardest. If you somehow only apply the tax increase to the top 5%, those taxes just get passed along to the consumer which, again, hits the working class hardest.
Socialism is a failed concept over and over and history has proven that it will fail again.
This post was edited on 7/12/18 at 9:12 am
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