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originally posted by: DBCowboy
If just voting for a "little socialism" is okay, has there ever been a time when any country voted for a little less?
How does one vote themselves out of government control?
The market was free when the Rockefellors ruled the day and children worked in coal mines because they were cheaper to hire than men. That isn't good either.
originally posted by: luthier
a reply to: ElectricUniverse
So the market wasnt free before the federal reserve in the late 1800's
Well I guess it's a myth then.
"Every ingenious man is free to start new business projects. He may be poor, his funds may be modest and most of them may be borrowed. But if he fills the wants of consumers in the best and cheapest way, he will succeed by means of "excessive" profits. He ploughs back the greater part of his profits into his business, thus making it grow rapidly. It is the activity of such enterprising parvenus that provides the market economy with its "dynamism." These nouveaux riches are the harbingers of economic improvement. Their threatening competition forces the old firms and big corporations either to adjust their conduct to the best possible service of the public or to go out of business.
But today taxes often absorb the greater part of the newcomer's "excessive" profits. He cannot accumulate capital; he cannot expand his own business; he will never become big business and a match for the vested interests. The old firms do not need to fear his competition; they are sheltered by the tax collector. They may with impunity indulge in routine, they may defy the wishes of the public and become conservative. It is true, the income tax prevents them, too, from accumulating new capital. But what is more important for them is that it prevents the dangerous newcomer from accumulating any capital. They are virtually privileged by the tax system. In this sense progressive taxation checks economic progress and makes for rigidity. While under unhampered capitalism the ownership of capital is a liability forcing the owner to serve the consumers, modern methods of taxation transform it into a privilege."
-Ludwig von Mises
originally posted by: greencmp
originally posted by: mOjOm
a reply to: greencmp
lol. It makes for a convenient albeit idealistic example. Yes I know it's only fiction. Yes I know it's a TV show. But as we all know there is no actual corruption free society for me to use as an example anywhere. So I used that. I figured you were all intelligent enough to realize that.
Should I have used Atlantis instead??? Or maybe our Lords Kingdom in Heaven perhaps??? Would that have worked better for you???
I do like Star Trek too.
I have seriously considered writing a book on the subject as the genre is big and should be enough to derive plenty of examples of erroneous postulates.
What I discovered was that there are no actual explanations, they simply skip completely over the how. This is hardly surprising given that it is utopian fiction.
originally posted by: woodwardjnr
Wasn't Obama a socialist amongst other derogatory slurs?
Under Obama gun ownership went up and the richest increased their wealth, with the biggest redistribution of wealth in history, from bottom to top.
originally posted by: xuenchen
originally posted by: EmmanuelGoldstein
The future of our planet will not be operating under capitalism.
There's no way this can keep going like it is.
Socialist government policies are why Western Capitalism has problems.
Simple as that.
Crystal Clear.
originally posted by: xuenchen
originally posted by: EmmanuelGoldstein
The future of our planet will not be operating under capitalism.
There's no way this can keep going like it is.
Socialist government policies are why Western Capitalism has problems.
Simple as that.
Crystal Clear.
originally posted by: FamCore
a reply to: ElectricUniverse
I honestly don't understand how people think Bernie Sanders as president would mean we turn the constitution on its head and everyone poor gets tons of free handouts.
Do people really think Congress would go along with stripping this country from the inside out and gutting everything that's already in the books?
originally posted by: MOMof3
a reply to: dismanrc
Is this a veiled threat to the socialists and liberals on here?