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originally posted by: Bluntone22
Do we really have to do this comparison again?
America is not just capitalist. Do I need to list all the social programs?
Venezuela is not just socialist. They have a dictator ruling the country.
I wish pensions would make a comeback
originally posted by: Metallicus
Authoritarianism is required for Socialism to work.
originally posted by: Joecanada11
a reply to: Bone75
That's the thing. Captilalism isn't working. When it started it seemed great but as this experiment has continued its leaving millions homeless and starving.
two-thirds that of the leading euro-zone economies. Tourism provides 18% of GDP. Immigrants make up nearly one-fifth of the work force, mainly in agricultural and unskilled jobs. Greece is a major beneficiary of EU aid, equal to about 3.3% of annual GDP. The Greek economy averaged growth of about 4% per year between 2003 and 2007, but the economy went into recession in 2009 as a result of the world financial crisis, tightening credit conditions, and Athens' failure to address a growing budget deficit. By 2013 the economy had contracted 26%, compared with the pre-crisis level of 2007. Greece met the EU's Growth and Stability Pact budget deficit criterion of no more than 3% of GDP in 2007-08, but violated it in 2009, with the deficit reaching 15% of GDP