posted on May, 27 2013 @ 06:30 PM
reply to post by NoTarSed
I am not really talking about Marx when I say socialism. American politicians like to refer to certain European countries as socialist, in a grab for
votes I guess but still, so I refer to the situation in those countries when I say socialism.
Ironically those are the countries that eclipse America when it comes to the standard of living, like Sweden. I am not saying it is fair to compare a
country that has to manage 4 million people and a very small military to one of 300 million people which runs 10 carrier groups, but again, still..
Originally posted by Tuttle
reply to post by Merinda
Socialism crushes the economy
Being that as the case, can you tell me why socialism did so well for the American economy during World War Two?.
Just curious to know what your thoughts are on that.
There is no specific reason, the same mechanism apply to any economy.
Profit is something you beat out of an economy, then it needs to be nursed back. Imagine a pump, you take water out of the pump, if you take too much
water out of the pump the flow stutters and the cycle breaks down because there isnt enough water in the system.
An economy needs to allow for people to become rich, because thats what encourages them to start enterprises, gain skills or do both. But if you
overdo it, then at the bottom there is not enough disposable income to fuel all those skilled people and entrepreneurs. At first those at the top are
very happy at all the money they can take out of the system, but then they are looking at a population that cant give no more.
27-5-2013 by Merinda because: (no reason given)