posted on Mar, 22 2014 @ 08:14 AM
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.
The title of the post isnt actually the point I am trying to make but the point I was arguing against, by laying out how the interests of an economic
system and the interests of ones own bottom line are not diametrically opposed, but run into conflict for sure.
even though on paper, as many other ideologies, capitalism sounds nice...if it weren't for the motif ingrained in the ideology. It is not the pursuit
of happiness, it's the pursuit of profit. It puts profit first. This is especially true for the corporations.
The problem with starting off with capitalism, is the starting point...which is the question..."how can I earn money ?", and not "how can I contribute
to society or a local economy?". In order to sell more (because without constant increase in sales the ideology would crumble) one needs to speed up
production, reduce expenses. What this brings is a reduction in quality of products and reduction in wages for the working class. Examples of this is
contained within all too well known social meme..."made in China" or "made in Taiwan".
Capitalists are playing dumb...without the second/third world countries which are used as cheap labor, there wouldn't be any capitalism. There
wouldn't be any corporations.
First off Socialism or what is called socialism in Scandinavia is really capitalism with a twist. You could argue America is a socialist country with
an exclusive focus on defense, rather than diversifying over a broad sector that might benefit Americans in other areas than defense.
With that said capitalism is great to motivate people to be productive and to achieve. Also, Capitalism can run afoul when 2 scenarios are met, money
passes from being the tool to being the solemn and only goal. The distribution of money becomes top heavy causing money in the economy to dry up
causing talent and resources going unfunded and therefore unused. The space race saw a lot of spending with the focus on a goal money was spent and
brought many fruits in the form of manifold innovations. Of course beating the Soviets to the race to the moon is a goal sexy as hell and the spending
was questioned by only a few, unlike other goals like providing universal healthcare (not talking Obamacare here, which is actually shifting the costs
of health care AWAY from the state) . When money is the goal you have a lot of people thinking hard how they can transfer digital dollars
originating from the central bank into their own accounts, preferably with as few stops in between as possible. Thats when you get the brightest
people working on algorithms playing the forex markets rather than being out there and being productive.
I do believe this article is realted.
edit on 22-3-2014 by Merinda because: (no reason
To summarize when powerful people set out with the singular goal of making money, no matter the cost to society, then its trouble, a lesson Germany
learned the hard way (and even then before they pocketed their money they had to provide arms and supplies in return so at least something was
produced). This is not meant as an attack on capitalism, but as a caution, that a system which saw unprecedented progress needs direction and
regulation to function as intended, just like any sport needs a referee and drug tests, not deregulation.
edit on 22-3-2014 by Merinda
because: (no reason given)
edit on 22-3-2014 by Merinda because: (no reason given)