The specter that still haunts capitalism

CHL

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Efficiency with regards to what specifically?
Just overall economic productivity and macroeconomic performance. When I brought up democratization of the workplace and democratic socialism to this centrist person who's (I think) a liberal socially and centre right capitalist economically, he was saying that he wasn't opposed to democratic socialism morally/philosophically and that it would probably be better if it was the most viable option, but that in his opinion it would be more inefficient economically than private capitalism, generally.

I said it seems premature to assert that when it's not like we have many available models or States implementing democratic socialism to analyse and compare it. :yeshrug:
 

Tate

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Excerpt is full of holes..

Post is empty on content

I don't understand what is appealing about socialism. Or why brehs are attracted to it. Black Wall Street was great until it was destroyed

What was the black poverty rate at black wall street's peak?

Socialism is appealing because it's the most high minded, egalitarian society imaginable. Equality generally appeals to all exploited peoples, as this article notes. Black Americans are among history's most exploited cohorts; which is why socialism has played a crucial role in virtually all black struggles and why most black leaders of note were either sympathetic to or were socialists themselves.

The reason people are poor is because we are on a fiat monetary system and CRONY capitalism.


Real unmanipulated Free Markets is the way to go Not bigger govt and central planning

You understand that capitalism literally requires poor people correct? You understand that free markets are impossible?

Crony capitalism is capitalism in its functional form.
 

AJaRuleStan

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>Socialist logic
>1. "We need to regulate the markets to make sure it's 'fair'"
>2. "Oh noes, something bad happened. Clearly this is the fault of the free market and not our regulations so and we need MORE regulations!"
>Repeat 2 until socialism

Daily reminder that Karl Marx was a mentally ill NEET who spent his neetdom writing about how it's not fair that people have more than him. And that his ideas when applied has only managed to distribute poverty instead of wealth. Also, the only ppl still supporting pure socialism are either young ppl who never experienced real responsibility, NEETs, or ppl who have no knowledge on basic economics like Bernie "IT'S ALL FREE" Sanders. .
 
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Tate

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>Socialist logic
>1. "We need to regulate the markets to make sure it's 'fair'"
>2. "Oh noes, something bad happened. Clearly this is the fault of the free market and not our regulations so and we need MORE regulations!"
>Repeat 2 until socialism

Daily reminder that Karl Marx was a mentally ill NEET who spent his neetdom writing about how it's not fair that people have more than him. And that his ideas when applied has only managed to distribute poverty instead of wealth. Also, the only ppl still supporting for pure socialism are either young ppl who never experienced real responsibility, NEETs, or have no knowledge on basic economics like Bernie "IT'S ALL FREE" Sanders. .

Ahistorical analysis. Without regulations the entire western world would have succumbed to soviet style Bolshevism or another leftism during the 10s, 20s, and 30s. There's never been a man who did as much for capitalism as FDR.

Kindly point out one example of a functioning unencumbered free market or explain why there hasn't been such an example

Karl Marx's numerous contributions to multiple fields of study are universally recognized. He's inarguably one of the most brilliant men of the past 500 years. The right wing echo chamber you reside in is one of the few circles of learning in the world that disregards his writings in their entirety.
 
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