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Marxism helped collapse the Soviet Union and led to mass poverty.
Capitalism has created the most prosperous, powerful, free and uplifting country in the history of the human race.
Communism as we saw it in real life? No. But communism as we know it has very little with Marxs communist manifesto; which, in a nutshell, envisioned a world where essentially everything was run by trade unions for the benefit of all. It ultimately fails in my book because in Marx’s world, everyone would be content to have the same as everyone else. All other things aside, humans are inherently competitive people and are only rarely content.You are saying that Communism is an economic theory?
Marxism helped collapse the Soviet Union and led to mass poverty.
Capitalism has created the most prosperous, powerful, free and uplifting country in the history of the human race.
You'll have to ask the Modern Monetary Theorists why Venezuela printing their national currency as much as their government saw fit to spend resulted in collapsing economic output.Smith's world was Venezuela before Chavez. Marx's world was Venezuela under Chevez.
God knows whose idea gave us Venezuela today, but they deserve to be shot.
Why would we 'fold and die' if we quit spending resources on F-35s and instead spent them on the things people want to spend their money on if you don't take it from them and give it to defense contractors?Ike's warning is more true now more than ever. We would fold and die if we didn't have the military industrial complex. Southern states economies would go away.
Why would we 'fold and die' if we quit spending resources on F-35s and instead spent them on the things people want to spend their money on if you don't take it from them and give it to defense contractors?
Fortunately or not, we have reached to point we weapons too devastating to use.
It's not just US tax payers doing the buying.Why would we 'fold and die' if we quit spending resources on F-35s and instead spent them on the things people want to spend their money on if you don't take it from them and give it to defense contractors?
Again though. What we saw in the Soviet Union vs what Marx envisioned are not at all the same thing.Marxism/Communism is a social/political/economic concept, totally dependent on each of these components. The Red army had political commissars within its ranks at the division level and naval (vessel Captain) equivalents to ensure military obedience to Soviet government principals. The Soviet leader had absolute authority over all matters. Private ownership of land and businesses was forbidden; the State had total control and ownership.
So, the Russian citizens went from control and authoritarianism from Tsar Nicholas 2, to control and authoritarianism from Lenin through a marvelous, glorious bloody revolution.
Again though. What we saw in the Soviet Union vs what Marx envisioned are not at all the same thing.
Disagree. Marxism wouldn’t work because it relies on people being content with what they acquire through mutual cooperation, but we are competitive people and rarely content.That's for sure. It's why communism doesn't work. It takes authoritarianism to enforce it as well as operate it. Red China is on a long fuse, subject to social changes with increasing exposure to other cultures and economic dynamics.
Problem is more fundamental than that. Value is subjective. The economic planner’s best guesses for what we want would never approach the level of choice and satisfaction we see reflected in the market, much less keep up.Disagree. Marxism wouldn’t work because it relies on people being content with what they acquire through mutual cooperation, but we are competitive people and rarely content.
Right, I‘m simplifying a great deal.Problem is more fundamental than that. Value is subjective. The economic planner’s best guesses for what we want would never approach the level of choice and satisfaction we see reflected in the market, much less keep up.
One need only compare the East German Trabant to any of the West German models from BMW, Mercedes, Volkswagen, Audi, Porsche, etc.
Imagine a car made for nearly 30 years without a design change. A car without a gas gauge in which you mix the fuel and oil yourself, because it’s a 26hp two stroke.
Why? Because that’s good enough, comrade. Be thankful the waiting list was only 10 years.