@Trolling4You2 "you have to wonder if size is the factor here". Of course it is not.
About the whole of Europe is "socialist". "Socialism" works if a state has sufficient tax revenue. Put differently, a state can have as much "socialism" as its tax revenue allows. Now, if the US would have some serious taxation, of course it would work and with its ridiculously low current taxation of course it wouldn`t work. Size??? LOL
@Trolling4You2 Well, Germany, for example, has more than 80 million inhabitants & their system works perfectly fine...I just mentioned Norway as another example...And no one is saying that socialism works...Germany, Norway, Sweden, etc... are not really socialist countries....They have mixed economies (basically capitalist countries with more regulation & a considerable safety net)...Pure socialism doesn't work...Neither does pure capitalism...
This guy have NO IDEA WHAT IS HE TALKING ABOUT!!!!
This crises in EU is caused by investments in US real estate market, bubble made in USA (Lehmann Bros, Goldman Sachs & co..
Retirement with 50?!?! Dream about it - retirement in Germany is 67!
It is true that Germany have a small problem with pension fond, because THEY BOUGHT EAST GERMANY FROM RUSSIA with that money. Inform your self before you speak about something YOU HAVE NO IDEA ABOUT!
Your analysis is so flawed, I don't even know where to begin...For starters, you think Germany is the exception & Greece is the rule in Europe...It's quite the opposite...For example, NORWAY was the only country in the World to see economic growth in 2008...Also, people do not retire when they're 50yrs old in Europe...I'm an American, living in Norway now & I have family all over Europe. That is simply not true, at all. I could keep going, but I'd need a lot more space that Youtube allows...
Capitalism is when you build a lemonaid stand and sell your product for the highest price people will pay for it. Therefore "the people" set the standard for prices not the government. Monopoly was not invented by the system of Capitalism or Capitalists. It was always a Communist/Socialist idea, I.E. "Government Monopoly" over all trade. It is the Trojan Horse of Socialism within the Capitalist system which is destoying our countries not the other way around. History shows this has happened B4!
It is true that people, "reserve the right to remain ignorant" these days. And the culprit is of course the good ol' "thought police" who teach us to censor our own minds. If you live in a land where simple rights like Freedom of Speech, or the Right to Bare Arms do not exist anymore, there is a gulag in your future. Once again the world must learn what Bernard Shaw wrote long ago, "The cornerstone of Socialism is mandatory labor with death as the final penalty"…
@bweazel with whats happening in Ireland it looks like they are all really starting to circle the drain......although the US is floating in the same swill...we are just a bit further out from the drain.
Greece is hardly an example of how things are generally done in Europe.
A family friend who has lived in Greece for decades told that when they had EU money to build new sevage system in Samos (She also told that the bay there smelled literally like shit) they spend large chunk of the money to make a large mosaic on a city square. They ran out of money to finish the sevage system. Then they asked for more.
Greece spent money like mad. They were living beyond their means. Now we pay the price.
In general Americans, including the onse writing such articles, know extremely little of what European"socialism" really looks like. "Going into retirement at 50" being a typical example.
Yes one can go into retirement then ..... if you had such a fantastic job you could build up sufficient pension in such a short span to actually survive from it. Otherwise, you better work until you're 67!
Europe is about money. Nothing more more, nothing less. Money rules. money makes the world go round.
4) To Americans it looks as if European "socialism" faces rough weather cause governments make choices they consider unwise. This is just appearance. The US believe in eternal spending. A crisis? Ok let the printing machines roll. The EU believes in the opposite. A crisis? hoist them taxes high + cut backs! Of course they could be making trillions of debt instead and continue spending for all eternity just like the US. Everything would look mighty fine then (whether it really is debatable).
3) "Socialist" countries that have to undergo severe cut backs have to do this due to mismanagement, not a failing system. If you continuously want too much with too less an income, you get ito problems. What one sees in Europe is that their "welfare states" adapt. For instance, social welfare goes down when the money flow dries up and goes up again when the money starts rolling again. This is fluctuation and adaptation. The system itself won't go. It's an undeniable winner.
1) European "socialism" is European capitalism. It simply is ordinary good old captilism with more government regulation and taxation. Earning and spending, whether by a company or a government, must be balanced. It's all about money. Some states do this well others less (which simply is mismanagement)
2) Europe doesn't have more deficits that the US has without "socialism". As a matter of fact, the US's is worse.
@Efteling4Ever Thanks for the great informative post. True that we see things depending on which side of the fence we are viewing from.
As you describe it, it is just "european capitalism" with lots of taxes. To us it looks like socialism...gov healthcare and such.
But the US is in bad shape financially...unfortunately the gov can't/won't fix it. I think we are all in for a very bumpy ride in the coming months/years.
This 5000 characthers limit is ridiculous, prevents any sane debate :p.
And just to address the "Europe abusing the US security umbrella" myth. Granted, after WW2 the french wanted US bases to protect from a potentially resurgent Germany. Those days are long past though. It's The US and not Europe that further expanded them during the Cold War, this wasn't a wish from the European population or political elites. Now the bases are mostly used for supplying Iraq and Afghanistan.
Real unemployment rates are about the same (discounting discouraged workers is just a xheap statistitical hack). To suggest that the current "socialist entitlement programs" can't be sustained and Euope is undergoing radical changes with the current austerity measures is just not true. It's still as socialist as before and no political parties is talking about giving up the Reinland social model. The Euro has collapsed from an unsustainable high and is now actually at PPP levels.
I live in Europe and this video is completely divorced from reality. Both the U.S. and the countries in Europe are mixed economies that incorporate elements of socialism and capitalism. GDP per capita at PPP are roughly the same per hour worked. Gini coëffecient is lower in Europe, which points to less inequality (About half of the GDP in the US is owned by the top 2%, that's just paper wealth to the other 98%). Taxes are on average higher but so are social provisions.
@Enlighter so the fact that Greece and more countries are failing because they are doing great? The 1 trillion dollar bailout is because they are economic powerhouses! Sorry I disagree....the US is going down the drain because of our social programs creating huge unfunded liabilities. The Eurozone is doing the same as I see it. But thanks for your opinion...
I wasn't suggesting Europe is doing great. Neither the U.S. nor Europe is doin very well economically. I'm just saying that when you talk in your video how "we"e are starting to realise" our health care and pensions systems have to change that's entirely untrue, nobody is calling for the kind of changes you woulf equate to 'soft socialism', which btw has more helped the citizens of europe to get through the recession, it's an economic stabiliser. The economy is about people.
@Enlighter What I am saying is that "we" as in the world that as Margaret Thatcher said "Socialism is great until you run out of other peoples money" The burden of social programs is bankrupting countries. Along with too generous pensions that are forcing gov to cut services and benefits....so in that context socialism is failing.
The Scandinavian countries are doing fine but it's because of their small populations and expenses. Socialism has always worked in small communities, but it's a disaster if you want to use it to build a world power.
Good video. Greece and Spain are among the most Socialist states in Europe and it's no accident that they are doing the worse.
yes it;'s being replicated in the U.s. because Socialism is indifferent to results, it is utopian and enraptured in a vision that is divorced from the practical realities of the real world.
@Califacience European socialism is not failing, mate. Your examples are unrelated. As a matter of fact, Greece is a matter of shameless mismanagement that has its origin in borrowing money without properly collecting taxes (needless to say other European countries of course do properly collect taxes). Spain has difficulties due to a real estate crisis (similar to the US) and a resulting banking crisis. Noithing to do with socialism.
@Trolling4You2 "you have to wonder if size is the factor here". Of course it is not.
About the whole of Europe is "socialist". "Socialism" works if a state has sufficient tax revenue. Put differently, a state can have as much "socialism" as its tax revenue allows. Now, if the US would have some serious taxation, of course it would work and with its ridiculously low current taxation of course it wouldn`t work. Size??? LOL
Efteling4Ever 7 months ago
@Trolling4You2 Well, Germany, for example, has more than 80 million inhabitants & their system works perfectly fine...I just mentioned Norway as another example...And no one is saying that socialism works...Germany, Norway, Sweden, etc... are not really socialist countries....They have mixed economies (basically capitalist countries with more regulation & a considerable safety net)...Pure socialism doesn't work...Neither does pure capitalism...
Ondinita212 7 months ago
This guy have NO IDEA WHAT IS HE TALKING ABOUT!!!!
This crises in EU is caused by investments in US real estate market, bubble made in USA (Lehmann Bros, Goldman Sachs & co..
Retirement with 50?!?! Dream about it - retirement in Germany is 67!
It is true that Germany have a small problem with pension fond, because THEY BOUGHT EAST GERMANY FROM RUSSIA with that money. Inform your self before you speak about something YOU HAVE NO IDEA ABOUT!
ailee1510 7 months ago
Your analysis is so flawed, I don't even know where to begin...For starters, you think Germany is the exception & Greece is the rule in Europe...It's quite the opposite...For example, NORWAY was the only country in the World to see economic growth in 2008...Also, people do not retire when they're 50yrs old in Europe...I'm an American, living in Norway now & I have family all over Europe. That is simply not true, at all. I could keep going, but I'd need a lot more space that Youtube allows...
Ondinita212 7 months ago
watch the success of capitalism in greece,cant wait to see this all over europe.
onewhopwns 7 months ago
Capitalism is when you build a lemonaid stand and sell your product for the highest price people will pay for it. Therefore "the people" set the standard for prices not the government. Monopoly was not invented by the system of Capitalism or Capitalists. It was always a Communist/Socialist idea, I.E. "Government Monopoly" over all trade. It is the Trojan Horse of Socialism within the Capitalist system which is destoying our countries not the other way around. History shows this has happened B4!
rross27 10 months ago
It is true that people, "reserve the right to remain ignorant" these days. And the culprit is of course the good ol' "thought police" who teach us to censor our own minds. If you live in a land where simple rights like Freedom of Speech, or the Right to Bare Arms do not exist anymore, there is a gulag in your future. Once again the world must learn what Bernard Shaw wrote long ago, "The cornerstone of Socialism is mandatory labor with death as the final penalty"…
rross27 10 months ago
@rross27 Agree 100%
wakeupbreathing 10 months ago
Good. Fuck you, EU. Hurry up and die already. Your draggin' us down with you.
bweazel 1 year ago
@bweazel with whats happening in Ireland it looks like they are all really starting to circle the drain......although the US is floating in the same swill...we are just a bit further out from the drain.
wakeupbreathing 1 year ago
Greece is hardly an example of how things are generally done in Europe.
A family friend who has lived in Greece for decades told that when they had EU money to build new sevage system in Samos (She also told that the bay there smelled literally like shit) they spend large chunk of the money to make a large mosaic on a city square. They ran out of money to finish the sevage system. Then they asked for more.
Greece spent money like mad. They were living beyond their means. Now we pay the price.
BlizBob 1 year ago
In general Americans, including the onse writing such articles, know extremely little of what European"socialism" really looks like. "Going into retirement at 50" being a typical example.
Yes one can go into retirement then ..... if you had such a fantastic job you could build up sufficient pension in such a short span to actually survive from it. Otherwise, you better work until you're 67!
Europe is about money. Nothing more more, nothing less. Money rules. money makes the world go round.
Efteling4Ever 1 year ago
4) To Americans it looks as if European "socialism" faces rough weather cause governments make choices they consider unwise. This is just appearance. The US believe in eternal spending. A crisis? Ok let the printing machines roll. The EU believes in the opposite. A crisis? hoist them taxes high + cut backs! Of course they could be making trillions of debt instead and continue spending for all eternity just like the US. Everything would look mighty fine then (whether it really is debatable).
Efteling4Ever 1 year ago
3) "Socialist" countries that have to undergo severe cut backs have to do this due to mismanagement, not a failing system. If you continuously want too much with too less an income, you get ito problems. What one sees in Europe is that their "welfare states" adapt. For instance, social welfare goes down when the money flow dries up and goes up again when the money starts rolling again. This is fluctuation and adaptation. The system itself won't go. It's an undeniable winner.
Efteling4Ever 1 year ago
1) European "socialism" is European capitalism. It simply is ordinary good old captilism with more government regulation and taxation. Earning and spending, whether by a company or a government, must be balanced. It's all about money. Some states do this well others less (which simply is mismanagement)
2) Europe doesn't have more deficits that the US has without "socialism". As a matter of fact, the US's is worse.
Efteling4Ever 1 year ago
@Efteling4Ever Thanks for the great informative post. True that we see things depending on which side of the fence we are viewing from.
As you describe it, it is just "european capitalism" with lots of taxes. To us it looks like socialism...gov healthcare and such.
But the US is in bad shape financially...unfortunately the gov can't/won't fix it. I think we are all in for a very bumpy ride in the coming months/years.
Thanks again for your great insight!
wakeupbreathing 1 year ago
This 5000 characthers limit is ridiculous, prevents any sane debate :p.
And just to address the "Europe abusing the US security umbrella" myth. Granted, after WW2 the french wanted US bases to protect from a potentially resurgent Germany. Those days are long past though. It's The US and not Europe that further expanded them during the Cold War, this wasn't a wish from the European population or political elites. Now the bases are mostly used for supplying Iraq and Afghanistan.
Enlighter 1 year ago
Real unemployment rates are about the same (discounting discouraged workers is just a xheap statistitical hack). To suggest that the current "socialist entitlement programs" can't be sustained and Euope is undergoing radical changes with the current austerity measures is just not true. It's still as socialist as before and no political parties is talking about giving up the Reinland social model. The Euro has collapsed from an unsustainable high and is now actually at PPP levels.
Enlighter 1 year ago
I live in Europe and this video is completely divorced from reality. Both the U.S. and the countries in Europe are mixed economies that incorporate elements of socialism and capitalism. GDP per capita at PPP are roughly the same per hour worked. Gini coëffecient is lower in Europe, which points to less inequality (About half of the GDP in the US is owned by the top 2%, that's just paper wealth to the other 98%). Taxes are on average higher but so are social provisions.
Enlighter 1 year ago
@Enlighter so the fact that Greece and more countries are failing because they are doing great? The 1 trillion dollar bailout is because they are economic powerhouses! Sorry I disagree....the US is going down the drain because of our social programs creating huge unfunded liabilities. The Eurozone is doing the same as I see it. But thanks for your opinion...
wakeupbreathing 1 year ago
@wakeupbreathing
I wasn't suggesting Europe is doing great. Neither the U.S. nor Europe is doin very well economically. I'm just saying that when you talk in your video how "we"e are starting to realise" our health care and pensions systems have to change that's entirely untrue, nobody is calling for the kind of changes you woulf equate to 'soft socialism', which btw has more helped the citizens of europe to get through the recession, it's an economic stabiliser. The economy is about people.
Enlighter 1 year ago
@Enlighter What I am saying is that "we" as in the world that as Margaret Thatcher said "Socialism is great until you run out of other peoples money" The burden of social programs is bankrupting countries. Along with too generous pensions that are forcing gov to cut services and benefits....so in that context socialism is failing.
Even if "we" don't see
wakeupbreathing 1 year ago
The Scandinavian countries are doing fine but it's because of their small populations and expenses. Socialism has always worked in small communities, but it's a disaster if you want to use it to build a world power.
Califacience 1 year ago
Good video. Greece and Spain are among the most Socialist states in Europe and it's no accident that they are doing the worse.
yes it;'s being replicated in the U.s. because Socialism is indifferent to results, it is utopian and enraptured in a vision that is divorced from the practical realities of the real world.
Califacience 1 year ago
@Califacience that's the problem....people that want socialism think it's utopia....and it simply does not work.
wakeupbreathing 1 year ago
@Califacience European socialism is not failing, mate. Your examples are unrelated. As a matter of fact, Greece is a matter of shameless mismanagement that has its origin in borrowing money without properly collecting taxes (needless to say other European countries of course do properly collect taxes). Spain has difficulties due to a real estate crisis (similar to the US) and a resulting banking crisis. Noithing to do with socialism.
Efteling4Ever 1 year ago