Soocialism fails simply because its core beliefs are: forcible taking of the property of another is better than voluntary charity and individual generosity; and presumes that an elite few know how to spend the money they took by force better than they do.
Regardless of corporatisim or socialisim or communisim or capitalisim there is only one word for it all "command and control" get used to it because there as been no examples in history starting from 5000 bc where a small group of people did not control all of the resource base for a large group of people in every nation state. Yes even where indegenious cultures existed there was at least a patrarchy. We are all doomed. Have a nice day.
Regarding Freidman: "-he slipped all too easily into claiming both that markets ALWAYS work and that ONLY markets work. Its extremely hard to find cases in which Freidman acknowledged the possibility that markets could go wrong or that government intervention could serve a useful purpose."
-Paul Krugman, most recent recipient of the Nobel Prize in economics (emphasis mine).
Their message was that they were never anyone important. They were never privy to the type of information that they think they were, and wanted to feel important.
No, freedom does that. Capitalism is what people go about doing under freedom. Without freedom, capitalism continues to do wonderful things for those who love to play the game of Monopoly. Freedom first, capitalism second - not the other way around.
A country is great because of freedom. Freedom, human rights, things you find in the American Constitution, get the credit for a country being great. If you have further questions, feel free to ask.
You're sounding absurd. People want to buy a home, but they don't have enough money. So they go to a bank who promises to loan them hundreds of thousand to buy a home.
If they don't pay, off the loan, they don't get the house.
I don't think it's ridiculous to not want to live my whole life under the thumb of a lender. My great grandfather came to America from Sicily in the 1920s, got work as a laborer at the water dept. and paid for a middle class house in a mixed neighborhood (that means, some very ritzy critzy houses, some average lower middle, middle class houses), had two lots, one of which he grew a garden on... and he didn't do it through credit schemes or loan schemes. He couldn't do that if he lived today.
Of course not, housing was relatively cheaper in most places because there weren't such thing as housing regulations that drive up the price. But, if you want to "own" a house now rather than later, you take out a loan so long as you can pay it back.
That's interesting. Could you point me to where I could study this effect of regulations driving up the prices of homes (and everything else, I presume)? That is - where did you learn this? Many thanks.
1) Anytime the government tells someone they must build a home in a certain way, that requires bureaucrats and inspectors to make sure the law is followed. That costs money.
2) Anytime the regulations require the use of materials that are more expensive that the alternatives (and they always are because otherwise there is no need for the regulation). That costs money.
3) Regulations require lawyers and often requires litigation.
But what made the materials and labor that go into the average house that is not in the ghetto go from 40,000 50 years ago to 100,000 today? How is it "regulations" and not the availability of loans?
the kind you refer are external regulations that treat symptoms of inherently de-regulated, corrupt business without properly enforced INTERNAL regulation on business. internal, perimeter and external regulations and their application depend on circumstances.
if INTERNAL regulations are applied to construction, banks, mortgage firms, there's no need for external regulations that raise prices.
there were housing regulations in the 1920's but not enforced.
there were INTERNAL regulations that continued until 1925 when Republican congress removed remaining regulations and de-regulated the economy to such a degree that it has been since Reagan in 1982, until today and see what's happening NOW.
most de-regulating happened in 1922 but some regulation remained and they mistakenly thought they needed MORE de-regulation in 1926 instead of more regulation. PrayForTrey was right.
Why is it that Leftists never have a damn clue what is going on in the world.
Freddie Mae and Fannie Mac were an FDR created entity that Klein and Leftists support because it allows for loans to poor people. The problem is that with the government backed loans, they knew they could loan to everyone. Then financial institutions bought the bad mortgages.
yah sure whatever. 75 years ago, when FDR created those institutions, they functioned extremely well since, UNTIL late 1980's after S & L savings loan scandal of McCain, de-regulation by ENRON LOOPHOLE in 1993, de-regulation in mid and late 1990's after Republican majority Congress lead to repeat of late 1920's scenario of HERBERT HOOVER.
but they thought THIS TIME would somehow be different.
it wasnt the mortgage firms that were flawed. it was privatizing them internally, hollowing them out.
i'm only Leftist in your personal opinion. only in your worldview, do i lack knowledge of history of economics.
after all that's happened, it's amazingly tragic that you have to apologize and still try to brainwash, propagandize and defend the flawed, failed and primitive out of date Laissez-Faire, de-regulation, privatization campaign of Adam Sith and Freidman.
you have ZERO credibility. you cant defend it anymore.
Capitalism only works with regulated to prevent abuse (mixed economy)
i'm only Leftist in your personal opinion. only in your worldview, do i lack knowledge of history of economics.
after all that's happened, it's amazingly tragic that you have to apologize and still try to brainwash, propagandize and defend the flawed, failed and primitive out of date Laissez-Faire, de-regulation, privatization campaign of Adam Smith and Freidman.
you have ZERO credibility. you cant defend it anymore.
Capitalism only works with regulation to prevent abuse (mixed economy)
You want to know what a Mixed Economy looks like...it is called Freddie Mac and Fannie Mae (AKA Gov't Backed Loans to people who cannot pay their mortgages).
the EU is the leading market, today. all countries within it and mixed economies bordering Europe are experiencing incredibly strong wealth, economic growth, GNP, profit, prosperity and stability in Middle Class and Working Class, low poverty, low corporate taxes, only high taxes on the CEO's, millionaires and billionaires.
those Freddie Mac loans were only flawed since 1993's Enron Loophole. they were privatized and redesigned in 1999 for greed.
Yeah, I am looking at the EU. Their Fiat Currency is going to go into the tank and they would be lucky to have an unemployment rate as low as our "high" 6%. In terms of overall economic growth and the relative wealth of our poor, we crush them.
The FM loans were flawed from the beginning. "Enron Loophole"...you just disqualified yourself from being taken seriously.
"Privatized in 1999"...look...when you make up nonsense you should be wearing tinfoil on your head.
you assume you can depend on dumbing down of education by privatization and public education funding cut by Neo-cons, to feed bullshit to college students, too poorly educated to know what you're feeding here is propaganda lies.
it wont work. the public is awakened like never before. your ideology is in decline and Europe leads the way.
what you said on Europe is lies. anybody can research Europe's economies @ Encyclopedia Britannica online to verify i'm accurate
You are making everything up. You just said an Enron loophole was created. This has nothing to do with Enron, and there was no loophole. You just said it was Privatized in 1999. Not only is that not true...I don't even know what that means? A privatized government backed loan was created in 1999.
i'll let others decide who actually is the idiot, by inviting them to research these on Encyclopedia Britannica Online
(not Wikipedia, because it's unreliably written by random unverified sources)
research these and READ MY PREVIOUS COMMENTS. EU, european economies, mixed economy, social democracy, de-regulation, privatization, BlackWater, 1999 hollowing of public mortgage institutions into privatized entities (corporations), new Keynesian economics, laissez-faire, 1929 crash, enron loophole
Are you backtracking on your b.s. about an "Enron Loophole" and a "Privatization in 1999" now?!
The fact of the matter is that Freddie Mac and Fannie Mae caused this mess because they are government backed loans, which encouraged lending to people who could never pay it back. When the people couldn't pay it back...the taxpayers got screwed.
You just threw a bunch of buzz words that don't even fit. (Blackwater, neocon) Do you know how to make an argument?
In 1947 a greater than one percent unemployment rate was considered ver very high, governments, senetors, congressmen and others were voted out over this in the 1950's. In 1970's this rate increased to 12 percent as the first real recession hit the capacity of business owners to borrow capital to keep afloat amidst a oil crisis. Americas current unemployment rate taking into account long term unemployed is at 17.763 percent. Your counrty is doomed. Have a nice day.
the kind you refer to are external regulations that treat symptoms of flawed inherently de-regulated, corrupt business without properly enforced INTERNAL regulation on business. internal, perimeter and external regulations and their application depend on circumstances.
if INTERNAL regulations are applied to construction, banks, mortgage firms, there's no need for external regulations that raise prices.
I'd so fuck her, she is hot as. I'll give her some shock and awe.
delusivex 2 months ago
Naomi Klein has always been one brain cell away from being and talking like a Valley girl.
RoboSlater 3 months ago
Soocialism fails simply because its core beliefs are: forcible taking of the property of another is better than voluntary charity and individual generosity; and presumes that an elite few know how to spend the money they took by force better than they do.
RoboSlater 3 months ago
buna ocazie, Arhii ; )
remember me?
VampiressOnDaProwlq 10 months ago
Regardless of corporatisim or socialisim or communisim or capitalisim there is only one word for it all "command and control" get used to it because there as been no examples in history starting from 5000 bc where a small group of people did not control all of the resource base for a large group of people in every nation state. Yes even where indegenious cultures existed there was at least a patrarchy. We are all doomed. Have a nice day.
CyberAthletethefirst 2 years ago
الله يعافيتس بس
شعرتس حلو ممكن اعرف وشلون تقسّينه كذا ؟ شكله خلقه خشن وتستشورينه ؟
< برا : $
Saudi7Girl 2 years ago
Regarding Freidman: "-he slipped all too easily into claiming both that markets ALWAYS work and that ONLY markets work. Its extremely hard to find cases in which Freidman acknowledged the possibility that markets could go wrong or that government intervention could serve a useful purpose."
-Paul Krugman, most recent recipient of the Nobel Prize in economics (emphasis mine).
rsaswest 3 years ago
"As long as politics is the shadow cast on society by big business, the attenuation of the shadow will not change the substance."
"We can have facts without thinking but we cannot have thinking without facts."
"Every thinker puts some portion of an apparently stable world in peril."
John Dewey
mariapia3 3 years ago
Neoliberal = Shit = Criminal = Trash
3m1lito 3 years ago
stupid woman, smiling as she talks about these disasters.
mrzack888 3 years ago
you are stupid, fuckung yankee. Naome is de greath woman.
3m1lito 3 years ago
Capitalism has brought more prosperity to the poor of the world than any other source.
Conversely, Governments and public control of resources have created more poverty and created more misery than any other source.
Advocate1234 3 years ago
FALSE. Predatory totally unregulated profit-motive capitalism have made the poor more poor, and the rich more rich. get with the program.
mrzack888 3 years ago
No, sorry. I'm refuse to be with the program of the economic illiterates.
Advocate1234 3 years ago
then perhaps you need to go read "confessions of an economic hitman". let's see who's illiterate.
mrzack888 3 years ago
That guy is such a demagogue. He wants to feel important like Joe Wilson, but what just a nobody.
Advocate1234 3 years ago
you're attacking John Perkins personally. His message is legitimate and relevant, just like Joe Wilson's message.
mrzack888 3 years ago
Their message was that they were never anyone important. They were never privy to the type of information that they think they were, and wanted to feel important.
Advocate1234 3 years ago
No, freedom does that. Capitalism is what people go about doing under freedom. Without freedom, capitalism continues to do wonderful things for those who love to play the game of Monopoly. Freedom first, capitalism second - not the other way around.
prayfertrey 3 years ago
I'm not even sure if you knew what you just wrote.
Advocate1234 3 years ago
A country is great because of freedom. Freedom, human rights, things you find in the American Constitution, get the credit for a country being great. If you have further questions, feel free to ask.
prayfertrey 3 years ago
You cannot have freedom without De Jure private property rights.
Moreover, the Constitution creates capitalism.
Advocate1234 3 years ago
What if I want to be free of mortgage lenders?
prayfertrey 3 years ago
You're sounding absurd. People want to buy a home, but they don't have enough money. So they go to a bank who promises to loan them hundreds of thousand to buy a home.
If they don't pay, off the loan, they don't get the house.
You're just sounding ridiculous.
Advocate1234 3 years ago
I don't think it's ridiculous to not want to live my whole life under the thumb of a lender. My great grandfather came to America from Sicily in the 1920s, got work as a laborer at the water dept. and paid for a middle class house in a mixed neighborhood (that means, some very ritzy critzy houses, some average lower middle, middle class houses), had two lots, one of which he grew a garden on... and he didn't do it through credit schemes or loan schemes. He couldn't do that if he lived today.
prayfertrey 3 years ago
Of course not, housing was relatively cheaper in most places because there weren't such thing as housing regulations that drive up the price. But, if you want to "own" a house now rather than later, you take out a loan so long as you can pay it back.
Advocate1234 3 years ago
That's interesting. Could you point me to where I could study this effect of regulations driving up the prices of homes (and everything else, I presume)? That is - where did you learn this? Many thanks.
prayfertrey 3 years ago
This is basic economics:
1) Anytime the government tells someone they must build a home in a certain way, that requires bureaucrats and inspectors to make sure the law is followed. That costs money.
2) Anytime the regulations require the use of materials that are more expensive that the alternatives (and they always are because otherwise there is no need for the regulation). That costs money.
3) Regulations require lawyers and often requires litigation.
Those costs are passed to consumers
Advocate1234 3 years ago
But what made the materials and labor that go into the average house that is not in the ghetto go from 40,000 50 years ago to 100,000 today? How is it "regulations" and not the availability of loans?
prayfertrey 3 years ago
Advocate1234
you turned the argument into "either- or".
there are several kinds of regulations.
the kind you refer are external regulations that treat symptoms of inherently de-regulated, corrupt business without properly enforced INTERNAL regulation on business. internal, perimeter and external regulations and their application depend on circumstances.
if INTERNAL regulations are applied to construction, banks, mortgage firms, there's no need for external regulations that raise prices.
VampiressOnDaProwl 3 years ago 2
there were housing regulations in the 1920's but not enforced.
there were INTERNAL regulations that continued until 1925 when Republican congress removed remaining regulations and de-regulated the economy to such a degree that it has been since Reagan in 1982, until today and see what's happening NOW.
most de-regulating happened in 1922 but some regulation remained and they mistakenly thought they needed MORE de-regulation in 1926 instead of more regulation. PrayForTrey was right.
VampiressOnDaProwl 3 years ago
Why is it that Leftists never have a damn clue what is going on in the world.
Freddie Mae and Fannie Mac were an FDR created entity that Klein and Leftists support because it allows for loans to poor people. The problem is that with the government backed loans, they knew they could loan to everyone. Then financial institutions bought the bad mortgages.
That is the ENTIRE situation right now.
Advocate1234 3 years ago
yah sure whatever. 75 years ago, when FDR created those institutions, they functioned extremely well since, UNTIL late 1980's after S & L savings loan scandal of McCain, de-regulation by ENRON LOOPHOLE in 1993, de-regulation in mid and late 1990's after Republican majority Congress lead to repeat of late 1920's scenario of HERBERT HOOVER.
but they thought THIS TIME would somehow be different.
it wasnt the mortgage firms that were flawed. it was privatizing them internally, hollowing them out.
VampiressOnDaProwl 3 years ago
Again, you're a Leftist, and by definition you have no knowledge of history of economics.
The Money supply was cut by 1/3 after a hyperinflationary situation in the 20s. It has ZERO to do with regulation.
Moreover, the highly regulated market collapsed in the 70s.
Were you dropped on your head as a child or did you just base you knowledge of history on Klein?
Advocate1234 3 years ago
i'm only Leftist in your personal opinion. only in your worldview, do i lack knowledge of history of economics.
after all that's happened, it's amazingly tragic that you have to apologize and still try to brainwash, propagandize and defend the flawed, failed and primitive out of date Laissez-Faire, de-regulation, privatization campaign of Adam Sith and Freidman.
you have ZERO credibility. you cant defend it anymore.
Capitalism only works with regulated to prevent abuse (mixed economy)
VampiressOnDaProwl 3 years ago
i'm only Leftist in your personal opinion. only in your worldview, do i lack knowledge of history of economics.
after all that's happened, it's amazingly tragic that you have to apologize and still try to brainwash, propagandize and defend the flawed, failed and primitive out of date Laissez-Faire, de-regulation, privatization campaign of Adam Smith and Freidman.
you have ZERO credibility. you cant defend it anymore.
Capitalism only works with regulation to prevent abuse (mixed economy)
VampiressOnDaProwl 3 years ago
You want to know what a Mixed Economy looks like...it is called Freddie Mac and Fannie Mae (AKA Gov't Backed Loans to people who cannot pay their mortgages).
You're such a lightweight.
Advocate1234 3 years ago
dumbass, look at EUROPE for MIXED ECONOMY.
the EU is the leading market, today. all countries within it and mixed economies bordering Europe are experiencing incredibly strong wealth, economic growth, GNP, profit, prosperity and stability in Middle Class and Working Class, low poverty, low corporate taxes, only high taxes on the CEO's, millionaires and billionaires.
those Freddie Mac loans were only flawed since 1993's Enron Loophole. they were privatized and redesigned in 1999 for greed.
VampiressOnDaProwl 3 years ago 3
Yeah, I am looking at the EU. Their Fiat Currency is going to go into the tank and they would be lucky to have an unemployment rate as low as our "high" 6%. In terms of overall economic growth and the relative wealth of our poor, we crush them.
The FM loans were flawed from the beginning. "Enron Loophole"...you just disqualified yourself from being taken seriously.
"Privatized in 1999"...look...when you make up nonsense you should be wearing tinfoil on your head.
Advocate1234 3 years ago
i'm not making anything up.
you assume you can depend on dumbing down of education by privatization and public education funding cut by Neo-cons, to feed bullshit to college students, too poorly educated to know what you're feeding here is propaganda lies.
it wont work. the public is awakened like never before. your ideology is in decline and Europe leads the way.
what you said on Europe is lies. anybody can research Europe's economies @ Encyclopedia Britannica online to verify i'm accurate
VampiressOnDaProwl 3 years ago 3
You are making everything up. You just said an Enron loophole was created. This has nothing to do with Enron, and there was no loophole. You just said it was Privatized in 1999. Not only is that not true...I don't even know what that means? A privatized government backed loan was created in 1999.
You're an abject idiot.
Advocate1234 3 years ago
i'll let others decide who actually is the idiot, by inviting them to research these on Encyclopedia Britannica Online
(not Wikipedia, because it's unreliably written by random unverified sources)
research these and READ MY PREVIOUS COMMENTS. EU, european economies, mixed economy, social democracy, de-regulation, privatization, BlackWater, 1999 hollowing of public mortgage institutions into privatized entities (corporations), new Keynesian economics, laissez-faire, 1929 crash, enron loophole
VampiressOnDaProwl 3 years ago 3
Are you backtracking on your b.s. about an "Enron Loophole" and a "Privatization in 1999" now?!
The fact of the matter is that Freddie Mac and Fannie Mae caused this mess because they are government backed loans, which encouraged lending to people who could never pay it back. When the people couldn't pay it back...the taxpayers got screwed.
You just threw a bunch of buzz words that don't even fit. (Blackwater, neocon) Do you know how to make an argument?
Advocate1234 3 years ago
In 1947 a greater than one percent unemployment rate was considered ver very high, governments, senetors, congressmen and others were voted out over this in the 1950's. In 1970's this rate increased to 12 percent as the first real recession hit the capacity of business owners to borrow capital to keep afloat amidst a oil crisis. Americas current unemployment rate taking into account long term unemployed is at 17.763 percent. Your counrty is doomed. Have a nice day.
CyberAthletethefirst 2 years ago 2
you smoke crack
rickbar123 2 years ago
PrayFerTrey
read the comments.
Advocate1234, you're a Neo-Liberalist, Neo-con, Milton Freidman, de-regulation, Libertarian Fascist corporatist apologist.
i recognize your name from previous encounters. you're on our watch list. another Chicago and Austrian school of economics advocate.
we know now. i know your propagandists are slithering around blogs and YT.
you under estimate the intelligence of college students. you think they're that dumb huh. you can't fool as many as you think.
VampiressOnDaProwl 3 years ago 2
you're turning the argument into an "either- or".
there are several kinds of regulations.
the kind you refer to are external regulations that treat symptoms of flawed inherently de-regulated, corrupt business without properly enforced INTERNAL regulation on business. internal, perimeter and external regulations and their application depend on circumstances.
if INTERNAL regulations are applied to construction, banks, mortgage firms, there's no need for external regulations that raise prices.
VampiressOnDaProwl 3 years ago