Don't Drink That Kool-Aid from iOwnTheWorld.com

the dangers of swallowing the Kool-Aid

Barack Obama

Socialism is an economic and political theory advocating public or common ownership and cooperative management of the means of production and allocation of resources.[1][2][3] A socialist society is organized on the basis of relatively equal power-relations, self-management, dispersed decision-making (adhocracy) and a reduction or elimination of hierarchical and bureaucratic forms of administration and governance, the extent of which varies in different types of socialism.[4][5] This ranges from the establishment of cooperative management structures to the abolition of all hierarchical structures in favor of free association.

As an economic system, socialism is the direct allocation of capital goods (means of production) to meet economic demands so that production is oriented toward use and accounting is based on some physical magnitude, such as physical quantities or a direct measure of labour time.[6][7] Goods and services for consumption are distributed through markets, and distribution of income is based on the principle of individual merit/individual contribution.[8]

As a political movement, socialism includes a diverse array of political philosophies, ranging from reformism to revolutionary socialism. Some currents of socialism, often referred to as state socialism, advocate complete nationalisation of the means of production, distribution and exchange as a strategy for implementing socialism; while social democrats advocate public control of capital within the framework of a market economy. Libertarian socialists and anarchists reject using the state to build socialism, arguing that socialism will, and must, arise spontaneously. They advocate direct worker-ownership of the means of production alternatively through independent syndicates, workplace democracies, or worker cooperatives.

Modern socialism originated from an 18th-century intellectual and working class political movement that criticised the effects of industrialisation and private property on society. Utopian socialists such as Robert Owen (1771--1858), tried to found self-sustaining communes by secession from a capitalist society. Henri de Saint Simon (1760--1825), who coined the term socialisme, advocated technocracy and industrial planning.[9] Saint-Simon, Friedrich Engels and Karl Marx advocated the creation of a society that allows for the widespread application of modern technology to rationalise economic activity by eliminating the anarchy of capitalist production that results in instability and cyclical crises of overproduction.

Reformists, such as classical social democrats, believe that a socialist system can be achieved by reforming capitalism. Socialism, in their view, can be reached through the existing political system by electing socialists to political office to implement economic reforms.

Revolutionary Syndicalists argue that revolutionary trade or industrial unions, as opposed to the state or worker councils, are the only means to establish socialism.

Other theorists, such as Joseph Schumpeter, Thorstein Veblen and some of the Utopian socialists, believed that socialism would form naturally and spontaneously without, or with very limited, political action as the capitalist economic system decays into obsolescence.

Economic liberals, pro-capitalist libertarians and some classical liberals view private property of the means of production and the market exchange as natural and/or moral phenomena, which are central to their conceptions of freedom and liberty, and thus perceive public ownership of the means of production, cooperatives and economic planning as infringements upon liberty. Some of the primary criticisms of socialism are distorted or absent price signals,[129][130] reduced incentives,[131][132][133] reduced prosperity, feasibility, and its social and political effects.

Critics from the neoclassical school of economics criticize state-ownership and centralization of capital on the grounds that there is a lack of incentive in state institutions to act on information as efficiently as capitalist firms do because they lack hard budget constraints, resulting in reduced overall economic welfare for society.[143] Economists of the Austrian school argue that socialist systems based on economic planning are unfeasible because they lack the information to perform economic calculation in the first place, due to a lack of price signals and a free price system, which they argue are required for rational economic calculation.

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[NAGGERNUTZ]

Great video. In cartoon form so even liberals can understand it.

[seanmj63376]

Imagin if there were cartoons like that today. The only thing kids know now is how to put a condom on a cucumber or how to turn their parents in if the don't recycle.

[Johndoe2point0]

communism is one thing the fact that the durable power of the law only works for the rich is another.So who do they point their bad fingers at? each other and who get's the shit end of the stick?

[11derik]

Don't Drink Obama's Kool-Aid. This is a 9:30 cartoon but it is well worth it. Listen to Obama and his slick salesmanship. It was put in cartoon form so even Liberals can understand it.

[perdondaris]

I guess all of the people here love capitalism so much have never left the USA. There are nations have universal health care, lower costs & a higher standard of living. Bankruptcies in the good ol' capitalist USA are higher than divorce rates now. Meanwhile Steve Jobs is held up to be God for creating all of those things you can't afford because you work at Walmart and Wall Street has stolen your pension. But no, let's blame the socialist boogeyman instead of the laissez faire thieves.

[LordFhalkyn]

@kelvinz011 Can you say "Conspiracy theorist nutjob"?

[kelvinz011]

What an amount of BS this cartoon is!... TRIPLE-THINK ! It is pure Kool-aid propaghanda for new born american fascists. It never mentionned the private banks anywhere, which is the feared (hidden) government that this cartoon makes every effort not to speak about. Fake freedom! END THE FED ! or else, keep hitting 8:23 until you die.

[bjggjb]

I'll bet any present-day American teacher who showed this cartoon to his/her 6th-grade class would be canned faster than you can say "political correctness."

Frightening when you think about it...

[paintyourwall]

This is pure propaganda. It reminds me of Milton Friedman.

Perhaps free market capitalism is not the worst thing in the world, I wouldn't know, I was born in the 1900s

Nowadays non of these classifications serve any purpose (except for rhetoric). It's all a synthesis causing the common man to suffer the weaknesses of both systems (the loss of freedom a la USSR, with a complete lack of job security and a life based around materialism)

Is Michael Moore's "Capatalism" the hint of a hidden agenda?

[oakcliffhood]

A "regulated free market" ? If you're talking about gov't regulations, then that's a contradiction.

A true free market is free to regulate itself. If consumers don't like the way a company does business, they are free to take their money elsewhere.

[StoneColdBeer316]

Great cartoon, and so true now more then ever.. This country is worth fighting and taking back to what our founding fathers had in mind.

[chemtrails2012]

We're FUCKED!