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Communists have been saying neoliberalism(nonsense term, which serves as an insult)/capitalism is going to fall, but it ain't happening. It's stronger than ever

Communists have been saying neoliberalism(nonsense term, which serves as an insult)/capitalism is going to fall, but it ain't happening. It's stronger than ever. They're like Christians expecting rapture.

djsumdog 10y ago
Are you serious? Capitalism has been failing most of this planet! You just don't think it's failing because you live in a mid-to-high income nation. One day those nations will run out of others to have war with and steal from. The earth has a lot of resources, but it's finite. This will all end one day.
- vixen99 10y ago
  You need to check your facts. 'World poverty is shrinking rapidly, new index reveals'. http://www.theguardian.com/society/2013/mar/17/aid-trade-reduce-acute-poverty http://www.theguardian.com/society/2013/mar/17/aid-trade-red... 'Some of the poorest people in the world are becoming significantly less poor, according to a groundbreaking academic study which has taken a new approach to measuring deprivation. The report, by Oxford University's poverty and human development initiative, predicts that countries among the most impoverished in the world could see acute poverty eradicated within 20 years if they continue at present rates.' Why is this happening? Because our world has enabled people to trade with each other; that's another term for capitalism. As Tim Worsfall has put it: 'Choice, consumers, consumption, these are not things to be disdained from the comfort of an Islington eyrie, they are the entire damn point of having a society or an economy in the first place.' The basic problem with your view: Today one can literally go from kindergarten to becoming a graduate student seeking a Ph.D., without ever hearing a vision of the world that conflicts with the vision of the left.
- generj 10y ago
  That is so very far removed from the historical reality. Look up a chart of Global real GDP/capita over time. You may suspect that all this wealth goes to the wealthy (unlikely even from a historical perspective, look at all the servants Bill Gates doesn't have that even a slightly well-off English family would have). If you think this, you can lookup a chart of GDP/capita growth per country across the world. Failing this, there are charts with real GDP growth split across income levels (though not for all countries). Failures in capitalism are usually a failure in governance. It's no surprise at all that countries with repressive or unstable regimes have the worst economies. Many countries which were once poor are now rich - even over the lifespan of people still living. The Asian tigers went from terrible conditions to skyscrapers in less than 30-40 years. People's grandchildren could expect to make 7 to 8 times as much as their grandparents. Every country is better off today than it was in the 1500s, 1600s, 1700s, 1800s, and the start of the 1900s. Wars are less frequent for almost the entire globe. You have a failed understanding of economics. We don't compete/steal from others when our quality of living goes up. Instead, we raise the quality of living of others. Look at China: when they started making our consumer goods, many people's quality of living went from mud huts to apartment high-rises with Starbucks downstairs. And we didn't really lose out - on average, we found new types of jobs, mostly service jobs, which it turns out we can do more productively than we could produce consumer goods. Look, the Earth has many more resources than we are currently using. We could produce food for the world with only a tiny fraction of the world's irrigated land. If we run low on a particular resource, we will pivot past that rarity with engineering, both social and physical. Malthusian predictions have thus far all failed spectacularly. In fact, the more population we have, the more specialized we can be, and the better off we are. It's not theory - it's what history has shown us, over and over again, across the world.

djsumdog 10y ago

Are you serious? Capitalism has been failing most of this planet! You just don't think it's failing because you live in a mid-to-high income nation. One day those nations will run out of others to have war with and steal from. The earth has a lot of resources, but it's finite. This will all end one day.

vixen99 10y ago
You need to check your facts. 'World poverty is shrinking rapidly, new index reveals'. http://www.theguardian.com/society/2013/mar/17/aid-trade-reduce-acute-poverty http://www.theguardian.com/society/2013/mar/17/aid-trade-red... 'Some of the poorest people in the world are becoming significantly less poor, according to a groundbreaking academic study which has taken a new approach to measuring deprivation. The report, by Oxford University's poverty and human development initiative, predicts that countries among the most impoverished in the world could see acute poverty eradicated within 20 years if they continue at present rates.' Why is this happening? Because our world has enabled people to trade with each other; that's another term for capitalism. As Tim Worsfall has put it: 'Choice, consumers, consumption, these are not things to be disdained from the comfort of an Islington eyrie, they are the entire damn point of having a society or an economy in the first place.' The basic problem with your view: Today one can literally go from kindergarten to becoming a graduate student seeking a Ph.D., without ever hearing a vision of the world that conflicts with the vision of the left.
generj 10y ago
That is so very far removed from the historical reality. Look up a chart of Global real GDP/capita over time. You may suspect that all this wealth goes to the wealthy (unlikely even from a historical perspective, look at all the servants Bill Gates doesn't have that even a slightly well-off English family would have). If you think this, you can lookup a chart of GDP/capita growth per country across the world. Failing this, there are charts with real GDP growth split across income levels (though not for all countries). Failures in capitalism are usually a failure in governance. It's no surprise at all that countries with repressive or unstable regimes have the worst economies. Many countries which were once poor are now rich - even over the lifespan of people still living. The Asian tigers went from terrible conditions to skyscrapers in less than 30-40 years. People's grandchildren could expect to make 7 to 8 times as much as their grandparents. Every country is better off today than it was in the 1500s, 1600s, 1700s, 1800s, and the start of the 1900s. Wars are less frequent for almost the entire globe. You have a failed understanding of economics. We don't compete/steal from others when our quality of living goes up. Instead, we raise the quality of living of others. Look at China: when they started making our consumer goods, many people's quality of living went from mud huts to apartment high-rises with Starbucks downstairs. And we didn't really lose out - on average, we found new types of jobs, mostly service jobs, which it turns out we can do more productively than we could produce consumer goods. Look, the Earth has many more resources than we are currently using. We could produce food for the world with only a tiny fraction of the world's irrigated land. If we run low on a particular resource, we will pivot past that rarity with engineering, both social and physical. Malthusian predictions have thus far all failed spectacularly. In fact, the more population we have, the more specialized we can be, and the better off we are. It's not theory - it's what history has shown us, over and over again, across the world.