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Socialism - the plague that keeps on killing. They'll keep trying it until they kill everyone. I remember when hipsters were praising Chavez's miracle. Where's

Socialism - the plague that keeps on killing. They'll keep trying it until they kill everyone. I remember when hipsters were praising Chavez's miracle. Where's Sean Penn now? Disgusting.

pkulak 10y ago
Capitalism has failed spectacularly before, and socialism is succeeding in many places right now. And beyond that, I can't think of any pure example of either that has succeeded. Somewhere in the middle is usually what ends up working the best.
- Randgalt 10y ago
  Failed at what exactly? Killing people? Various forms of Socialism are responsible for approx 100 million deaths in the 20th Century. Capitalism has brought more people out of poverty than any other system in human history. After all, Capitalist countries have to build walls to keep people out while extreme Socialist countries build walls to keep them in.
  - vixen99 10y ago
    Also worth remembering that capitalism is not an -ism dreamed up by some theorist. 'Hey, guys, I've invented capitalism!'. As Tom Sawyer understood very well when painting his aunt's garden fence, it's the intuitive natural inclination of all peoples to want to trade goods and services with others.
  - TFYS 10y ago
    One thing it has failed at is being sustainable. We'd already need multiple earths to sustain this thing. Capitalist countries have caused their share of deaths as well. Capitalism by itself fails at providing equal opportunities, you need socialism for that. Capitalism fails at a lot of things.
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- paulddraper 10y ago
  Where has capitalism failed spectacularly? I can only think of counterexamples. Though triggered by speculation, after the first few months, the Great Depression was sustained by increased tariffs and the government crowding the private market. The 2008 recession was caused by the government meddling in loans. And on the other side...communism has failure after failure: China, USSR, North Korea. Socialism too, ranging from mild (rampant unemployment in France and Spain) to severe (Greece's finances, or the reoccurring South American crises). What spectacular failures were you thinking of?
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  - abawany 10y ago
    Just asking: how would you classify the US Recession of 2008 (esp. if the taxpayer-funded bailouts had not been done), the 1929 US Depression, and the world wealth imbalance? As for Venezuela, what role do you think the oil market price collapse and the US embargo had on their economy? Also, it is unusual that you classify Greece as socialist - one almost imagines that for you, socialism is synonymous with failure.
    - altstar 10y ago
      That tax is still being paid by capitalism. It is a tax on income made, or future income going to be made (that is when a country debt fund the shortfall in tax revenue).
    - paulddraper 10y ago
      > it is unusual that you classify Greece as socialist http://www.cnbc.com/2015/07/01/greek-disaster-is-all-about-socialism.html http://www.cnbc.com/2015/07/01/greek-disaster-is-all-about-s... In fact, up until the debt crisis, the Panhellenic Socialist Movement (PASOK) was Greece's largest political party. Naturally, it has fallen out of favor since then.

Socialism - the plague that keeps on killing. They'll keep trying it until they kill everyone. I remember when hipsters were praising Chavez's miracle. Where's Sean Penn now? Disgusting.

pkulak 10y ago

Capitalism has failed spectacularly before, and socialism is succeeding in many places right now. And beyond that, I can't think of any pure example of either that has succeeded. Somewhere in the middle is usually what ends up working the best.

Randgalt 10y ago
Failed at what exactly? Killing people? Various forms of Socialism are responsible for approx 100 million deaths in the 20th Century. Capitalism has brought more people out of poverty than any other system in human history. After all, Capitalist countries have to build walls to keep people out while extreme Socialist countries build walls to keep them in.
- vixen99 10y ago
  Also worth remembering that capitalism is not an -ism dreamed up by some theorist. 'Hey, guys, I've invented capitalism!'. As Tom Sawyer understood very well when painting his aunt's garden fence, it's the intuitive natural inclination of all peoples to want to trade goods and services with others.
- TFYS 10y ago
  One thing it has failed at is being sustainable. We'd already need multiple earths to sustain this thing. Capitalist countries have caused their share of deaths as well. Capitalism by itself fails at providing equal opportunities, you need socialism for that. Capitalism fails at a lot of things.
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paulddraper 10y ago
Where has capitalism failed spectacularly? I can only think of counterexamples. Though triggered by speculation, after the first few months, the Great Depression was sustained by increased tariffs and the government crowding the private market. The 2008 recession was caused by the government meddling in loans. And on the other side...communism has failure after failure: China, USSR, North Korea. Socialism too, ranging from mild (rampant unemployment in France and Spain) to severe (Greece's finances, or the reoccurring South American crises). What spectacular failures were you thinking of?
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- abawany 10y ago
  Just asking: how would you classify the US Recession of 2008 (esp. if the taxpayer-funded bailouts had not been done), the 1929 US Depression, and the world wealth imbalance? As for Venezuela, what role do you think the oil market price collapse and the US embargo had on their economy? Also, it is unusual that you classify Greece as socialist - one almost imagines that for you, socialism is synonymous with failure.
  - altstar 10y ago
    That tax is still being paid by capitalism. It is a tax on income made, or future income going to be made (that is when a country debt fund the shortfall in tax revenue).
  - paulddraper 10y ago
    > it is unusual that you classify Greece as socialist http://www.cnbc.com/2015/07/01/greek-disaster-is-all-about-socialism.html http://www.cnbc.com/2015/07/01/greek-disaster-is-all-about-s... In fact, up until the debt crisis, the Panhellenic Socialist Movement (PASOK) was Greece's largest political party. Naturally, it has fallen out of favor since then.