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How magnanimous! Such a generous heart. The problem with socialism is, you eventually run out of other people's money.
by Radim 9y ago
How magnanimous! Such a generous heart.
The problem with socialism is, you eventually run out of other people's money.
- koolba 9y agoSwinging things back to startups, apparently that's the problem with a lot of SV business models as well. "You're losing money on every order?!" "Sure but we make it up in volume!"
- sametmax 9y agoI'm sorry, I can't hear you, the sound of the US administrations declaring bankruptcy is too loud.
- jclos 9y agoHow does the social ownership of means of production even relate to what we are talking about? Or are you referring to social policies in general? In which case there are multiple models of market-based socialism, in which social benefits (public healthcare, public education, public transport, government-subsidized housing) are used to boost individuals' purchasing power (they are healthy, they can work better jobs, they can be more flexible with where they live) and inject that money into the economy by keeping a happy, healthy and educated population.