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By that measure then neither is socialism due to the massive harm it has caused throughout history. So I guess we have no tools. I hate how people push central

• imtringued 4y ago
  >So I guess we have no tools. What kind of nonsense is that? We already have the tools, land value taxes and negative interest rates aka demurrage money. The solutions are trivial, and that is exactly why curing the symptoms can be nothing but complex. Demurrage money results in the neutrality of money and thereby activates a lot of economic theories that free market advocates take for granted when there is endless evidence that they don't work in a permanent money aka non neutral money system. Full employment is the default in a market economy, there is no such thing as a business cycle. It is only once you add non neutral money with the artificial zero lower bound that you get monetary cycles. If money is neutral, then debts won't have to grow eternally and there is no need to erode them with inflation.
• FireInsight 4y ago
  > I hate how people push centralized government and economies... You must be one of those anarcho-communists.