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> Name one modern real non-market socialist state that exists today that has not failed, and I'll be willing to consider your last statement. Your focus on th
by indigo945 2y ago
> Name one modern real non-market socialist state that exists today that has not failed, and I'll be willing to consider your last statement.
Your focus on the false dichotomy between state action and private action makes me want to go tongue-in-cheek and name France. Definitely a non-market socialist state.
And for the record, I do agree that everything will get progressively worse, for ideological and for material reasons. But in both cases for different reasons than you suggest. The unholy marriage of extreme concentrations of wealth and the reemergence of fascism has been blessed with many children, but the Musks, Murdochs, Kochs and Thiels of this world will have little recourse against an economic reality wrecked by climate change, the drying up of fossil fuels and the bitter demographic outlook.
- trod123 2y agoWhile Frances debt to GDP as a single country has reached above that threshold, the driver of statism is the primary currency they use, and they pooled their primary currency with the eurozone (i.e. the euro), and the aggregated country debt ratio for the Euro is still only around 88% largely because they have tied it indirectly to the USD. Still though, you see high concentration, loss of jobs, high unemployment, all classic signs often seen in socialist states right before major calamity or outright failure. I'd say though the France won't have gotten to non-market socialism until their primary underlying currency hits those milestones, but they will see the chaos much sooner when the shoe does drop.