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Communism has been tried many times always with severe quality issues. But my point isn't just about communism. You have to run a different argument for mercant
by ants_everywhere 1y ago
Communism has been tried many times always with severe quality issues. But my point isn't just about communism. You have to run a different argument for mercantilism, command economies, mixed economies, barter economies, etc.
The fact that people have historically tried devaluing currency for as long as they've had currency suggests that there's a force that favors attempting to sell inferior goods without decreasing price and that this force predates the industrial revolution.
> So if you were referring to China... they are the world's foremost capitalists right now.
This is the same logic by which communists called socialists who believed in democracy "fascists". It's just an attempt to excommunicate people from the church if their interpretation is different from yours.
- monocasa 1y ago> This is the same logic by which communists called socialists who believed in democracy "fascists". It's just an attempt to excommunicate people from the church if their interpretation is different from yours. I mean, China is second only to to the US in minting new billionaires. Sure, gatekeeping and no true Scotsman are real things, but at the end of the day so are definitions. I don't see any definition of communism that allows for the private acquisition of billions of dollars of private capital.