capitalism

Out of context: Reply #936

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  • PhanLo5

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    • that's socialism. print money, increase wages, print money increase wages to create a society dependent on gov't handouts bc salary doesn't cover inflationhotroddy
    • again confusing capitalism with socialism because the concept deals with 'money'hotroddy
    • if you're going to stick to such a strict definition of capitalism, it's not socialism it's social-capitalism or oligarchykingsteven
    • countries with the highest rate of inflation (historically and currently) is STRICT socialism. I can list the countries for youhotroddy
    • The meme is not about historically socialist countries, it's about wage poverty in current western oligarchical capitalism. So all your doing is pointing outkingsteven
    • the similarities (motivated by anti-socialist agenda). To people that have more nuanced political views than the 1940skingsteven
    • My views aren’t nuanced views from a 80 years ago. My views are update to date real experiences.hotroddy
    • You increase wages you increase inflation. It’s that simple. You don’t need to be Milton Friedman to understand that.hotroddy
    • This meme doesn’t even correlate with current USA economic. For last 50 years us has enjoyed low inflation. It’s only now that we’ve seen inflation rockethotroddy
    • Close down economy and give people free money.. wtf you think is going to happenhotroddy
    • Socialist use inflation to keep people poor and dependent. Print more money = more govt programshotroddy
    • And then some idiot like AOC will suggest putting price controls on basic goods. Which cause shortages. But you don’t learn from the mistakes of others.hotroddy
    • Didn't say your views are from the 1940s, I said you have an anti socialist agenda. There's going to be 4 rises in inflation in the UK before the end of thekingsteven
    • year and it has nothing to do with the government or socialismkingsteven
    • I was actually slagging socialists if anything by saying the intended audience for your comment has views from the 40skingsteven
    • Such a feeble-minded, apologist, crony capitalist swine.utopian
    • a feeble mind is someone who argues with memeshotroddy
    • You are arguing with a memekingsteven
    • lol. what I meant to say is people who use memes as their retort. But I agree, arguing with a meme is equally stupid. i will stop this nonsensehotroddy
    • Good because you’re mostly wrong. This is a capitalist society, wages aren’t going up and inflation is. There is no socialism boogeyman you clown.monospaced
    • wages aren't going up? funny because that's Biden's big talking point.hotroddy
    • Aren’t Scandinavian countries more socialist than the USA and have a better standard of living including healthcare and education.Chimp
    • yes. they are tiny and homogenous. and everyone contributes and pays taxes. For every Scandanavian example there are 20 venezuelan examples.hotroddy
    • Does american demographics look more like Scandanavia or like Venezuela?hotroddy
    • someone should tell that senile old man that wages aren't going uphotroddy
    • I take your point on the homogeny but do you admit that more socialist countries can be better off than more capitalist countries like the US?Chimp
    • Or are Venezuela and other basket cases poor because of corruption?Chimp
    • This is an interesting video about the differences between Venezuela and Norway. https://youtu.be/7_m…Chimp
    • Perhaps large countries aren’t the best at managing the wellbeing of the majority as they are too large and diverse. Anyway, that’s my two pence.Chimp
    • Yes, a few select socialist countries do enjoy a better quality of life than capitalist.hotroddy
    • the video you sent me is not accurate. Carlos andres perez nationalized oil production in the 90's but production of oil was at it's highest back thenhotroddy
    • that's because it issued concessions to american oil companies to drill and refine venezuelan oilhotroddy
    • it was when Chavez fired/jailed petroleum engineers for striking that it all went to shit. Chavez didn't nationalize oil. It was already nationalizedhotroddy
    • But even as production went down, the price of oil went up 150%. He enjoyed revenue higher than any administration prior.hotroddy
    • The differences between Norway and Venezuela are too many to list here.hotroddy
    • Somehow "Venezuela" is always used as an example to defend crony capitalism, LOL.utopian
    • norway isn't socialistkingsteven
    • Somehow ‘Norway’ is always brought up to defend socialism. Usually by third world folks with third world mentalitieshotroddy
    • no, but it nationalized it's oil productionhotroddy
    • It seems corruption is more of the problem than how capitalist / socialist a country is.Chimp
    • Everytime capitalism does what it was designed to do and fucks everyone over, capitalists call it socialism.i_monk
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