I think it time we move past this counter productive rhetoric that capitalism good, socialism bad. There is much to celebrate from both. We have inherited the thinking from the American Greed Machine……..when in fact many of the worlds great democracies have socialism at its core belief system. I think it entirely possible to have a democratic socialist government with a solid economic base. Take a look around the world. Raise your sights away from America, who seems to still suffer from the misnomer that their form of democracy and economics is the only model for the world. Merciful Lord…………shine your light.
I am not too concerned either way. However, the main problem in the macroeconomics of the world seems to be the complete misapplication of Keynesian economic theory by just about every country, and the debasement of money by inflation of the money supply by central banks and, in the U.S., the Federal Reserve. The U.S. is really no more guilty of this free printing of fiat money than most, and regardless of the U.S. right wing, which essentialy wants more of a return to the principles of individual liberty established in 1776 and by the U.S. Constitution, there are abundant socialist policies imposed in the U.S. too.
Disregarding monetarism and other theories that do not have much influence, the other main economic view, namely the Austrian school, which no one really adheres to except, to some limited degree, Switzerland, is too libertarian for many people to accept. So, yes there has to be some sort of balance in my opinion. I just don’t think anyone can do that now before there is a major recession, or worse, that will force a major correction in which social democracies will suffer as much as any other.
The most democratic institution ever created was the free market, and that’s why libtards hate it: people won’t be lorded over by a self-styled elite and will make their own decisions.
I think it time we move past this counter productive rhetoric that capitalism good, socialism bad. There is much to celebrate from both. We have inherited the thinking from the American Greed Machine……..when in fact many of the worlds great democracies have socialism at its core belief system. I think it entirely possible to have a democratic socialist government with a solid economic base. Take a look around the world. Raise your sights away from America, who seems to still suffer from the misnomer that their form of democracy and economics is the only model for the world. Merciful Lord…………shine your light.
I am not too concerned either way. However, the main problem in the macroeconomics of the world seems to be the complete misapplication of Keynesian economic theory by just about every country, and the debasement of money by inflation of the money supply by central banks and, in the U.S., the Federal Reserve. The U.S. is really no more guilty of this free printing of fiat money than most, and regardless of the U.S. right wing, which essentialy wants more of a return to the principles of individual liberty established in 1776 and by the U.S. Constitution, there are abundant socialist policies imposed in the U.S. too.
Disregarding monetarism and other theories that do not have much influence, the other main economic view, namely the Austrian school, which no one really adheres to except, to some limited degree, Switzerland, is too libertarian for many people to accept. So, yes there has to be some sort of balance in my opinion. I just don’t think anyone can do that now before there is a major recession, or worse, that will force a major correction in which social democracies will suffer as much as any other.
The most democratic institution ever created was the free market, and that’s why libtards hate it: people won’t be lorded over by a self-styled elite and will make their own decisions.