Your preferred economic system

[khaine21x3 789]

I would prefer a fascist economic due to the more efficient infrastructure and unmatched speed when it comes to turning primitive societies into a superpower as well as the low crime rates.

[FALCON PUNCH 244]

Communism will over power EVERYTHING! AND WILL CONCUR THE WORLD!!!!! South Korea and Cuba have the right idea!

 

GO COMMUNISM!!!!!1!!!11

Edited November 22, 2012 by FALCON PUNCH

[khaine21x3 789]

Communism will over power EVERYTHING! AND WILL CONCUR THE WORLD!!!!! South Korea and Cuba have the right idea!

 

GO COMMUNISM!!!!!1!!!11

 

I think you mean north coz south has a fascist economy and 1gbps internet.I might go to north korea sometime next year and they're actually moving towards a fascist economy now.

[Dusty Soul 2,611]

I like Capitalism. Even though people say its horrible, and stuff, I prefer it over others. It just seems like the best choice.

[Shanks 10,816]

Capitalism and I mean the real deal not the corrupt plutocratic corporate socialism that is often mistaken for capitalism these days. No corporate welfare, no kickbacks, no bailouts a company should either succeed or fail based on the best product/service at the best price not which company is able to manipulate the system to regulate its competition out of business.

[khaine21x3 789]

Capitalism and I mean the real deal not the corrupt plutocratic corporate socialism that is often mistaken for capitalism these days. No corporate welfare, no kickbacks, no bailouts a company should either succeed or fail based on the best product/service at the best price not which company is able to manipulate the system to regulate its competition out of business.

 

Yeap, what most americans think is capitalism today is actually a form of fascism.Rampant corruption killed capitalism as the government started subsidizing business and bailing them out with taxpayer's money which not only keep the monopolies in power but prevent new middle class from competing with them due to the high taxes.I think that it's beyond absurd to subsidize a certain box retailer which will cause all prices of goods to rise when it finally kills off all competitors with predatory pricing.

[Silverhoof 2,844]

Yeap, what most americans think is capitalism today is actually a form of fascism.

 

I don't think you really know what you are talking about.

 

Captalism means competition and prices determined by the market. --this is freedom. Production decisions are not coordinated with any outside entity, they are made by free men.

 

Fascism and communism rely on the govt making pricing and production decisions. --this is slavery. The govt is the least competent force to make such decisions. In every single communist and fascist system, the Black Market thrived, because the govt could not meet the needs of the people.

[Starswirl the Trixie 975]

I would prefer a fascist economic due to the more efficient infrastructure and unmatched speed when it comes to turning primitive societies into a superpower as well as the low crime rates.

 

What exactly characterizes fascist economics? If I remember correctly, Nazi Germany had an overall capitalist system, but with a touch of nationalism, thinking that all businesses out to benefit the nation. Not sure what it was for other countries.

[khaine21x3 789]

I don't think you really know what you are talking about.

 

Captalism means competition and prices determined by the market. --this is freedom. Production decisions are not coordinated with any outside entity, they are made by free men.

 

Fascism and communism rely on the govt making pricing and production decisions. --this is slavery. The govt is the least competent force to make such decisions. In every single communist and fascist system, the Black Market thrived, because the govt could not meet the needs of the people.

 

Exactly

 

American is not a capitalist country because prices are fixed by the state and federal government via subsidies and bailouts as well as certain laws to kill off smaller competitors.

 

The big businesses choose the candidates who will win elections with their advertising dollars who in turn give the big businesses subsidies with your tax money.The state decides which businesses wins or lose and their prices in a traditional fascist system but the businesses are the government in USA.

 

What exactly characterizes fascist economics? If I remember correctly, Nazi Germany had an overall capitalist system, but with a touch of nationalism, thinking that all businesses out to benefit the nation. Not sure what it was for other countries.

 

The goal is to ensure full employment of the citizen and higher quality of life by fixing prices via government endorsed monopolies, subidies , price control laws, anti competition laws, some government owned corporation or nationalization of resources.

Edited November 22, 2012 by khaine21x3

[Silverhoof 2,844]

Like I said, khaine. You don't know what you are talking about.

Competition determines prices, not the state or federal govt via subsidies/bailout. Or did you miss the whole Hostess bankruptcy thing?

 

Go back to school.

[khaine21x3 789]

Like I said, khaine. You don't know what you are talking about.

Competition determines prices, not the state or federal govt via subsidies/bailout. Or did you miss the whole Hostess bankruptcy thing?

 

Go back to school.

 

Agriculture subsidies, Box retailer subsidies (a certain mart you guys love to hate), auto bailouts, cash for clunk program, etc.Are you going to claim that there are no businesses that are using the government to gain unfair advantage?

 

The retailer getting state level subsidies could obviously sell goods for cheaper price than ones not getting any subsidies at all, how is that capitalist in any way when the government picks a winner?

[Silverhoof 2,844]

You mention a few govt programs. The vast majority of American business is run my private individuals. free men making their own decisions.

[Shanks 10,816]

Captalism means competition and prices determined by the market. --this is freedom. Production decisions are not coordinated with any outside entity, they are made by free men.

Yes, but there are various interventions and distortions in the market which make America slightly closer to a market economy than most countries but still not close enough to call it purely capitalist. The Federal Reserve system of printing money out of thin is perhaps the biggest distortion of all because it places value on worthless paper creating an artificial demand which only exists because the government says this paper has value. Because the FED prints too much it creates a distortion by removing any sort of check or balance on how much money is printed meaning they print too much which creates inflation.

 

This has lead to the stagflation of the 70's, the tech bubble of the 90's and the housing bubble and larger financial crisis of today. It also further distorts matter by creating a cartel like system where the big banks can loan out money they don't even have thanks to fractional reserve banking to simply things lets say you have $100 as a bank you can turn that $100 into a $10,000 by simply adding a few zeroes and loan it out at interest. And on top of that every dollar printed by the Federal Reserve is printed at interest which is charged to us the taxpayers, in other words our entire economic system is a complete and total fraud.

Edited November 22, 2012 by EarthbendingProdigy

[Silverhoof 2,844]

I don't agree that our economic system is a fraud. But it can be manipulated by the party in power.

 

Thank you for the thoughtful answer. I would rather still be on the gold standard just to avoid situations like this.

[DusK 1,264]

I voted "other" because the Keynesian idea of a mixed economy is the one proven to work best. Pure capitalist economic ideals, such as Austrian School, as well as pure socialism, are generally adverse to statistics, empirical evidence, and the scientific method as a whole. Laissez-faire ways of thought in particular are often proven false in various ways right here in our own country, the most obvious being the modern-day free market's uncanny ability to stamp on the Invisible Hand and create massive wealth inequality, despite the rhetoric from proponents of deregulation that unregulated free markets are the best way to balance out an economy.

[Dimitri Hammer 3,645]

Now, I Love communism. The only communism I like is the Marxist-Leninist ideas though.

 

I hate Stalin, I hate Cuba, I hate China and Cambodia and North Korea. I also hate the Soviet Union from the 1930's Until the 1950's because they didn't practice real communism.

 

 

The only time communism that was put to good use was in 1917-1924 thanks to Vladimir Lenin and Leon Trotsky who followed the ideas of Karl Marx and Friedrich Engels. The four men I've just listed are my personal heroes. They weren't genocidal maniacs or paranoid power hungry jerks.

 

LENIN AND LEON WERE MEN OF THE PEOPLE! They were really nice men who only wanted to improve the country for the working class.

 

I'm tired from making Thanksgiving dinner all last night, I'd have ranted longer but if you want to hear more about My ideas on the four geniuses then feel free to ask.

 

I've got my college doctorate on this time period in history

 

 

 

Edited November 22, 2012 by Comrade-Dimitri-Hammer

[khaine21x3 789]

^

 

I never quite understood the economy on lenin's era, maybe you could explain it more since you were born in the soviet union?

[Dimitri Hammer 3,645]

^

I never quite understood the economy on lenin's era, maybe you could explain it more since you were born in the soviet union?

 

Well sadly, I was born only seven years before the collapse (five if you want to get technical).

 

My grandfather was alive during that time, in fact my grandfather met and worked with Lenin. They were great friends during the revolution and after.

 

Lenin's economics would mainly benefit the working class by cutting taxes, and offering more time to pay certain bills. The rich would get a tax increase. By taxing the rich more he was allowed to put government funds in different areas of the country such as for education and medical things and agriculture which was desperately needed.

[khaine21x3 789]

Well sadly, I was born only seven years before the collapse (five if you want to get technical).

 

My grandfather was alive during that time, in fact my grandfather met and worked with Lenin. They were great friends during the revolution and after.

 

Lenin's economics would mainly benefit the working class by cutting taxes, and offering more time to pay certain bills. The rich would get a tax increase. By taxing the rich more he was allowed to put government funds in different areas of the country such as for education and medical things and agriculture which was desperately needed.

 

So he simply taxed the rich more and exempt the poor from being taxed?

 

that doesn't sound like anything marx described in the communist manifesto, I read that workers are supposed to control the production.

[Dimitri Hammer 3,645]

So he simply taxed the rich more and exempt the poor from being taxed?

that doesn't sound like anything marx described in the communist manifesto, I read that workers are supposed to control the production.

 

It's not that simple. There's a whole complicated list of things I can get into. The workers did control production.

 

I'm just extremely tired and I really don't want to go into this because I could rant about Lenin and Leon for hours....

[Dr. Vojislav Seselj 691]

I FUCKING LOVE COMMUNISM!

Tito, you were the MAN! Compared to current politicians: He stole too, but he gave us something

 

Now, I Love communism.

 

Proletarians of all countries, unite!

Пролетари свих земаља, уједините се!

Пролетарии всех стран, соединяйтесь!

[FALCON PUNCH 244]

I think you mean north coz south has a fascist economy and 1gbps internet.I might go to north korea sometime next year and they're actually moving towards a fascist economy now.

 

Yes you are right it is North Korea (got a little mixed up) but apparently going to North Korea if you are from American or South Korea it is insanely difficult to get in and you are only allowed in a very small part of the country.

 

But nah communism is not my favorite economic system but my auntie is Russian and had to live under communist power for a while so that must have been interesting!

[khaine21x3 789]

Yes you are right it is North Korea (got a little mixed up) but apparently going to North Korea if you are from American or South Korea it is insanely difficult to get in and you are only allowed in a very small part of the country.

 

But nah communism is not my favorite economic system but my auntie is Russian and had to live under communist power for a while so that must have been interesting!

 

Nah, I'm from indonesia and there is a north korean embassy down the street so it wouldn't be hard for me.I just hope that they have enough entertainment and shopping places after the reform.

[Nouth 496]

I'd say capitalism. It of course has many flaws, but at least, it has shown to be capable of reactioning to the changes of the market situation with flexibility and it motivates people to work.

The flexibility side of the problem is the main reason why I despite the left-handed central-controlled economies - the government holding the power is never capable of reacting as flexibily as the free market is, therefore possibly causing other economical problems.

Edited November 22, 2012 by Nouth

[AegisReflector 886]

My preferred system would have to be a Socialist economy. Banks here in America control a lot of crap that shouldn't belong to them and the rich treat the middle class like common cattle. At least with Socialism everybody has the same standards and equal opportunities to succeed in life. As for what type of Socialist economy, I would probably have to go with American/Red Rose Socialism, just because I don't necessarily believe some core principles in Marxism (such as the people controlling the banks, I think there needs to be some government influence with paper regulation, just make the banks not as powerful as they are now).

 

Basically, I despise the rich who just waste money on stupid crap and treat the common workers like garbage. I wish the majority of workforces would adopt a solid union plan to have workers get equal health benefits and bonuses for their valued services. But that's my dream.

 

It's not that I really despise Capitalism, it's just the American method of Capitalism is really piss poor when you look at the consumerist/greedy nature of our society and how our money can go to bigger and better things.

Edited November 22, 2012 by AegisReflector