So community ownership of the means of production, distribution and exchange. Sure doesn't sound like communism..............
Even if RBE have some similarities with socialism, why to bark?!! Would you prefer a bullet from unemployed crowd instead of changing your insane libertarian views? |
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Far from it; socialism is contrary to human nature. The free market IS human nature.
Right-wingers, be more cautious with the words about human nature! Sooner of later biohackers will definitely listen you  |
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But I'm guessing since the prizes amounts have dropped even though the price of bitcoin dropped, an extra database server may be outside your budget.
Unfortunately you are right. [UPD] Daily Bitcoins is UP now! |
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When they create wealth for themselves, they also by definition of the free market, also create wealth for everybody.
This is true for socialism! In free market benefit will only the creator of this wealth. |
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Examine this statement.
Socialists are right to nationalise everything because it solves the problem of the commons.
The problem of the commons is the problem caused by the private interests over common ownership.
This socialists solve this problem making everything in existence commonly owned.
You see how wrong this is right?
I say PRIVITISE EVERYTHING! And in doing so there are no more commons, and so there are no more tragedy of the commons, that is how it is solved.
The term "nationalization" means putting something under state ownership and control, not declaring it nobody owned. Ultimately it boils down to this: Capitalism is favored by the capable. Socialism is favored by the average and the useless. There are less capable people than there are average and useless. Capitalism can thus only exist in a world where the useless can not survive, because the moment this changes the people as a whole favor socialism. And here we are.
As technology advances more and more people will become "useless" in capitalism, even those who recently were libertarians and hated socialism! |
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Privatise EVERYTHING!
Left-wing socialists and all other anti-libertarians can say opposite - NATIONALIZE everything! And they will be right about the way to solve problem of the commons. |
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Cars for example has a 180% tax on top of whatever its base price is.
Electricity is multiple times as expensive as in neighboring countries, real estate is 4 times as expensive compared to the US, cars 4-10 times as much.
About what country are you telling about? |
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If you were libertarian then you would consider that without taxation (theft) your money would have many times the buying power and you would not consider yourself poor, even if your earning $20,000 it would buy you $200,000 worth of loot.
What!? Even if your total tax rate (which you pay personally and your employer pays) is, say, 50%, then $20K salary now will be worth just $30K without taxes. However you will have to pay for education, healthcare, roads, rescue services etc from your own pocket! |
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U.S. Labor force participation rate in August again hit its lower value!  |
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Faucet is down - 502 Bad Gateway
Seems to be temporary problem with the hosting. Sorry for inconvenience! |
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What? USSR collapsed
I meant during its existence. |
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Capitalism creates wealth. Socialism redistributes it.
To lift people's standards of living, new wealth must be created. Therefore, capitalism is required.
Absolutely FALSE for the true socialism (with planned economy)! USSR had created a lot of wealth without market economy. |
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In my opinion, the most viable option is to have an
economic system based on capitalism along with some socialistic features...
EU countries have such mix and you probably heard how crappy is the life here! Socialist countries all have sub-replacement fertility rate. The numbers are easier to acquire, just google "fertility rate <country>".
What, what?! Even North Korea and Cuba have higher fertility rate than the most "laissez faire" EU member - Germany. Having convinced yourself of the present reality, hopefully we can agree that socialism does not work in the long run. Especially since the present model, and indeed all models used so far, rely on a constant influx of new, young labor as old people leave the work force.
Absolutely true for the welfare states (so called "socialistic capitalism", "Swedish socialism"). False for the truly socialist model (with planned economy). OK, considering that that's true, what don't they just trade with another country? They don't need to deal with the USA. They could also become more productive and therefore depend less on imports.
They do trade with other countries, but mostly for simply products. A lot of hi-tech equipment built outside U.S. use licensed American technologies, so foreign companies who will sell this equipment to Cuba can face penalties from the U.S. govt. I don't know if South Koreans can easily emigrate to North Korea. But people from other countries could do that. Why don't they?
Because Korean culture is very different from the Western (US/EU). BTW, immigration to South Korea from the West is also very small. Not dealing with someone doesn't mean don't letting him prosper. It's governments, with their interventionism, that don't let people prosper. Liberty and prosperity are correlated. http://www.heritage.org/index/book/chapter-4Not for all people! |
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WW2 was a result of WW1, WW1 was a result of inbred royal family feuding.
Nope! Great Depression much likely was the reason. Hitler wouldn't have come to power if not supported by unemployed masses. Argentine GPD fell as the country moved from free market voluntary trade to socialism.
Look on the dates (when GDP fell and when Kirchner family took the power). USSR more productive and wealthy per person than the US in 1950 to 1960? Sure buddy, keep telling yourself that.
You should read my previous post more carefully. I never said this! Try to export something to Cuba. It's their government that doesn't allow imports.
No. It is U.S. blockade that prohibits both importing and exporting to Cuba. If South Koreans really preferred North Korea, they would just emigrate. On the other way, North Koreans can't easily emigrate.
Again false! South Koreans being imprisoned (by home govt of course) for visiting NK! http://edition.cnn.com/2012/07/05/world/asia/south-korea-activist-arrested/Why are socialist countries poorer then? It isn't a matter of technology, but of freedom, property rights and capital goods per capita.
Because capitalist countries (mainly U.S.) don't let them to prosper (e.g. embargoes, threads that demand to spend a lot of resources on the defense etc). |
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And all evidence points to Austrian economics being valid and socialism, communism, fascism and collectivism all leading to reduced freedom and wealth (google for how to apply reason and logic)
Many examples show that some people produce more wealth when left without the freedom! No cuba? Show 1 country that has created greater wealth and prosperity from socialism.
USSR during '50-'60. Among large developed countries only U.S. had higher standard of life then. The great depression was caused by an overexpansion of credit from the Federal Reservce by means of centrally controlled interest rates. The central control of interest rates is 1 of Marx's pillar of Communism! YOU CAN NOT HAVE FREE MARKET CAPATALISM WITH CENTRALLY PLANNED INTEREST RATES, THAT IS SOCIALISM.
I mean pure socialism (Marxism). It requires state ownership on all means of production, not only controlled interest rates. and WW1 is the fault of Capitalism? Try again.
I don't know about WWI, but WWII was definitely a result of the Great Depression. TECHNOLOGY DOESN'T WIPE OUT JOBS, IT FREES LABOUR TO BE ALOCATED TO MORE PRODUCTIVE AREAS OF THE ECONOMY.
At some point there maybe no more sector to move. I have described the problem very well in this thread: https://bitcointalk.org/index.php?topic=318001.0and data for Argentina?
google!
[img=http://www.google.co.uk/url?sa=i&source=images&cd=&docid=5aeseZvY0bcCsM&tbnid=ioR0Jb3Klx7VdM:&ved=0CAUQjBw&url=http%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2F4%2F46%2FGDP_per_capita_of_Argentina%2C_percent_of_US_(1900-2008).png&ei=7GIGVPHjF7Op7Aa6moCAAg&psig=AFQjCNEZu-z70jy4z1RZSr_1H5Q9vh9RnA&ust=1409791084478565][/img]
Argentinian to U.S. GDP rate have fallen far ago before left-wing Kirchner family took the power. |
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The standard of living in South Korea does not even compare to the standard of living to the people in North Korea, it is many times better (to say the least).
A lot of info about North Korea you see on TV and popular websites is the U.S. propaganda, don't trust it! Of course people in NK don't have some freedoms and cult of the leader is inflated, but stories about famine is total rubbish. May be in the past it was true, but now it is only propaganda! |
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Come on, haven't we suffered enough Socialism? Didn't Austrian economists already refute socialism many decades ago (Böhm Bawerk refuted the absurd labour theory of value in the XIX century! http://mises.org/daily/1680) Don't you study history? Austrian economists are bourgeoisie followers, smart people have absolutely no trust to them! Cuba was one of the richest countries of the world before communism, now it's one of the poorest.
Don't mention Cuba - it have to survive under U.S. blockade. Or look at the difference in purchasing power between North and South Korea.
South Korea have strong anti-communist censorship and don't let to talk freely about the North Korea. In fact, many people in the SK want social benefits which NK have. What about the number of people that died in Russia, China or Cambodia?
Capitalism killed much more (Great Depression, WWI, etc)! Don't forget Argentina! One of the richest countries in the world! GPD per capita of the USA!
Then...........boom! socialism!
What, what  Can you provide the data? Looking into the reduction in poverty under a freer market system in America in the 50's. It decreased year on year by 1%, capitalism reduces poverty.
There was even no integrated circuit invented in the 1950. Technologies wiping out demand for labor without creating new jobs in adequate quantities as it had been during last centuries. |
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@MadAlpha, the state which doesn't provide social services and only use force to protect rights of the rich won't last long - enough part of population will treat them as gang or terrorists and start the war!
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$400 is believed to be line of profit for miners. Most of them will stop selling coins if price will fall below this level.
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Strong private property rights are the most important thing in an economy.
Strong private property rights will lead to strong wealth inequality and collapse of the system in final. History proved this axiom many times! Look at the differences between South And North Korea and you'll see how much of a difference private property rights make in the general Wellfare of a population.
(Other historical examples: Germany and Eastern Germany. Finland and Estonia, China and... China).
Many people in Eastern Germany regret about joining Western Germany with dismantling own socialist model. South Korea has strong anti-communist censorship so nobody can tell good words about North Korea good without risking being imprisoned. Both Finland and Estonia are capitalist states (Finland is just "welfare state" with market economy). |
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