Post
Topic
Board Economics
Re: Why Socialism is the key
by
btcbug
on 08/03/2016, 19:28:20 UTC

Please explain me how a company with no need of huge profits and no greedy shareholders taking away on average 40% of the income is not able to produce a good or service for cheaper than a private company?


Lol. I love how you're so cocksure about this. Seems somewhat logical on the surface, I do agree. Socialism is a cute idea where those greedy capitalists aren't taking everything for themselves, right? Oddly, greed still exists even if you try and outlaw it. All you're doing in Socialism is restricting or completely banning competition with the state services. If the market (millions of individuals acting for their own self interests) isn't allowed to determine the natural price levels, then you're just giving that job to people who claim they know better than those individuals (centralizing the job of economic calculation). Being a person here discussing Bitcoin and decentralization, how the fuck do you not see that markets are decentralized and socialism is centralized? Communism just happens to be the most centralized form.


And simple idea: nationalize some companies but don't create a state monopoly. Hence if private companies are so much better they'll just crush the public ones.

Have you ever heard of Cooperatives (Co-ops)? https://en.wikipedia.org/wiki/Cooperative

This would be somewhat similar to what I believe you're proposing. Great I'm all for that! Co-ops have been around for probably 100 years, I honestly don't know. The fact is though, that they are not "crushing" private companies. Co-ops seem to do well enough and I'm happy that people have the choice. That's called the free market!


But the fact is that I don't know a single company that was privatized and where the privatization was a good thing. The price never dropes, the quality of service doesn't rise but sure as hell the unemployment keep growing.


In a government run company they'll just keep propping it up with the use of tax dollars. It doesn't matter that economically speaking, it's a complete disaster. When you do that then of course you can keep your price low, but in the end you can't violate the laws of economics. People will just pay for it out of tax dollars. It's obfuscation and that's a classic strategy of Socialists, Environmentalists and the like. Quality wise you've got to be kidding if you can't understand how market competition improves quality! Look at Uber for example. Where I live we don't have Uber yet, but even the rumor that we will has been enough to get the local taxi cartels upping their game. Wow, all of a sudden they have taxi Apps. Funny how that works.