Quote from: TECSHARE on November 25, 2018, 11:01:02 PM

Quote from: coins4commies on November 25, 2018, 04:40:14 PM

This has already happened. I already gave you empirical data on the success of Marcora law in Emelia-Romagna. Yes it stimulated the economy. Yes people became happier. Yes that region with 30% GDP coming from worker cooperatives is more resilient during economic crashes that affect the rest of the country. No they did not collapse into inevitable dictatorship.

It should be simple to grasp
1.government spends money
2. businesses are created with that money (buying goods and services from other business)
3. business hire workers who produce goods and services (economic activity)
4. workers are paid, taxes are paid, and those workers go and consume more from the economy

"This has already happened." This what? I already responded to your single go to "Marcora laws". This is not empirical data that Socialism will stimulate the economy. First of all because the country is not Socialist. Second, even if it was, Socialism can coast on the fruits of the previous Capitalist system for some time until it fails.

This is the lie Socialists are best at selling. This is why I said Socialists are like an 18 year old with a credit card. Sure you can live off of a credit card and not produce as much as you consume for a little while, but eventually the debt comes due and your lie collapses.

It should be simple to grasp

1. Government has to take that money from workers by force
2. Businesses are already created with that money
3. Economic activity is already stimulated because we are operating under Capitalism
4. Workers are already paid and consume more from the economy

So when give examples of socialism working, you use the same "not a true scotsman" fallacy you accuse socialists of using to disregard negative examples of socialism. Could it be that there is a lot of nuance on the spectrum between all out socialism and all out capitalism?

1. Nope we've been through this. Governments with sovereign currency already have that currency.
2,3. The economy is not running at full steam. There are massive amounts of unemployed and underemployed persons who could be producing more goods and services. We have idle resources that aren't benefiting anyone.

Quote

The usual goals of monetary policy are to achieve or maintain full employment, to achieve or maintain a high rate of economic growth

I think this link may help you with monetary policy. I admit I am not explaining it well enough on here.
https://www.investopedia.com/ask/answers/111414/how-can-inflation-be-good-economy.asp

4. If the working class earned their fair share, you would have more of the money going to more people and get more spending out of that portion of the population who still have a lot left to buy.