Post
Topic
Board Economics
Re: Could Bitcoin Smash Socialism in Venezuela?
by
RealMalatesta
on 28/02/2021, 17:05:17 UTC
I haven't seen any capitalism that successfully helped the poor people, they help the rich for sure but they always fail and starve and kill all their poor people, look at USA, look at UK, people starve and freeze to death there, look at Norway, they do not have that. All things you have listed about socialism are fake propaganda that could be proven otherwise very very very easily.

You're focusing on the fact that capitalism doesn't eliminate all poverty and ignoring the fact that capitalism far and away has done more to eliminate poverty than any other economic system in the history of the world. Furthermore, the Scandinavian countries you referred to have strong social safety nets that are made possible by healthy capitalist systems and high taxes.  The tax system couldn't be supported if not for the largely capitalist underpinnings of the economy.  I think the US would be better off overall under such a system, but that doesn't mean that capitalism in the US is a failure of a system.
That is what I am saying as well, we can't eliminate capitalism but we can eliminate free market unchecked capitalism, we can't have highly equalizing communist regime neither, they are all horrible. What I am trying to say is that if you can find something in between that would be great.

USA has people with 100+ billion dollars networth, and have so many rich people whereas there are people dying because they can't afford their insulin, is that acceptable? Does that make sense? That is capitalism too, and yes Sweden is capitalism too, can you see their difference? What we need is neither capitalism at the level of USA nor communism at china, we need Sweden type of regulated and highly taxed capitalism to make it work.

I personally do feel like we still have a chance to make that kind of world possible but we need non-corruptable politicians which doesn't really exist in most nations.