The stock market crash of 1929, with the resulting Great Depression, which
in turn resulted in WWII, sort of kicks your theories regarding the
greatness of fair market Capitalism to the curb. As does the stock market
crash of 2008, with the ensuing housing crisis and a marked increase in
homelessness across the US and the world.
I also think you are confusing socialism with communism. Korea is communist
not socialist. Sweden and France have socialism. It's between communism and
capitalism. The state runs and owns major infrastructure things like
sanitation, airlines, utilities, police, transportation, infrastructure
(roads), education. While private industries can be for resources,
entertainment, advertising, clothing, etc.
In the 1970s and 80s, the US government made the colossal mistake of
deregulating various items, including the airlines, utilities, and phone
companies. As a result prices have sky-rocketed, with only larger companies
being able to make much, smaller ones cropping up and failing, and holes in
security. 9/11 probably would not have occurred if they had not
deregulated. Then they deregulated the banks and anti-trust act -- this in
turn resulted in a housing crisis, millions unemployed, and no security in
jobs. Capitalism gone insane or unhinged. And I see the results every
single day. The 2016 election in the US was a result of that.
Historically Free-market Capitalism is just as evil, in it's own way, as
Communism. Socialism, which is between the two extremes, seems kinder in
some respects. Allowing competition, but regulating it. History has proven
that human beings cannot handle complete freedom, nor complete restraint. I
propose something in between, and until you can prove me wrong, I'm not
budging from that assessment.
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branchandroot
no subject
Date: 2017-06-16 04:12 pm (UTC)The stock market crash of 1929, with the resulting Great Depression, which in turn resulted in WWII, sort of kicks your theories regarding the greatness of fair market Capitalism to the curb. As does the stock market crash of 2008, with the ensuing housing crisis and a marked increase in homelessness across the US and the world.
I also think you are confusing socialism with communism. Korea is communist not socialist. Sweden and France have socialism. It's between communism and capitalism. The state runs and owns major infrastructure things like sanitation, airlines, utilities, police, transportation, infrastructure (roads), education. While private industries can be for resources, entertainment, advertising, clothing, etc.
In the 1970s and 80s, the US government made the colossal mistake of deregulating various items, including the airlines, utilities, and phone companies. As a result prices have sky-rocketed, with only larger companies being able to make much, smaller ones cropping up and failing, and holes in security. 9/11 probably would not have occurred if they had not deregulated. Then they deregulated the banks and anti-trust act -- this in turn resulted in a housing crisis, millions unemployed, and no security in jobs. Capitalism gone insane or unhinged. And I see the results every single day. The 2016 election in the US was a result of that.
Historically Free-market Capitalism is just as evil, in it's own way, as Communism. Socialism, which is between the two extremes, seems kinder in some respects. Allowing competition, but regulating it. History has proven that human beings cannot handle complete freedom, nor complete restraint. I propose something in between, and until you can prove me wrong, I'm not budging from that assessment.