socialism in action

Quote from vicirek:

This might not be the best example because R&D not always produces results and it takes many failures to achieve success. Some people may have issue with that. At least the money went into something other than parties, pencils, salaries and benefits for non-productive people. It may actually produce some limited returns down the road - who knows? I guess better examples are needed. Still government allocating tax money for anything is usually a failure because it is driven by many factors unrelated to sound economics.

"i guess better examples are needed."
I was not looking for the best example but for a most current example.
 
Like the rest of you, I have no fucking idea what Socialism actually is. It is, apparently, anything that the person using the word doesn't like, taking on the emotional color of words like "Nazi" and "Hitler" and all those other pejoratives so casually thrown about by political kooks in this country.

The Prime Minister of Australia,it turns out, is something called a democratic socialist. No damn idea what she believes, but I watched a video of her ripping the hide off the misogynistic leader of the opposition in the Aussie Parliament the other day and that showed me that there's at least one socialist I might actually like to meet (she's kind of cute, too).

So, perhaps someone here would like to DEFINE socialism? As far as I can tell, it has nothing whatsoever to do with lazy people being given undeserved candy. That's Halloween, not a political philosophy.

Why don't you do some research? Turn off Fox News and head to the library to find out what Socialism ACTUALLY IS. and then tell us (in a factual, honest way) what you have learned. So many reasonably happy and well-educated countries are prospering under socialist governments that I suspect there is a chance that socialism isn't the crazy philosophy you seem to believe it is. But I'm ready to hear it explained.
 
Quote from FourBrane:

[
Why don't you do some research? Turn off Fox News and head to the library to find out what Socialism ACTUALLY IS. and then tell us (in a factual, honest way) what you have learned. So many reasonably happy and well-educated countries are prospering under socialist governments that I suspect there is a chance that socialism isn't the crazy philosophy you seem to believe it is. But I'm ready to hear it explained. [/B]

lol. you are asking too much from the "elites" around here. dont you know? god designed unregulated capitalism just for america so it has to be the only answer.
 
Quote from zdreg:

basic premise is that the government is smarter than the free market
place. you, john q public, are too stupid to spend your own money.
spend, spend spend till the currency and country is bankrupt while protecting your friends and the well connected.

this thread is dedicated to showing examples of government waste of your money.

a123 goes bankrupt
http://autos.yahoo.com/blogs/motora...-won-249-million-federal-grant-143806554.html

kudos to max e. pad for mentioning it 7 months ago.
http://www.elitetrader.com/vb/showthread.php?s=&postid=3469696&highlight=a123#post3469696

This is a good one.

http://www.dailymail.co.uk/news/art...ect-failure-Labours-12bn-scheme-scrapped.html
 

You point us to the Daily Mail? :D
My dear sir, anything Labour does will be reported there with the same dignity and accuracy as "Alien Abduction" or "My Husband Has Three Tits."

The NHS computer project is discussed more factually in a Wikipedia article. It is not an example of "socialism," but is, instead, a classic example of "bad management." Managers always think putting a big computer system in place is easy.

In one of my incarnations, I do programming. This kind of crashing failure of a big DP project is actually quite common. As an investor, in fact, any time you read that your favorite company is about to redesign their data processing system, I suggest you SELL and go SHORT. You've got at least a 70% chance that the company will be floundering for the next two years.
 
Quote from FourBrane:

Like the rest of you, I have no fucking idea what Socialism actually is. It is, apparently, anything that the person using the word doesn't like, taking on the emotional color of words like "Nazi" and "Hitler" and all those other pejoratives so casually thrown about by political kooks in this country.

The Prime Minister of Australia,it turns out, is something called a democratic socialist. No damn idea what she believes, but I watched a video of her ripping the hide off the misogynistic leader of the opposition in the Aussie Parliament the other day and that showed me that there's at least one socialist I might actually like to meet (she's kind of cute, too).

So, perhaps someone here would like to DEFINE socialism? As far as I can tell, it has nothing whatsoever to do with lazy people being given undeserved candy. That's Halloween, not a political philosophy.

Why don't you do some research? Turn off Fox News and head to the library to find out what Socialism ACTUALLY IS. and then tell us (in a factual, honest way) what you have learned. So many reasonably happy and well-educated countries are prospering under socialist governments that I suspect there is a chance that socialism isn't the crazy philosophy you seem to believe it is. But I'm ready to hear it explained.

You didn't need four paragraphs to flaunt your ignorance. Go research it yourself. And no nation will "proper" in the long-term. It's the nature of the system to go Greece or California eventually.
 
Quote from MKTrader:

You didn't need four paragraphs to flaunt your ignorance.

Yes I do. I have a lot of it. I don't do the research myself because we are in perfect agreement. Neither of us actually gives a damn what Socialism is. We just like to complain.
 
Quote from FourBrane:


So, perhaps someone here would like to DEFINE socialism?

Turn off Fox News and head to the library to find out what Socialism ACTUALLY IS. and then tell us (in a factual, honest way) what you have learned.

definition in short:

"From everyone according to their ability and for everyone according to their needs"

I do not need to go to library. I lived in former eastern block.

I have learned that it does not work.
 
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