What I Like About Communism
- Thread starter oldtime
- Start date
Quote from MarketMasher:
Oh I never said anything about nationalizing the Industry. Or even permanent nationalization.
But like Sweden - do it to the insolvent ones.
From the audit of the Fed included in Dudd-Funk, the ones that drew heavily from the Fed even when saying "We don't need the money" just might qualify...
Otherwise, we might end up like in Simon Johnson's article, where insolvent banks refuse to lend, or worse, take huge risks to try and become solvent again....
"But like Sweden - do it to the insolvent ones."
obviously like most posters you are not a true believer in capitalism.
Funny everyone here think communism is Soviet Union, what about China, North Korea?
I am not sure whether communism is evil or dictatorship is evil. Looks like European countries are more communism than China nowadays.
There is no clear definition of "communism". Does communism mean extreme of socialism? No matter how much you love capitalism, you will always find some socialism in every country, simply because our human beings are social animals. We do not kill each other for fun. We like to help each other if we can.
Even in the USA, I can tell that social security, medicare, etc
Emergency rooms always got patients who can't pay the bill later. That's socialism. The government use tax payer's money to help those who can not afford it.
I am not saying that I hate or like socialism. I am just saying that not to scare to death when you hear the word of "socialism". It is in every part of our lives.
I am not sure whether communism is evil or dictatorship is evil. Looks like European countries are more communism than China nowadays.
There is no clear definition of "communism". Does communism mean extreme of socialism? No matter how much you love capitalism, you will always find some socialism in every country, simply because our human beings are social animals. We do not kill each other for fun. We like to help each other if we can.
Even in the USA, I can tell that social security, medicare, etc
Emergency rooms always got patients who can't pay the bill later. That's socialism. The government use tax payer's money to help those who can not afford it.
I am not saying that I hate or like socialism. I am just saying that not to scare to death when you hear the word of "socialism". It is in every part of our lives.