Tuesday, February 11, 2014 11:31:27 PM
@Essersmith Since no real socialistic countries exists. Of course, the only reason for this is that in the entire history of the world, there has never been anyone as smart as you put in charge of running everybody's lives.
Tuesday, February 11, 2014 1:30:30 PM
Again, you sound like a great person, your not dumb, and I'm not saying that socialism has no benefits or that capitalism is perfect.
But I`m saying the benefits of socialism are usually short lived (a few decades depending on the GDP and socioeconomic status)and cause bigger worse problems and the evidence is in almost every economic textbook you can pick up.
Capitalism is firmly based in science just as biology is based firmly in science. It may seem more moral to believe in socialism, it may be more moral to believe in textualist creationism. But in the long run society and individuals fare better when they apply science not their personal feelings.
Tuesday, February 11, 2014 1:30:22 PM
You mention auto dealers and banks that all got government funding and were "to big to fail" and are now being picked apart and sold overseas to more capitalistic markets. You mention a dot com bubble that predicted booming success, even when Capitalism doesn't make predictions it runs on current price controls. Capitalists will put their hand out to soak up government loans and subsidies just like now with the stimulus, anyone will pick up free money. But they will leave just before the house of cards falls, like whenever tapering is mentioned.
And banks are nowhere near what they were like in the great depression, they`ve done multiple stress tests to make sure they always have money, plus pages of other differences. I can go into it but it`s a whole other subject.