Richdude wrote on May 23
rd, 2020 at 1:16pm:
Mattyfisk wrote on May 23
rd, 2020 at 1:37am:
Richdude wrote on May 23
rd, 2020 at 12:49am:
Prime Minister for Canyons wrote on May 22
nd, 2020 at 12:08pm:
Richdude wrote on May 22
nd, 2020 at 6:49am:
Capitalism, you would agree is more efficient, free and produces greater wealth.
Socialism takes care of the needy and you feel good because of that. We can overlook the theft because you have taken care of the poor and needy.
Capitalism floats all boats - we all benefit. This is why capitalist nations are the most successful on Earth. And why Australia is doomed!
Yeah but not everyone benefits. That's why the wealth gap is so big in the US
America is far from being a capitalist nation. Far from being a free market. Those with the wealth play the tune everyone dances to. Politicians gain most of their wealth from K street. Mega corporations work hand in glove with government.
Norwegians live longer, produce more wealth, get higher wages, two months paid annual leave, free University and health care, and pay nearly exactly the same income tax. Do you know something?
I think you're right.
We'll win so much we'll get tired of winning, no?
Its the free stuff our comrade here, gets excited about. If you were a hard working talented woman - you wouldn't be a socialist. Your at the bottom of the social rung hoping that through politics you can "make it". Doesn't work - never will.
Capitalism creates real wealth for all.
Socialism robs Peter to pay Paul.
Norway will end up a poor nation when the oil and gas are finished.
If you fail to plan - you plan to fail!
There are no shortcuts comrades, just hard work that creates the good karma for the future.
BTW: You OK about stealing from others?
I'm not sure what you're saying, Rich. Norway produces
more GDP per capita than America. In capitalist terms, that's more productive.
Robbing from Peter to pay Paul? Norwegians pay 1.5% more in income taxes than Americans. In terms of wealth redistribution, that's the same as America.
In terms of getting free stuff there's no comparison. Free degrees, free health care. The one thing that economically cripples Americans is college debt and costs for their health care.
Worse, the biggest cause of bankruptcy in America is health care debts. In budget terms, one of the biggest costs is prisons. These things don't benefit an economy, they stiffle it. America pours money down the drain by incarcerating the highest number of people in the world.
And again, America is the largest oil producer - not worth much right now, I'm afraid. Oil prices are at an all-time low.
These are all things Trump campaigned on too - law and order, tougher prison terms, turning the US into an energy superpower - gun rights. Forget everything else, look at the murder rate. Gun deaths cripple an economy too. All you get out of gun rights and high murder rates are higher weapons and ammunition sales.
Two months holidays a year, can you imagine? Longer lives. And Norwegians
still produce more per capita than Americans.
Free degrees and health care aren't just free stuff - they create a healthier, smarter workforce. The results are here on display: this is in the
interest of capital. Smarter and healthier people are able to create more wealth ten months a year than less well-educated, less healthy people can in twelve months in America. As a capitalist, it's a no-brainer: invest in Norway.
Capitalists like Bill Gates, Warren Buffett and Jeff Bezos have been saying this for years in the US, but for some reason, the message gets lost on the political class - both parties.
By looking towards economic models like Norway's, Bernie Sanders was actually
promoting the interests of capital. A smarter, greener, healthier economy is
good for capitalism.
The results of a low-wage, heavy manufacturing, high emitting economic model, or Making America Great Again, are now in. The US economy is on life-suppport, and it won't be coming back for years.
This isn't
in spite of the virus. All the pandemic has done is shown how capable we are. Countries with skilled industries and labour markets who can work from home, with health care systems that can cope, with good government response systems in place - these economic systems will survive.
Those who don't have these will need to develop them or go under. It's "evolutionary blowtorch" time. Those on the "narrow road to success" have inclusive and cooperative economic models. Industrial and inflexible systems will fall by the wayside.
Norway's model is exactly the blueprint for a smart, inclusive economy. "Noble capitalists" know how to put all their people to use, allow them to feel heard and included, and this makes them happy. Sure, you might get a few cheap number plates out of the US prison system, but in the long run - over lifetimes, over populations - happier people produce more wealth.
Brian's example of Norway shows us exactly what needs to be done. The results are there in black and white.