Tax breaks for property investors, tax incentives for property developers, handing large swatches of public owned land over the mates of the politicians for virtually nothing, selling houses to foreign buyers, selling houses to global money laundering criminal.
All to pump up the value of the housing portfolios owned by the politicians.
Whenever anyone says "let the market sort it out" I cheer and say "finally, the rich will stop getting their socialist handouts".
If that is your capitalist market economics then you might need to rethink how pure it is.
There's a missing perspective on the global governance bodies, that everything is born, matures, ossifies, is outcompeted, and dies.
Alligators and cockroaches perhaps the exception, but are those models for a life well lived?
And also we can look at the cases where collectivism replaces capitalism and the catastrophic consequences that inevitably occur:
https://iea.org.uk/publications/socialism-the-failed-idea-th...
> And also we can look at the cases where collectivism replaces capitalism and the catastrophic consequences that inevitably occur:
at a glance, that book ignores the role the US played in these country's downfalls, particularly in south and central america. why is the US so afraid of a different system that they interfere with cuba and venezuela — i thought capitalism was the greatest system and could never be beat? oh that's right, it needs to kill any dissent in order to survive. do you ever consider all of the suffering that the US inflicts on other countries in the name of freedom and capitalism, to this very day, happening right this very minute?
it's true, the USSR created a lot of suffering, but looking at the chapter intros, that book doesn't seem to consider the contribution of the authoritarian governments had in the suffering. instead it blames the economic system. nor does it cover the diversity of political opinion that led to the establishment of the USSR, most of which was quickly silenced (aka executed).
imo, the USSR's problems were much like what's happening in the developed capitalist countries right now. american capitalism is a centralized economy controlled by few people with the power of the government, just like the USSR. i'm not talking about small business here, i'm talking about corporate capitalism that controls the federal government and all of the commerce, what we eat, where we get our energy, etc. very centralized. (aside, wouldn't it be amazing if the small businesses had as much power?)
and regardless of how you define the USSR's economic system (an authoritarian government can never be socialist, as socialism is a democratic system by definition), we can agree that the USSR was not capitalism, yet it's responsible for some of the technological gains of the 20th century. capitalist dogma lead us to believe that the 20th century changes were only because of capitalism, but that's simply untrue. if capitalism is responsible for all of the technological changes, then how were the soviets able to reach space first?
lastly, neoliberal propaganda from the world economic forum isn't a good source for an argument imo. and who said that socialism is the only alternative? regardless, your sources conveniently ignore countries with democratic socialism that are thriving. (queue: "tHaT'S nOt SoCiAlIsM!!!!" arguments...)
Correct! That is not capitalism and is fascism. I agree with you on this 100%.
I’m a classic liberal libertarian not an advocate of crony capitalism/aka oligarchy or fascism.
However regarding USSR. It was an absolute disaster. I have direct personal family knowledge of what occurred. You are demonstrating a new phenomenon of revisionism with USSR romanticism.
The US is currently a war machine. Fueled by corrupt politicians alliance with the MID.
i'll let u in the commune once ur libertarian island fails.
It is certainly true that USSR’s investment in basic science was probably one of its best achievements. I agree we can’t deny that.
Libertarianism is likely rising as we see a multipolar global economy develop and state power eroding along with collapsing fiat currencies worldwide. I highly doubt you’ll have a successful commune anywhere but anyway I’m confident we won’t be needing it.