I'm attending an Ivy League school, my dad is a banker. The investment bank my dad works for makes a lot of money buying Swedish and Icelandic securities, both of which come from socialist nations. I support UBI, nationalization of key industries, and a strong welfare state. I also support a progressive tax system and the Criminalization of bourgeois practices (such as soliciting prostitution).
When I talk to capitalists, I notice a lot of them are poor white trash. I don't think people are "trash" for being poor, but I do think they are trash for being stupid, uneducated, and racist/bigoted. If you're poor but a genuinely good person I respect you (so don't call me a hypocrite for calling people "white trash"). America is a Democracy regardless of what tinfoils say so as long as the religious backwards rural people remain majority we will remain in the theocratic police state we are, but educated people like me who want to become consultants, especially for the media, will slowly shift America left. I think this is progress because capitalist systems FAIL to properly distribute the goods created via it without a perpetual Keynesian style redistribution of wealth.
You claim to be more educated, but don't even know that Socialism necessitates workers' ownership of the MoP, which Iceland and Sweden do not have. Sorry, your bougie friends might know whatever subfield they major in, but they don't know shit about politics or economics, just like all young people. The vast majority of mutts, including you, are clueless losers when it comes to ideology. >I think this is progress because capitalist systems FAIL to properly distribute the goods created via it without a perpetual Keynesian style redistribution of wealth. So Capitalism fails except when it succeeds? Brilliant insights, my friend.
Nicholas Jackson
This basically reads like a chicom making an argument for full US withdrawal from Europe, leaving "socialist" countries alone to face the bear to the east. >if you weren't "ivy league" you'd know that education by assigned curriculum is losing it's value in the US swiftly, even in STEM
Noah Lopez
>but don't even know that Socialism necessitates workers' ownership of the MoP, which Iceland and Sweden do not have
Sweden and Iceland do have ownership control of the means of production since production is nationalized by the state there, and the state is controlled by the workers (as a democracy).
You're one of the losers im talking about, don't understand shit, uneducated, and probably make minimum wage yet whine at democrats for wanting to increase it. Learn a MICK of economics and politics before spewing shit on my thread.
>So Capitalism fails except when it succeeds? Brilliant insights, my friend. Capitalism fails until socialism fixes it, moron.
Elijah Lee
idk man i'm all for unregulated capitalism and, you know, not enslaving people under a topheavy bureaucracy which punishes people for simply prospering and making a better life for themselves. i wouldn't call myself white trash, and desu any real economist would call you and other marxists fucking stupid because your "economic" system is based on a post-scarcity society, which will never exist, even in the next century.
Luke Martin
also i forgot "t.bh" autocorrected to desu lol
Samuel Hall
>Ivy league losing value Is that why the salaries of Ivy league business students fresh out of school keeps increasing?
Ryder Bell
>I'm attending an Ivy League school, my dad is a banker. stopped reading there, Mortimer
Jackson Ramirez
> any real economist would call you and other marxists fucking stupid because your "economic" system is based on a post-scarcity society, which will never exist, even in the next century.
Funny since any real economist agrees with me. Only Ron Paul, Peter Schiff, and a few laughed-at """"economists"""" think capitalism is anything but a joke at this point.
Carter Cook
>production is nationalized by the state there, and the state is controlled by the workers (as a democracy) kek... never change memeflag
You're just straight up wrong dude. While they have large public sectors, the majority of their economies are managed privately, especially the sectors which comprise production and extraction. Any Swede/Norwegian/Icelander will hop into this thread to tell you the same. You have no clue what you're talking about. It's actually legit funny that a stupid, mentally insecure mutt like yourself gave yourself the EU meme flag yet knows nothing about Europe. >Capitalism fails until socialism fixes it, moron. Now Keynes is a Socialist? LOL I think I've proved my point to you that you need to seriously learn your shit before you go around calling people "white trash" for disagreeing.
Levi Bennett
>I'm attending an Ivy League school, my dad is a banker what share of your and your dad's income should go to the poor and why? how much of it should go to africa?
Daniel Kelly
Black people are dumber and poorer than white people, so black trash would be a more appropriate term.
And socialists tend to be uneducated and ignorant about the world.
Also globalism and multiculturalism is evil. The west belongs to white people.
David Carter
KYS commie. Even the social democrats in nordic countries renounced socialism in 1920's.
So basically you just hate lower class whites but consider virtual ethnostates to be educated? Got it
Ayden Myers
Blocked
>You're just straight up wrong dude. While they have large public sectors, the majority of their economies are managed privately, especially the sectors which comprise production and extraction. Any Swede/Norwegian/Icelander will hop into this thread to tell you the same 1. Norway has nationalized oil production
2. Sweden has many state owned companies
Therefore both those coutnries are by definition socialist but lets continue.
In these countries the government taxes industry. The definition of ownership according to Milton Friedman is when you have the rights to the proceeds of something. If the government taxes corporations, and has the right to do so, it owns the percentage of the corporation it taxes. So if corporate tax is 30%, the government effectively owns 30% of the corporation. That's why Milton Friedman said taxation is socialism by another name.
Keynes supported public works, aka public control and ownership of production, therefore a socialist.
I'm LMAOing right now because you are what happens when someone tries to educate themselves with Yas Forums memes and 2 minute you-tube videos oversimplified.
Jayden Reyes
No true Scotsman fallacy. You are "educated" yet you fail at basic logic.
Adrian Fisher
I think we should tax people until we have sufficient funds to have a strong welfare state that can re-train and re-educate unemployed people to become productive. If that's 20%, so be it, if that's 90%, so be it. I don't have an exact number but I believe he should be taxed until we can afford free education, free healthcare, environmentally friendly policies, and a strong flexible welfare state.
>And socialists tend to be uneducated and ignorant about the world.
No, we're the ones being educated by top professors
>Also globalism and multiculturalism is evil. The west belongs to white people. The economy needs a continual influx of new people to keep it growing, otherwise China will beat us in the global quest for hegemony.
Gavin Sanders
Then why is Scandinavia socialist today?
I hate lower class whites that promote bigotry and fight against their own economic interest.
Thomas Richardson
And you just committed the "fallacy fallacy". You clearly have zero understanding of basic logic.
Jaxon James
>op’s mouth is open for catching dicks and flies SAGE
Carson Turner
>Socialists are educated Waving around a degree that you bought or sucked dick for doesn't make you intelligent though. Socialist professor and "intellectual" Richard Wolff ( en.wikipedia.org/wiki/Richard_D._Wolff ) genuinely believes that not only can you physically take half of Amazon's gross estimated value of 160 billion dollars in cash, but that you can genuinely solve world hunger with it. You lot are utter retards whose entire philosophy is predicated in jealousy of other peoples' money and power. You don't even know about who is behind your own movement, you are literally useful idiots for the globalist/internationalist finance class. youtube.com/watch?v=kEVOIO4TbZs All your plans for world domination and socialist utopia were literally devised and written by the robber baron/billionaire class of the 19th century.
David Wright
King
Chase Garcia
You seem to have confused the meaning of Elite School from its original meaning of "Schools where the elite nepotists send their children before hiring them on with good salaries at their family firms" with "School that teaches what 2+2 really equals, unlike all those pleb tier state colleges"
Lucas Roberts
>1. Norway has nationalized oil production >2. Sweden has many state owned companies >only some industries are state owned, not all I sleep
Ian Sullivan
Well we are not socialist in any of these countries. There is a mixture of public-private-cooperation in services, free education etc but at the same time we have capitalism going on and a decent democracy, multi-party system. I would not call that socialism, only an idiot would
Henry Davis
>genuinely believes that not only can you physically take half of Amazon's gross estimated value of 160 billion dollars in cash, but that you can genuinely solve world hunger with it. You can actually. Amazon being worth 1 trillion just means that's the value of its future cash flow, so what you CAN do it place a 50% tax on Amazons earnings, and use that money to put an end to world hunger. If you tried liquidating Amazon right now, it would shrink in value, but you can slowly tax away that 1 trillion over time.
>You lot are utter retards whose entire philosophy is predicated in jealousy of other peoples' money and power.
Who am I jealous of? My dad owns 4 homes, one is a mansion in Sweden.
>You don't even know about who is behind your own movement, you are literally useful idiots for the globalist/internationalist finance class.
My dad is part of the internationalist financial class. He used to work for the World Bank, did research with Paul Krugman at one point, and again has 4 homes.
>All your plans for world domination and socialist utopia were literally devised and written by the robber baron/billionaire class of the 19th century.
I descend from an industrialist.
Cooper Reyes
>No, we're the ones being educated by top professors (((Top professors))) > The economy needs a continual influx of new people to keep it growing, otherwise China will beat us in the global quest for hegemony Funny how China can do that without mass migration
Isaac Sanders
What "real economist" agrees with you? Marx? He's not an economist, he's a neoplatonic cunt who envisioned a communist society which would be based on state-sponsored suppression of basic liberties and free trade, and, like i said in my previous reply, is based also on a post-scarcity society. Evolution has designed every complex organism to compete for scarce resources. We literally cannot handle unlimited resources, because in the entire history of life on Earth, it's never existed. The prevalence of scarcity is what drives every instinctive action every complex animal has. Thus, not only is Marxism economically retarded, it doesn't comply with nature itself.
That is literally the definition of socialism you moron.
Ok, and???? Not all the industries are privately owned either, so you can't say it's capitalist
Jaxson Turner
Yeah because Amazon TOTALLY doesn't have enough wealth to feed the world, which requires 500 million USD
You'll be gone soon, I reported you for trolling 5 minutes ago.
Tyler Bennett
>place a 50% tax on Amazons earnings, and use that money to put an end to world hunger. But why would I want infinite niggers
Sebastian Hughes
>7 Billion people in the world can be fed in perpetuity for 500 Million Dollars Not unless your name is Jesus Christ.
Daniel Brown
Capitalists are economically retarded because they don't understand it creates more scarcity.
Also an economist who agrees with me is John Kenneth Galbraith.
Andrew Rodriguez
China has a stable birthrate because they don't have hypergamy though.
Jackson Diaz
You're not going to be given attention anymroe, you're clearly baiting me
You wouldn't, that's why that money is better spent on a welfare state in your own country that RETRAINS workers.
Cameron Ward
So they are state capitalist No country is socialist because it is retarded Imagine cletus trying to run the finances of the steel mill Doesnt work, socialism is fake and gay
Benjamin Green
Cletus wouldn't be running the steel mill, it would be people like me and my dad who attend top ivy league schools. We would be "workers" since we also work for the firm.
Aiden Walker
Don't you mean your mom's husband?
John Lee
I want there to be a socialist state so once I own the means of production I can sell it and retire
Jacob Lewis
>working in management is the same as being a blue collar worker Just the retardation I expect from a memeflag poster
Joseph Bailey
We're a Constitutional Republic. The Constitution promises a REPUBLICAN FORM OF GOVERNMENT and Thomas Jefferson even declared when asked what have ye wrought, " A REPUBLIC, IF YOU CAN KEEP IT!"
A Democracy is Socialism you uneducated little shit for brains.
Jason Perry
That was Franklin
Ayden Parker
Socialism is the ideology of the weak and the lazy. Look at my flag, I know it first hand.
Liam Cooper
Capitalism doesn't create more scarcity. Unregulated capitalism ensures a flowing stream of resources, which means when your wife needs a cucumber to fuck herself with while thinking of Tyrone, she can be assured that its there, however, in a socialist "economy", myriad government regulations ensure that that "flowing stream" seen in capitalist societies are restricted, creating scarcity. That is why in Venezuela and other socialist nations, there is an increased risk of famine and food security is generally lower. Socialism creates scarcity.
Caleb Fisher
Rich twat that believes in socialism , I would never have guessed .
Go in, convince me the CEO is just another worker like the guy cleaning the bathrooms
Jordan Barnes
In a capitalist economy, the free market is left to fend for tiself. If there is demand for goods, there will be an incentive to produce goods This system isn't horrible but isn't ideal.
In a state-run system like China for example, the government can right away order goods to be produced that they know will be in high-demand. THis is why socialism is better.
Venezuela failed for 3 reasons.
1. Poor central planning by incompetent government officials
2. U.S intervention and sanctions
3. Low average IQ
Jackson Long
>Socialism is the ideology of the intelligent and hard-working, that's why we're the elite. Yeah, take a good long look at my country then, socialist stronghold for 40 years that, since our dictatorship, we went from being the world's 8th biggest global power, to being the goddamn Mexico of Europe, and currently we are the second one with most infected and dead from coronavirus because our stupid socialist president insisted on NOT taking any measures against corona until the March 8th feminist protests took place.
Things are going so bad that this might actually kill socialism in my country.
Lucas Smith
They both fall under the definition "worker" since they both work for the company they are employed by.
Jace Harris
Nordic countries are arguably more capitalist than mother fucking 'murrica with lower barriers of entry for becoming business owner.
There is no such thing as free education, we have tax payer paid education.
Benjamin Turner
That's because he makes so many predictions, people who are brave enough to make educated guesses are often wrong.
Kevin Richardson
China had one child policy that has created serious demographic issues for them.
Nathan Thompson
I attend -the- Ivy League school and we think that you socialists are nigrified peasants. During the quarantine, my choice was whether to remain in Boston or have my pick one of my family's summer houses. Please do not show up to a battle of class warfare unarmed.
Adam Adams
The reason why Southern Europe is in a mess is because of a low average IQ due to Moorish admixture. Fascism was needed to keep Southern Europe strong since the Arab blood makes your people naturally low IQ and violent (these are generalizations im not saying it applies to everyone). Arabs need a dictatorship or they will fall apart into corruption and decay and that's exactly what happened with all of Southern Europe.
>Nordic countries are arguably more capitalist than mother fucking 'murrica with lower barriers of entry for becoming business owner.
U.S is socialist too, look at the FED printing trillions of dollars and the federal government buying up equities.
Jaxon Rivera
Yeah i know, but they got rid of that and are doing better.
Levi Moore
I didn't think Ivy League schools accepted white trash peasants like you.
Liam Diaz
>The reason why Southern Europe is in a mess is because of a low average IQ due to Moorish admixture You do know the muslims didn't move from the south, right? The invasion was mostly cultural, not literal.
Not like it matters that we kicked them out, since it's leftists like socialists who insist on filling countries with shitskins.
>Fascism was needed to keep Fascism is needed to keep everyone under control, the only country that's actually far right in Europe is hungary, none of the others have (yet) gone that way, which means that yes, it's needed for everyone because civilians are too easy to manipulate.
Jack Parker
>theocratic police state i wish, comrade. i wish.
Nathaniel Hernandez
>In a state-run system like China for example, the government can right away order goods to be produced that they know will be in high-demand. THis is why socialism is better.
Have you seen the majority of shit made in China? It's cheap and poorly-made. When the government essentially forces out competition, that creates corporatism. Corporatism leads to big corporations (with good relations to the State) being the only ones manufacturing a certain product, and without competition, these businesses can make these products as shitty as possible while charging high prices for it. In a truly capitalist society, corporatism is unheard of, and competition drives the economy forward, leading to higher quality and lower prices for the consumers.
>Not like it matters that we kicked them out, since it's leftists like socialists who insist on filling countries with shitskins.
We only do that to get a better control of those countries! We don't actually believe it will enrich the country.
Jack Lee
Oh wow, a webm from a movie, I guess I should relearn everything about my own country.
>We only do that to get a better control of those countries! You know what helps with control and doesn't requiere you to pull in any terrorists? Fascism.
Aaron Hughes
In true capitalism what really happens is oligarchies that take control of the market just by sheer force of capital alone.
China is kind of proof the free market doesn't demand high quality, because while China is communist, the demand for their product on the world market comes from capitalist consumers.
Parker Kelly
>Oh wow, a webm from a movie, I guess I should relearn everything about my own country.
Yeah because the fact that it's in a movie TOTALLY MEANS ITS NOT TRUE
>You know what helps with control and doesn't requiere you to pull in any terrorists? Fascism.
Not really, my people usually get thrown out of power in fascist countries.
Jack Russell
>memeflag Ok
Levi Reed
>my people usually get thrown out of power in fascist countries Because you don't know shit about handling countries, controlling them or taking care of them.
Christian Watson
China is proof any administration succeeds under ethnic-nationalism.
Ryder Hill
Nobody normal want to end the world hunger
Benjamin King
>So Capitalism fails except when it succeeds? Where capitalism falls short, socialism picks up. Checks and balances.
Elijah Ramirez
>Reminder that state funded schools produce socialists Big think
Capitalism is trash too, though. Luckily, both would be removed from the ethnostate.
Caleb Butler
>my people usually get thrown out of power in fascist countries That’s right Schlomo
Bentley Davis
>In true capitalism what really happens is oligarchies that take control of the market just by sheer force of capital alone.
Like I said, if the barriers to owning a business were removed entirely, then small businesses could force the big business into competing over the price of insulin, for example. If you're implying that if we switched to a free market system tonight then we'd have a single monopolised business tomorrow, you're wrong. The government provides nearly $175 billion in corporate subsidies, many to some of these monopolies that socialists worry about. Without these subsidies, some of these monopolies would fall flat on their face.
Benjamin Baker
Imagine being this dumb. Sad!
Joseph Garcia
reminder that the abolition of educators is a central right wing goal
Roosevelt and his administration were all leftists.
Nathan Lee
We work 14 hours a day in investment banks, we are the opposite of lazy
Jace Nelson
Socialism never "picks up" capitalism you fucking moron, it actively tried to destroy it state always create economical crisis by using their central banks to print more money to lower interest rates, which in turn incentivizes the survival of shitty companies, which then break after the state inevitable has to raise interest again (otherwise inflation), which causes a crisis
Isaiah Cooper
>strong welfare state >the definition of socialism is nationalizing everything >confusing national socialism with the general concept of socialism >not knowing there are more types of socialism than fascism under germany's style, USSR's style, China's style, etc. >"running" the steel mill >sitting on your ass while people who actually know how shit works maintain the archaic and irreplaceable systems and equipment >totally not acting like a capitalist pig while doing so >its only capitalism that lets oligarchies and corruption take control >ignoring the history of corruption in the soviet union src-h.slav.hokudai.ac.jp/sympo/03september/pdf/M_Suhara.pdf >ignoring how people who were rich and educated bourgeois like yourself played the system and gained large amounts of personal wealth anyways like capitalist pigs >ignoring the horrific fuckfest that fucks its people over daily that is china's socialism
You make me laugh with your childish view of the world.
>In a state-run system like China for example, the government can right away order goods to be produced that they know will be in high-demand. THis is why socialism is better.
user, I don't study in "Ivy Leage"-tier uni, but even I can tell you for sure, that modern-day China is no more "socialist", than say US. The Chinese just have a tendency to be more authoritarian, enabling them to respond in a more centralized manner.
>Venezuela failed for 3 reasons. >1. Poor central planning by incompetent government officials Not an excuse, as virtually all left states had same problems. >2. U.S intervention and sanctions What about Cuba? >3. Low average IQ Not an excuse, as all socialist/communist states fail miserably, or have to turn back to market economy
Levi Allen
Sure, leftists compared to Hitler. It's not like the only reason the Soviet Union didn't get wiped out is simply because the US couldn't fabricate the amount of nukes MacArthur wanted. en.wikipedia.org/wiki/Operation_Unthinkable
>I work very hard sitting on my ass using a phone, keyboard, and mouse for 14 hours! >Very fucking hard I tell you! >Managing excel spreadsheets and applying algorithms to predict what to invest in is such agonizing labor!
Jordan Cooper
Reminder that I'm getting $70 an hour to post here. I am so stupid.
Adrian Ramirez
SOCIALISTS ARE BRAINWASHED PEOPLE, WHO AREN'T BRAVE ENOUGH TO GO AGAINST THEIR SOCIAL CIRCLES HERD MENTALITY. ALSO THEY LACK REAL LIFE EXPERIENCE. THEY ARE IDEALISTS. THEY ARE VIRTUE SIGNALING HYPOCRITES. NO WONDER MOST OF THEM ARE YOUNG PEOPLE.
Adrian Diaz
>Ivy League school It only counts if it's Harvard or Yale.
Justin Long
>The government provides nearly $175 billion in corporate subsidies, many to some of these monopolies that socialists worry about. Without these subsidies, some of these monopolies would fall flat on their face.
it's the capitalist's line of reasoning to prop up the big businesses because they provide jobs and growth, though if they were allowed to bankrupt the workers would inherit MORE not less.
Oliver Kelly
Managing excel worksheets and international finance is 10x more work than sitting in a steel mill pulling a lever back and forth like a zombie.
That was the most retarded shit I ever read
They were leftists in general, they wanted a federally controlled economy
>user, I don't study in "Ivy Leage"-tier uni, but even I can tell you for sure, that modern-day China is no more "socialist", than say US. The Chinese just have a tendency to be more authoritarian, enabling them to respond in a more centralized manner.
China has a communist economy, the government owns all the land and corporations.
>Not an excuse, as virtually all left states had same problems. When the U.S was socialist it didn't have that issue, same with modern day scandinavia
>What about Cuba? Cuba is a failed shithole too
>Not an excuse, as all socialist/communist states fail miserably, or have to turn back to market economy Scandinavia, U.S in the 1940s, China, etc. All socialist/communist, none of them failed.
Jason Brooks
>In true capitalism what really happens is oligarchies that take control of the market just by sheer force of capital alone This is the opposite of what happens you dishonest piece of shit, in "true capitalism", as in free market, monopolies are impossible except in very limited cases. It's verifiable history that there have been cases of capitalists trying to create a monopoly FOR DECADES in a free market, and still failing every time, an example would be Rockfeller's standard oil, he never managed to control the market because competitors would always appear after he bought them off, as result he had to lower prices, create innovation, and benefit the costumers tremendously Oligarchies ONLY exist because of the STATE, it creates laws, regulations and taxes that inhibit freedom of competition and innovation (an obvious example would be intelectual property and the drug industry)
Ian Phillips
OR ARE STUPID ENOUGH TO GO AGAINST THEIR SOCIAL HERD MENTALITY