When enough is not enough

So what do we have here. Will our economy collapse?

deficit12 - when enough is not enough

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  • 2

    ah, capitalism. the bullshit and ruin of humanity.

    You misspelled either "socialism" or "communism"
    - prophethorris June 19, 2012, 8:40 pm
    I've never seen either bring any country into recession, with companies laying off workers because the company isn't getting enough money. I've seen no socialist country where banks go their own sweet way with the public's money, lose it all and have to be bailed out - by the taxpayer's money of course.capitalists gives no single shit about the people who are actually working to bring money in. socialism on the other hand, fucking well does. Socialism is the best possible form of organised society. The only reason it doesn't work is because people are greedy and like shiny coloured paper over everybody else
    - Bekenel June 20, 2012, 2:18 am
    russia suffered a great economic loss with communism
    - triclebickle June 20, 2012, 2:21 am
    How nice you understand fantasy. If that's so, how did Russia emerge from the second world war as one of the greatest superpowers in the world, and remain that way for 45 years? It was communism that did that. You might think, oh, but so many people died during Stalin's rule - that might be true - but was that really the communist aspects that did that though? There is a very simple differentiation between the autocratic aspects of any government and the economic aspects of it. Did communism as an economic tool fail the country? No. Once Russia got off its feet in the 1930s, it had never once gone into a recession and it remained the strongest economy, even when the USA went into a multitude of recessions - due to capitalism - right across the 20th century.
    - Bekenel June 20, 2012, 2:40 am
    I think that he was referring to the dissolution of the USSR.
    - drakengard85 June 20, 2012, 3:01 am
    Just because a country survives or thrives, does not mean it's people do. In the case of United States vs. Soviet Russia, one should remember to account for the Cold War. Both countries have made statements which were untrue during the Cold War.
    One should also remember that currently, The United States of America exists. Soviet Russia does not, the Russian Federation does in it's place. While one can argue that the only change is the name, the economic structure itself actually changed and should be accounted for.

    GDP Comparison:
    Russia: $01,479,819,314,058
    US: $14,586,736,313,339
    ...Clearly, Communism isn't some amazing alternative simply due to it's supposed stability.

    Personally, we don't believe any system of government or economics will ever work. We live in Capitalist America, for now we conform to it's society and economic system. If it fails and crashes horribly, then we will simply make a killing off of the Squirrel Trade.

    (That little guy is gonna be worth three whole potatoes!)
    - Dawn June 20, 2012, 3:07 am
    I'm perfectly aware that the USSR no longer exists. I'd be a fool to state that it structure hasn't changed. And since it ceased to exist, Russia's economy, having moved into a more capitalist state, has shrunk, bringing it into recession in 2008, along with many of the world's other economies, including of course, the US.
    It's fair to say it doesn't exist any more - but yes, one damn well should remember the cold war, and during that period, Russia consistently held its head above water for the length of its communist government - which, after Stalin's death, had become far more socially liberal, so try not to demonise Russia for this during the period. The USA on the other hand, as i stated, went through a series of recessions which Russia, between 1934 and 1991, had never had to deal with.
    You also might want to use the GDP statistics with a time period, because on its own, that means nothing at all.
    And i'm aware that no economic structure is watertight, but Capitalism is economically, by far the worst.
    - Bekenel June 20, 2012, 3:40 am
    The problem is that as it sits right now is that America is controlled by corporations, there is too much government agency overlap, we are needlessly spending money on our military operations overseas,we continuously deflate the dollar, and we are funding a prohibition that is harming more than helping. So if you take corporations out of government, reduce the number of government agencies, reduce out military presents around the world, stop thoughtlessly printing money, and legalize marijuana. You now have the opportunity to stimulate the working class, you have money that isn't going to redundant agencies, you aren't funding needless wars, you aren't deflating the dollar to a worthless currency, and you have just opened a new industry that can produce a wide range of products, bring in more tax revenue, further lessen the amount of funding going to certain agencies, and supplying much needed employment.
    Sure the recession is a deep hole to dig out of, but if you take steps to lessen the amount of money being hemorrhaged you can start filling in the hole little by little. I was never saying communism was a bad system it is in fact a utopian system but it can't be truly achieved because we are our own impeding factor.
    - triclebickle June 20, 2012, 3:42 am
    Hey guys.... I was just making a joke
    - prophethorris June 20, 2012, 9:15 am
    communism and socialism will never work. in every great social experiment every nation or state which started out "communist" or "socialist" eventually progressed towards a more capitalist and democratic society or perished. china today is simply nominally socialist- they support capitalism and there is a simple reason for this: its quite economical. people do things that they find the maximum benefit- this is the fundamental theory of economics no matter how stupid (Keynesian) or sound (liberal) your theory may be. people do not want to be controlled. they do not want to be told what to do. they want to be able to make choices. This will lead to other problems but none are actually economical. if you want clarification, see Professor Renata Salecl's lecture on "Choice" in a democratic and free society.

    Eventually- any controlling entity will be the cause of its own internal demise.

    and now lets go to this argument of your claim that the USSR was a "super power". NOT AT ALL. Their economy was in the gutter, its people were malnourished, its political system in shambles, and one man was in charge of keeping the system together. those are not qualities of a super power. Now, a super power is DIFFERENT from a global military hegemon. USSR had a hegemony on the arms race- indeed, it beat the US in the early 1950's and 60's but as politics and economics become more and more of a problem, its military might wayned and it eventually collapsed like, in Eddie Izzard's words- "a flan in a cupboard". The USSR wasn't a super power- just a military war machine on the brink of collapse.
    - Mizuno June 20, 2012, 12:13 pm
    That is my argument all along. I know that the only reason proper communism cannot be achieved is because people are far too greedy, selfish and uncaring to achieve it.
    I apologise for my rough manner, however it must be pointed out that Russia was crippled before communism was instated back in 1917. The period of war, the conservatism of the peasantry, and the weak government meant that by the time the Bolsheviks took power, it would take many years to bring the country into economic stability. Yes, it was crippled initially under communism, but this was simply as a result of decades of being crippled under the tsarist system. By the late 1930s, due to the industrialisation programme, Russia was economically strong enough to survive the second world war, and after Stalin's death the situation in Russia improved as the agriculture was developed. At no point had communist Russia ever suffered a recession or economic downturn since it had stabilised
    - Bekenel June 20, 2012, 12:18 pm
    Well... You got your half a dozen chuckles. But... Was it worth it? WAS IT ALL WORTH IT?
    - drakengard85 June 20, 2012, 3:27 pm
  • 0

    Our economy may collapse if we keep heading towards socialism like Greece did. What an economically backwards country that is now in just a few short years, too.

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