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Theoretical socialism

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  • 2001400ex2001400ex Member Posts: 29,457

    Elizabeth Warren has some good ideas

    https://www.investors.com/politics/editorials/elizabeth-warren-accountable-capitalism-act/
    Again, relate those policies to the downfall of Venezuela.
  • MikeDamoneMikeDamone Member Posts: 37,781
    edited December 2018
    2001400ex said:

    Again, relate those policies to the downfall of Venezuela.
    I never said they did. I said she has some good ideas that might really keep us out of a Venezuela type situation. I mean giving government more power over corporations would never lead to anything remotely like Venezuela. There is really no comparison in the way, over years, Venezuela slowly and methodically put greater control over private enterprise. Her proposal would never lead to that. I don’t know what your yapping about. She’s onto some things that will really accelerate wealth creation.
  • 2001400ex2001400ex Member Posts: 29,457

    I never said they did. I said she has some good ideas that might really keep us out of a Venezuela type situation. I mean giving government more power over corporations would never lead to anything remotely like Venezuela. There is really no comparison in the way, over years, Venezuela slowly and methodically put greater control over private enterprise. Her proposal would never lead to that. I don’t know what your yapping about. She’s onto some things that will really accelerate wealth creation.
    I know you are being sarcastic. But you are still full of shit.
  • SFGbobSFGbob Member Posts: 33,181

    you might want to research Bahrain's and Qatar's oil production. It isn't much.

    Kuwait is also much more diversified than you think.
    Yes they are diversified now, they weren’t always so. There was nothing stopping Venezuela from diversifying their economy.

    The fact that Venezuela got so much of their income from oil doesn’t explain why they are a shithole today.
  • SFGbobSFGbob Member Posts: 33,181
    2001400ex said:

    So you don't want to address the point. Got it.
    I believe I did. The fact you’re trying to decouple their spending from their socialist policies just further exposes you for the dishonest dumbfuck you are.
  • 2001400ex2001400ex Member Posts: 29,457
    SFGbob said:

    Yes they are diversified now, they weren’t always so. There was nothing stopping Venezuela from diversifying their economy.

    The fact that Venezuela got so much of their income from oil doesn’t explain why they are a shithole today.
    Exactly. Just like saying socialism is the reason they are a shit hole.
  • SledogSledog Member Posts: 35,888 Standard Supporter
    2001400ex said:

    Why did I know you'd go to Medicare. STFU and stay on task. Yes I misspoke on Medicare and it is what it is. There is still a trust fund for part A, so what I said was partially correct, but I forgot about part D which was unfunded.

    That being said, I educated myself and understand thar issue. You still don't have a clue on Venezuela. You just hear what your news source says, think it applies to America, and rail on about it without actually educating yourself.

    The core issue with Venezuela was spending more than they take in and not having and further credit when oil fell and spending didn't. Then it started the cycle. Then you try to apply free college and medical and compare it to Venezuela. Here's a new flash for you, we have a deficit spending problem in America too. Another shocker, the people you voted for and suck their balls increased the deficit the last two years in a period with an economic expansion, when the deficit should be shrinking. That's what you should be railing on, not comparing us to Venezuela when you have no fucking clue what you are talking about.
    Oil failed because Venezuela being socialist seized the oil industry. They didn't know how to run it. Why would the people that do stay? This happens in every socialist takeover. History much?
  • greenbloodgreenblood Member Posts: 14,553
    edited December 2018
    SFGbob said:

    Yes they are diversified now, they weren’t always so. There was nothing stopping Venezuela from diversifying their economy.

    The fact that Venezuela got so much of their income from oil doesn’t explain why they are a shithole today.
    You used to make $15,000/month and had $10,000/month in essential expenses. Now you make $5,000/month but have $12,000/month in essential expenses. That's what's going on in Venezuela. Yes they should have diversified their economy. Kuwait, Bahrain, and Qatar did years ago, before the price of oil collapsed. It's too late for Venezuela to diversify. Diversifying takes capital, and Venezuela doesn't have any, and because of US sanctions, their ability to get financing is damn near impossible. The only financing they can get is from Russia and China with horrible terms, and who get paid back in oil. Problem being, this oil production eats up any domestic product they receive because instead of selling it, it's being used to pay interest.

    The only way Venezuela can be fixed is with a regime change, and the forgiveness of some past debt. Their oil industry will then become foreign owned, and that would force them to diversify, because their cash cow oil industry wouldn't belong to them anymore. The one problem with this is that many countries still wouldn't be go with this, because Venezuela has had prior history of nationalizing and seizing foreign companies. It would have to be tightly controlled.

    But yes, Socialism sucks. Socialism is what prevented Venezuela from cutting spending when times got tough. I think they'd still be screwed, but I think the fall would have been much much slower.
  • 2001400ex2001400ex Member Posts: 29,457
    Sledog said:

    Oil failed because Venezuela being socialist seized the oil industry. They didn't know how to run it. Why would the people that do stay? This happens in every socialist takeover. History much?
    Most of the ownership of business in China is owned by the government and they sure are doing fine with economic growth. HTH
  • greenbloodgreenblood Member Posts: 14,553
    2001400ex said:

    Most of the ownership of business in China is owned by the government and they sure are doing fine with economic growth. HTH
    True...but how much growth is because of intellectual theft?
  • 2001400ex2001400ex Member Posts: 29,457

    True...but how much growth is because of intellectual theft?
    Sounds like you know. You want to provide the answer?
  • greenbloodgreenblood Member Posts: 14,553
    2001400ex said:

    Sounds like you know. You want to provide the answer?
    $14 billion annually from the US. Everybody else... who the hell knows
  • pawzpawz Member, Moderator, Swaye's Wigwam Posts: 22,039 Founders Club

    Case closed

    Our? education indoctrination system has failed
    FTFY
  • 2001400ex2001400ex Member Posts: 29,457

    $14 billion annually from the US. Everybody else... who the hell knows
    Cool.. What's that as a percent of their GDP?
  • creepycougcreepycoug Member Posts: 23,846
    edited December 2018

    More than half of millennials have a positive view of socialism. You’ve already lost.

    Eh. Do they really? Maybe they come home over winter break and tell their parents that socialism could really work!

    Until they get cut off, college is over, and therefore so is the party.

    The true believers will go and do public interest work, and God bless 'em. The country can't run on everyone chasing the brass ring. We need people willing to do jerbs that don't pay a lot.

    The others will chase the brass ring and jump into capitalism with both feet. Trust me.

    Kids want to live in Boston, SF, Seattle, LA, Austin. Those places aren't friendly to people on a budget.

    Once they start making bank, they will start doing this thing called paying taxes. Once that happens, their views on things will begin to shape.

    Just like I tried, in vain, to explain to Westlinnfaggot, this isn't the issue that neo-populist Trump ball lickers want to make it out to be. It's just rhetoric for faggots like bobsled.
  • 2001400ex2001400ex Member Posts: 29,457

    Eh. Do they really? Maybe they come home over winter break and tell their parents that socialism could really work!

    Until they get cut off, college is over, and therefore so is the party.

    The true believers will go and do public interest work, and God bless 'em. The country can't run on everyone chasing the brass ring. We need people willing to do jerbs that don't pay a lot.

    The others will chase the brass ring and jump into capitalism with both feet. Trust me.

    Kids want to live in Boston, SF, Seattle, LA, Austin. Those places aren't friendly to people on a budget.

    Once they start making bank, they will start doing this thing called paying taxes. Once that happens, their views on things will begin to shape.

    Just like I tried, in vain, to explain to Westlinnfaggot, this isn't the issue that neo-populist Trump ball lickers want to make it out to be. It's just rhetoric for faggots like bobsled.
    Yeah but it's fun watching APAG trigger Bob and sledog.
  • greenbloodgreenblood Member Posts: 14,553
    2001400ex said:

    Cool.. What's that as a percent of their GDP?
    Intellectual theft of US property alone amounts to about 1% of their GDP.
  • 2001400ex2001400ex Member Posts: 29,457

    Intellectual theft of US property alone amounts to about 1% of their GDP.
    Wut? The entire GDP of China is $1.4 trillion?
  • greenbloodgreenblood Member Posts: 14,553
    edited December 2018
    2001400ex said:

    Wut? The entire GDP of China is $1.4 trillion?
    Yes about 1%. I was wrong with the $14 billion figure. I heard the $14B on CNBC, but they may have been using a specific month figure. I don’t know why so wide a variance but it’s between $225 billion and $600 billion annually. So yes 1% is about right.

    https://money.cnn.com/2018/03/23/technology/china-us-trump-tariffs-ip-theft/index.html

    Again, that is the US by itself. I can’t find figures on other developed countries like Japan, UK, Germany, etc. All of which signed on to the complaint yesterday.
  • 2001400ex2001400ex Member Posts: 29,457

    Yes about 1%. I was wrong with the $14 billion figure. I heard the $14B on CNBC, but they may have been using a specific month figure. I don’t know why so wide a variance but it’s between $225 billion and $600 billion annually. So yes 1% is about right.

    https://money.cnn.com/2018/03/23/technology/china-us-trump-tariffs-ip-theft/index.html

    Again, that is the US by itself. I can’t find figures on other developed countries like Japan, UK, Germany, etc. All of which signed on to the complaint yesterday.
    Ok. That number is probably high but fine I'm take it. Explain how that is the driving factor in the huge growth in China.
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