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1 posted on 09/08/2024 10:08:00 AM PDT by econjack
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To: econjack

Problem is, there will always be someone out there who’s poor. And it could be due to the fact that they have an addiction, Drugs, alcohol, cigarettes, gambling, etc. Or they are poor just because they don’t know how to budget, and handle money. I’m completely against any redistribution of wealth on these grounds alone.


2 posted on 09/08/2024 10:11:54 AM PDT by EvilCapitalist (Pets are no substitute for children)
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To: econjack

Fifty million former socialists escaped their socialist homelands and illegally entered a free market America looking for “a better life.”


3 posted on 09/08/2024 10:14:06 AM PDT by FlingWingFlyer (Liberals are FOS. The greatest threat to "democracy" is freeloader "immigration". Stupid morons.)
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To: econjack

Theory: “From each according to his ability, to each according to his need.”

Reality: “We pretend to work, and they pretend to pay..”


4 posted on 09/08/2024 10:14:56 AM PDT by cockroach_magoo (No one is above the law, but some are more above the law than others.)
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To: econjack

Socialism plays on the inherent greed and jealousy of people. It also fosters so many incorrect and flawed ideas. Who are you to have so much when others have so little? We deserve to have your stuff because we need it. If you have a lot, you must have earned it off others and thats bad. You’re not paying your “fair” share. To have so much you had to cheat others out of what they deserved.

It also totally wipes out any charitable feelings people with “a lot” have, because they aren’t appreciated but are told they’re bad people for having so much and are the problem.

Its perpetual class warfare based on haves/have nots, which redirects attsntion away from the politicians who are pitting these groups against each other. Their entire system depends on it, socialism only can exist this way because its how their dialectic works.


5 posted on 09/08/2024 10:19:36 AM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: econjack

It’s THE FREE MARKET vs. GOV’T COMMAND AND CONTROL.

The free market economy is the Wealth of Nations (Adam Smith).

Gov’t command and control is the Road to Serfdom (Friedrich Hayek).

(Patriots and conservative need to abandon the Marxist term “capitalism” and call the market economy free from gov’t interference what it is.)


6 posted on 09/08/2024 10:20:24 AM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: econjack

And America never put up fences to keep people in. Socialist countries never put up fences to keep people out.


7 posted on 09/08/2024 10:20:54 AM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: econjack

Thank you for your work.

Let me test my understanding of the basic concepts:

Capitalism - You can do anything you want with your money/wealth - even usury.

Socialism - You don’t really have any money/wealth - it belongs to whoever we say it does.

Both sound wrong, to me. Just intuitively I prefer the term “Free Market”, though maybe I don’t understand the terms being used.


8 posted on 09/08/2024 10:22:18 AM PDT by Empire_of_Liberty
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To: econjack

There are many problems with socialism. The core problem (and it’s a fatal problem) is this: Who gets what is determined not by a producer/consumer agreement, but by some far-away committee.

Producer: I can deliver a dozen eggs for $3.25.
Committee: You can charge no more than $2.00.

Consumer: I have a large family. I need two dozen eggs a week.
Committee: Your allocation is eight eggs a week.

Who in his right mind thinks such a system could work?


9 posted on 09/08/2024 10:24:17 AM PDT by Leaning Right (The steal is real.)
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To: econjack
Pure Socialism has never and will never exist.

Capitalism produces EVERYTHING Socialists wish to "redistribute."

Socialism can only exist as a parasite of capitalism.

10 posted on 09/08/2024 10:30:35 AM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: econjack

We are neither. We are fascist.

After WW2 it was asked ‘what made our enemies so formidable’, and things were adjusted to emulate that condition.


12 posted on 09/08/2024 10:41:01 AM PDT by SpaceBar
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To: econjack

socialism + statism = state ownership & control + universal wage and price controls + elimination of profits, private property, and competition + central planning + political incentives + collectivist duty & altruistic sacrifice + government monopoly + bureaucratic management + mob rule + force/tyranny + slave labor & forced labor + terror & mass murder = anarchy of production + economic chaos + inefficiency & waste + shortages + rationing + empty shelves + long waiting lines + black markets + technological backwardness + misery/suffering for the masses + riches, elitism, aristocratic privilege, and court society for the rulers/leaders


14 posted on 09/08/2024 11:04:14 AM PDT by mjp (pro-freedom & pro-wealth $)
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To: econjack

“The worst thing you can do for the poor is to make them comfortable in their poverty.”

Poor Richard’s Almanac
(AKA Benjamin Franklin)


15 posted on 09/08/2024 11:06:08 AM PDT by fella ("As it was before Noah so shall it be again," )
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To: econjack
Socialism has never worked anywhere in the long run because income redistribute penalizes those who invest and create jobs, economic opportunity, and economic growth.

Also, socialism fails because redistributed income fails to bring a sense of meaning to the recipient.

Income earned is meaningful because, well, it is deserved. It brings with it that wonderful feeling of pride because it is the result of something you have accomplished.

Income doled out, whether by the government or a family for nothing in return, brings with it a sense of shame because it is undeserved.

When you walk around a nice piece of property, drive your new car down a curvy road, or just get that first paycheck, it matters because it's the result of your long hours of work or even ingenuity at the job.

When you get a redistribution check, you know it's just a handout because someone thinks you are pathetic.

16 posted on 09/08/2024 11:06:10 AM PDT by RoosterRedux (Thinking is difficult. And painful. That’s why many people avoid it.)
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To: econjack
I have read some wonderful, condensed descriptions of socialism's toxicity...Churchill, Horowitz etc...But I most favor Uncle Miltie's:

The essential notion of a socialist society is fundamentally force. If the government is the master, you ultimately have to order people what to do. Whenever you try to do good with somebody else’s money, you are committed to using force. Friedman

In debates with pinkos, I have consistently pointed out that any creature -human or otherwise- longing to be kept on a chain is defective.

17 posted on 09/08/2024 11:11:11 AM PDT by PerConPat (The politician is an animal which can sit on a fence and yet keep both ears to the ground.- Mencken)
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To: econjack

To me, it all reduces to one simple concept: scaling.

People have ideas, create things. Then they figure out how they created the thing, and try to teach others how to create what they created. Then they start thinking about how they figured out how they create the thing, and try to teach others how to teach that.

At some point, some of those creative people noticed that people would give them things in return for their acts of creativity. This is how ideas, and the ability to have ideas, began to propagate through society.

This was the beginning of “scaling.” Because ideas are knowledge, and knowledge is information, and information is not subject to laws of conservation. Matter can be transformed, but not created or destroyed. Energy too can be transformed, but not created or destroyed. Yes, I know that Albert Einstein realized that matter and energy could be transformed into each other, but that was only a recent insight.

But information can be copied without degradation, at least once it’s put in the form of thoughts, and symbols. Ideas are always expressible symbolically, because thoughts can always be expressed symbolically. An idea in my mind can be turned into symbols (words, or drawings, or mathematical formulae) and conveyed to you, and if you have an educational background similar to mine, the same idea I have in my mind can suddenly take form, and live in your mind. And the fact that the idea is now present in your mind doesn’t degrade the quality of the idea in my mind; it’s still there.

If I give you an orange to eat, I no longer have the orange. But if I give you an idea, an insight, a piece of knowledge, I still have that idea; I didn’t have to give it up for you to have it.

Capitalism and communism are both ways of scaling ideas. They’re both ways of spreading knowledge, and of spreading the means to get more knowledge. The difference is in the details, and the details are the result of different concepts of how knowledge is created and propagated.

Capitalism is based on the idea that those who have ideas should benefit materially from those ideas. By directing resources to those who can have ideas, that small percentage of idea-having persons that can use those resources to have more ideas, and create more knowledge, can grow, and build, and nurture positive feedback loops. Knowledge begetting more knowledge. This is a powerful engine of progress, that has benefited all civilization, in every corner of the world. Capitalism is progressed organically, as a distributed, asynchronous system, redundant and fault-tolerant.

Communists look at “failings” of Capitalism and seek to scale awareness of those failings in order to take control of the flow of knowledge. The failings of Capitalism are mostly just the result of human nature, the human condition; talent isn’t evenly distributed, energy and character aren’t evenly distributed throughout society.

In effect, Communism is created to scale ignorance, by people who have learned to benefit from the utilization of ignorance. Capitalism has no use for idiots, but “useful idiots” are so essential to the Communist model that one of its most effective exponents actually coined the term.

I could go on quite a while more in this vein, but you get the idea.


18 posted on 09/08/2024 11:12:04 AM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: econjack

First, stop with the idea there is “distribution of income”. There is no such thing in capitalism. Income is earned, not distributed. The only ones to whom income is distributed are layabouts or those truly disabled. The layabouts will vote for more handouts because they will never earn the things they desire.


24 posted on 09/08/2024 11:42:21 AM PDT by bk1000 (Banned from Breitbart)
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To: econjack

🇺🇸Americanism vs. Communism

The GreatAwakening vs. The Great Reset


28 posted on 09/08/2024 12:16:58 PM PDT by ShawnShawntheLeprecaun
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To: econjack
Capitalism versus Socialism

I see a flaw in that comparison?

Capitalism has to do with capital; Socialism has to do with governance.

Capitalism exists in all forms of government. The difference is who controls your capital and your money, you or the government?

America's Constitution protects you and your property and encourages citizens to accumulate more property. Americanism allows the citizens to control their capital, not the government.

32 posted on 09/08/2024 2:11:13 PM PDT by MosesKnows
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To: econjack
There is no capitalism today. Capitalism requires private capital, we don't function on that these days.

The arguments today are for the socialism of republicans or the socialism of democrats. Both parties support massive top down government that either supports the finger on the scale of tax breaks toward certain interest, or grants and other expenditures toward certain ventures.

There are no capitalist out there. We have lobbyist and other rent seekers directing government expenditures and directions to what they want. Capitalism died long ago, also the responsibilities and ownership of said capital.

41 posted on 09/08/2024 4:19:43 PM PDT by Theoria
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