Which Politics Are Best for the Economy?
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Date: 2022-07-15
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Comments and reviews: 9
Gregory
Just a few points. Generally, I agree with your overall assessment, however, not all socialisms are alike. Just as not all capitalisms are alike. Marx did not create socialism, he mere gave his spin on it. I agree with your assessment of corruption. That poisons any system. I also think another big enemy, of which corruption is a close relative, is authoritarianism in its various forms. I do think market interplay can expand economic growth, but that does not rule out decentralized communal and cooperativist models which can address growing inequality. Many of these could be classed as a form decentralized socialism and are in various places around the world but in their infancy not yet really having an ideological name. Such models could address serious economic inequalities through employee and community ownership while giving a green light to a wider market system while coordinating local community growth. I also agree with the social democratic idea that certain items such as education, healthcare, infrastructure, etc. not to mention protections of certain basic human rights should not be left to the whims of the marketplace. Overall, nice video.
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Just a few points. Generally, I agree with your overall assessment, however, not all socialisms are alike. Just as not all capitalisms are alike. Marx did not create socialism, he mere gave his spin on it. I agree with your assessment of corruption. That poisons any system. I also think another big enemy, of which corruption is a close relative, is authoritarianism in its various forms. I do think market interplay can expand economic growth, but that does not rule out decentralized communal and cooperativist models which can address growing inequality. Many of these could be classed as a form decentralized socialism and are in various places around the world but in their infancy not yet really having an ideological name. Such models could address serious economic inequalities through employee and community ownership while giving a green light to a wider market system while coordinating local community growth. I also agree with the social democratic idea that certain items such as education, healthcare, infrastructure, etc. not to mention protections of certain basic human rights should not be left to the whims of the marketplace. Overall, nice video.
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Trevor
As a right winger, My economic thought has evolved overtime. I have become disillusioned with the constant free-market shilling. And don't refer to free market economics as right wing, because it's really not. It's not really on one side of the political spectrum or the other, much like liberalism, you have the left and right variants of it. And I'm someone who is heavily critical of liberalism and it's fundamental presuppositions. I think you omitted certain facts when you said countries with good education and property rights often become wealthier, it's that simple often times. It's not that simple. While you are correct with this technically, it doesn't tell the full story. Take America for example, I would argue that it wasn't the free market that led the US to success. It was protectionism, and even developmentalism for most of our history. What you would probably classify as autarkic policies are more responsible for the success of the US and many other countries. China is a good example of this for the modern day.
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As a right winger, My economic thought has evolved overtime. I have become disillusioned with the constant free-market shilling. And don't refer to free market economics as right wing, because it's really not. It's not really on one side of the political spectrum or the other, much like liberalism, you have the left and right variants of it. And I'm someone who is heavily critical of liberalism and it's fundamental presuppositions. I think you omitted certain facts when you said countries with good education and property rights often become wealthier, it's that simple often times. It's not that simple. While you are correct with this technically, it doesn't tell the full story. Take America for example, I would argue that it wasn't the free market that led the US to success. It was protectionism, and even developmentalism for most of our history. What you would probably classify as autarkic policies are more responsible for the success of the US and many other countries. China is a good example of this for the modern day.
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RAINE
my people actually through referendum get to approve bills that exceed 1. 8 trillion thanks to our constitution this means that basically every economic situation that exceeds this tolerant limit is voted upon and made decisions by the majority that is why our deficit is so low GDP is high Economic Development exceeds most First World Nations taxation is exceedingly low with government limitation as well as heavily regulated not in the aspect of public Society but on the aspect of the government they're also Provisions in the Constitution of the United Coalition of Sovereign Nations towards I actually I'm presenting a flag of them on most of my BIOS represented as a phoenix and I can tell you each aspect of the flag of mine but in conclusion my Constitution says anything pertaining to the economy must always be made final by the people through referendum and that this right of economic Destiny shall not be abridged nor obstructed by Amendment the Court's or the Congress
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my people actually through referendum get to approve bills that exceed 1. 8 trillion thanks to our constitution this means that basically every economic situation that exceeds this tolerant limit is voted upon and made decisions by the majority that is why our deficit is so low GDP is high Economic Development exceeds most First World Nations taxation is exceedingly low with government limitation as well as heavily regulated not in the aspect of public Society but on the aspect of the government they're also Provisions in the Constitution of the United Coalition of Sovereign Nations towards I actually I'm presenting a flag of them on most of my BIOS represented as a phoenix and I can tell you each aspect of the flag of mine but in conclusion my Constitution says anything pertaining to the economy must always be made final by the people through referendum and that this right of economic Destiny shall not be abridged nor obstructed by Amendment the Court's or the Congress
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sounghungi
I think if the US is going to implement a universal healthcare, we need fix the health advice that has been causing American's obesity, heart disease, Alzheimer, AMD, etc. Subsidizing healthcare is going to be a massive money sink if the health of the citizens aren't fixed first.
Also I think you make a great point about the environment but I find that the debate is often disregarded in favor of the environment. Like with cows, people have pushed the narrative that cows are harmful to the environment but fail to actually discussed the factors that make cows not even 10% as bad as people make it out to be. With any kind of regulations, we need to have good faith debates otherwise we get anti-trust suits against companies that don't even have large portion of the shoe market because the suit redefined what the shoe market is.
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I think if the US is going to implement a universal healthcare, we need fix the health advice that has been causing American's obesity, heart disease, Alzheimer, AMD, etc. Subsidizing healthcare is going to be a massive money sink if the health of the citizens aren't fixed first.
Also I think you make a great point about the environment but I find that the debate is often disregarded in favor of the environment. Like with cows, people have pushed the narrative that cows are harmful to the environment but fail to actually discussed the factors that make cows not even 10% as bad as people make it out to be. With any kind of regulations, we need to have good faith debates otherwise we get anti-trust suits against companies that don't even have large portion of the shoe market because the suit redefined what the shoe market is.
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Nicholas
I dont think government should be running schools or forcing parents to send their children to school. Often the only option is a public school, run by the government, w/ its indoctrination. This is more of that anti/fear of harm that is destroying the west. The government shouldnt even be powerful enough to enforce anything like this anyway. They shouldnt be involved with parenting. Its their kid, they can do whatever they want as long as they are not actively harming them/violating their rights.
You do not have a right to schooling, you dont have the right to food, housing, etc.
If you cannot provide X for yourself, if someone else needs to, then X not a right.
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I dont think government should be running schools or forcing parents to send their children to school. Often the only option is a public school, run by the government, w/ its indoctrination. This is more of that anti/fear of harm that is destroying the west. The government shouldnt even be powerful enough to enforce anything like this anyway. They shouldnt be involved with parenting. Its their kid, they can do whatever they want as long as they are not actively harming them/violating their rights.
You do not have a right to schooling, you dont have the right to food, housing, etc.
If you cannot provide X for yourself, if someone else needs to, then X not a right.
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HundredDaysMusic
Ironically for American politics, socialist policies work less the more demographically diverse a society is. Socialism works only if the people in that society have uniform needs and very high loyalty to the system, which disincentives corruption and theft. This is why Scandinavian welfare is so effective (unless you're a Muslim immigrant. By contrast, large and diverse societies require greater economic autonomy as top-down decision making runs into economic wicket problems that force resource usage to be divided along factional loyalties.
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Ironically for American politics, socialist policies work less the more demographically diverse a society is. Socialism works only if the people in that society have uniform needs and very high loyalty to the system, which disincentives corruption and theft. This is why Scandinavian welfare is so effective (unless you're a Muslim immigrant. By contrast, large and diverse societies require greater economic autonomy as top-down decision making runs into economic wicket problems that force resource usage to be divided along factional loyalties.
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Joseph
I agree with almost anything except Nordic countries being socialist. These are liberal democratic market economies with high-ish taxes and efficient welfare and public education programs. These are NOT socialist. Sweden has one of the highest rates of entrepreneurship in the world.
Falsely calling Sweden and Denmark socialist allows commies to use them as successful examples of socialism. They really are not. They are social democracy, NOT democratic socialism. There is a difference.
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I agree with almost anything except Nordic countries being socialist. These are liberal democratic market economies with high-ish taxes and efficient welfare and public education programs. These are NOT socialist. Sweden has one of the highest rates of entrepreneurship in the world.
Falsely calling Sweden and Denmark socialist allows commies to use them as successful examples of socialism. They really are not. They are social democracy, NOT democratic socialism. There is a difference.
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Mike
agreed, there is no one size fits all solution. Historical and cultural context also plays a part too. what may be successful for others, may not work locally without some major amendments
One has to be flexible according to needs at the time. A currently working formula doesnt guarantee success all the time, it is just working better now than a previous system, and if you dont keep trying to improve the system, you will fall into stagnation and breeds dissent.
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agreed, there is no one size fits all solution. Historical and cultural context also plays a part too. what may be successful for others, may not work locally without some major amendments
One has to be flexible according to needs at the time. A currently working formula doesnt guarantee success all the time, it is just working better now than a previous system, and if you dont keep trying to improve the system, you will fall into stagnation and breeds dissent.
reply
Barney
America actually dominated auto production before plummeting from the top of the food chain because of overzealous EPA regulations in the 70s/80s. Once they relaxed regulations things got better, slowly, but never reached anything close to their glory days. Today, its held back by corrupt auto unions making American labor too expensive and progressive regulations that mandate racial equity in employment
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America actually dominated auto production before plummeting from the top of the food chain because of overzealous EPA regulations in the 70s/80s. Once they relaxed regulations things got better, slowly, but never reached anything close to their glory days. Today, its held back by corrupt auto unions making American labor too expensive and progressive regulations that mandate racial equity in employment
reply
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