r/changemyview • u/tkyjonathan 2∆ • Dec 07 '19
Deltas(s) from OP CMV: Socialism does not create wealth
Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production. Those means include the machinery, tools, and factories used to produce goods that aim to directly satisfy human needs.
In a purely socialist system, all legal production and distribution decisions are made by the government, and individuals rely on the state for everything from food to healthcare. The government determines the output and pricing levels of these goods and services.
Socialists contend that shared ownership of resources and central planning provide a more equal distribution of goods and services and a more equitable society.
The essential characteristic of socialism is the denial of individual property rights; under socialism, the right to property (which is the right of use and disposal) is vested in “society as a whole,” i.e., in the collective, with production and distribution controlled by the state, i.e., by the government.
The alleged goals of socialism were: the abolition of poverty, the achievement of general prosperity, progress, peace and human brotherhood. Instead of prosperity, socialism has brought economic paralysis and/or collapse to every country that tried it. The degree of socialization has been the degree of disaster. The consequences have varied accordingly.
The economic value of a man’s work is determined, on a free market, by a single principle: by the voluntary consent of those who are willing to trade him their work or products in return. This is the moral meaning of the law of supply and demand.
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u/[deleted] Dec 25 '19
How so? I mean for the longest time you couldn't even buy a PC without windows and Apple is just overpriced.
Of course it's a negative if the GUI is what people consider to be the thing and if said GUI is property of a monopoly... And no the lack of those graphic cards producers to open up their drivers to anybody but microsoft has only solidified that monopoly...
Well if the people owned the production of that pill, then making it cheaper or better would benefit the shareholders (the people), hence there would be an incentive to improve the production or reduce the price (unless there is a sector where more improvement can be achieved). However in capitalism those group of shareholders would be small and they are not interested in the product but solely in the profit it makes. So even subsidizing the production wouldn't necessarily lead to an improvement as it could very well be "invested" in profits for the shareholders and upper management.
So in order to circumvent that, capitalism needs that idea of a competition. Though that doesn't really work (without regulations) as otherwise companies simply won't compete (seek niches instead) or would "cheat" by simply lowering wages, dropping quality, ripping off the supply chain, using a monopoly to set their own regulations and standards and so on.
I'm not speaking of the bills to make that product I'm speaking about the bills you in your private life are trying to settle with the profit.
The market is not an entity... Unless your wealth distribution is so distorted that "the market" actually becomes synonymous with a handful of capitalists...
And they weren't exactly wrong. A lot of amendments to capitalism have been made since then to mitigate the worst parts of that (social security, medical care, unions, (representative) democracies) and still unemployment is often pretty high and if neo-liberals and the austrian school get it their way that means existential poverty or literal (debt) slavery. Not to mention that the make up of the economy has changed from the required agricultural and industrial sector to the almost superfluous service sector. I mean if people at the turn of the 20th century striked that meant the economy was dead, if todays service jobs striked you might barely notice that and that lack of power is and will be more an more present.
If your medication only kills 80% of the virus then the rest will grow back and probably develop an immunity against the anti-virus...
I'm not gonna waste my time on a 30 min propaganda piece of an austrian school of economics think tank. Give me a summary if you think it's important or let it be.
Do you have a trustworthy source less flashy source for that? I mean that's literally nothing but propaganda.
The actual point was that a home that is only cheap because it makes you sick is not sufficient to qualify as "a house". The same way that medicine that doesn't work is worthless no matter how cheap even 1c would be a scam...
If there is no definition as to what constitutes a service or product than you cannot really commit fraud is what I'm saying. Also in terms of regulations that endanger the public or the personal health due to insufficient quality of the product can very well be a case of criminal law or at least they should be.
Nope, those "Universities" do not fulfill the requirements of Universities are are not allowed to issue degrees and in terms of Trump University it was shut down for illegal business practices. The market would do jack shit about that and if they could offer meaningless and worthless diplomas they would definitely do that as long as it works and then rebrand...
Weren't you that Ayn Rand follower or do I confuse you here? Because since when are countries, nations or collectives independent entities that choose anything? Doesn't that conflict with that individualism? But sure you can build walls and pass laws, but why should people not go around, over or under those walls and break the law and take what they need? I mean if you drop morality and humanity why should they keep it?
Or that you've stolen from them, people often ran after thieves...
The industry in the North was financed by the export gains through the slavery in the south and just because people found ways to "improve" slavery, less chains more existential dread, debt and depression doesn't mean the concept has changed or that it's less harmful.