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originally posted by: ketsuko
a reply to: DexterRiley
The American public school system is a good example of a nearly 100% socialized system.
originally posted by: TheConstruKctionofLight
a reply to: Indigo5
In all things where innovation, grit and hard work matter for the advancement of mankind...capitalism is the answer...no doubt...period...full stop. Just the facts. It incentives hard work, optimization, innovation and efficiency.
So you would agree that you don't have true capitalism but an Oil-igarchy in the US (bankers bail outs - preferential treatment of Oil companies)
Why are you so afraid of the socialist society?
According to an analysis of Federal Reserve data by the Economic Policy Institute, the wealthiest 1 percent of Americans control 35.6 percent of the total wealth of the country -- more than a third [source: Allegretto]. Even more incredible is that the richest 10 percent of Americans control 75 percent of the wealth, leaving only 25 percent to the other 90 percent of Americans.
originally posted by: ForteanOrg
a reply to: Inannamute
The idea of a basic income is appealing, indeed, but not because it would save us money. For example, if you're handicapped, the costs for necessary care can be staggering. Part of that is caused by the very high price of health care, another problem that should be tackled. But you can't pay for all those costs if you have just a basic income of say $10K/a. So, we'd stlll need additional provisions. Also, if you'd have restrictions on whom get the payments, you'd end up with the need to check - more civil servants.
However, it would indeed liberate people. And we may well have no other options sooner or later, as it is clear that the costs of human labour will eventually always be higher than the costs of automation and mechanisation. Simply put: the robot is cheaper than any hired hand, and in a truly capitalistic system no manager would hire people anymore: too expensive. In a capitalistic system you're always trying to reduce costs. But that would create a dent in the system, as people would not be able to buy the goods and services produced. There is neither sufficient talent nor work to make everybody a doctor or a scientist. But even then: in the end it is labour that creates wealth and if labour is done by entities that do not consume, there is nobody to buy your goods.. the are all dead because we did not provide for them.
That would be us, them dead folks..
originally posted by: maplecustom
Hello friends. I am very curious to know why some of you are so incredibly negative towards the idea of a socialist approach to sosiety in the US? Reading posts here on ATS i find most of your opinions and meanings towards how it really works, and would work for you guys, to be filled with an astounding amount of fear of it all.
Do you think the government would just take over everything and dictate your say in every matter? Tax you into the ground? Give you free healthcare, free education and restrict your opportunities for Success?
Living in Norway, a country where society is based on socialist dogmas I will happily try to answer any questions you have of it all and debate to the best of my abilities.
Norway has declared that its oil industry has entered a “crisis.”
“[The] industry is in a crisis now, we can’t deny that,” Bente Nyland, director general of the Norwegian Petroleum Directorate, told Bloomberg who reminds us that “Norway depends on oil and gas for about one-fifth of its economic output and nationwide, the petroleum industry has cut almost 30,000 jobs.”
originally posted by: Annee
a reply to: Sparkymedic
BTW - - Tyler Durden is a character from Fight Club.
I suggest you research the source of the site of the article you are promoting.
originally posted by: Sparkymedic
originally posted by: Annee
a reply to: Sparkymedic
BTW - - Tyler Durden is a character from Fight Club.
I suggest you research the source of the site of the article you are promoting.
You clearly didn't read past the authors name, in a typical ATS judgmental style.
originally posted by: Sparkymedic
a reply to: Annee
Fair enough. I have edited my post above.
The sources are obvious and the author is clearly using their own charts to visualize publicly available data.
originally posted by: Annee
originally posted by: Sparkymedic
a reply to: Annee
Fair enough. I have edited my post above.
The sources are obvious and the author is clearly using their own charts to visualize publicly available data.
OK. And what is the source of the data?
I'm not taking sides, but "articles" are written all the time. Some are legit, some are baseless, others slanted with unfounded bias.
The real issue we ALL face on this planet is the issue of money and especially fiat money at that.