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originally posted by: Gryphon66
originally posted by: Edumakated
I think socialism is popular because many people are never presented with a counter viewpoint. You also have a lot of propaganda from mainstream media and educational institutions.
I don't think most people who support socialism are dumb / stupid, but they've just never actually really thought in depth about the positions they are taking.
People also tend to think emotionally instead of logically.
Both adherents and opponents of “socialism” seem to miss the point. The biggest issue with such systems is that they require massive authoritarian intervention.
THAT’s the issue, not per se where the money comes from or what we do with it. (Of course, that matters as well.)
originally posted by: Edumakated
originally posted by: Gryphon66
originally posted by: Edumakated
I think socialism is popular because many people are never presented with a counter viewpoint. You also have a lot of propaganda from mainstream media and educational institutions.
I don't think most people who support socialism are dumb / stupid, but they've just never actually really thought in depth about the positions they are taking.
People also tend to think emotionally instead of logically.
Both adherents and opponents of “socialism” seem to miss the point. The biggest issue with such systems is that they require massive authoritarian intervention.
THAT’s the issue, not per se where the money comes from or what we do with it. (Of course, that matters as well.)
Socialism requires far more authoritarian intervention. People are naturally capitalistic and it functions at an individual level. Any intervention with capitalism is with regulations to prevent bad actors from taking advantage of the weak. With socialism, the intervention is more about forcing everyone to participate whether they want to or not. Everything is done at a macro level even if individual needs are not met.
Socialism requires far more authoritarian intervention. People are naturally capitalistic and it functions at an individual level. Any intervention with capitalism is with regulations to prevent bad actors from taking advantage of the weak.
originally posted by: LordAhriman
I don't know of a whole lot of people who want a full on socialist society. Most just want like 2 more social programs so that we can catch up with the rest of the world on healthcare and education.
originally posted by: Wayfarer
I'd wager its simply the recognition of wealth hoarding. When 1% of people have 99.99% of the wealth, socialism is the natural reaction.
When people starve while almost the entirety of a countries wealth sits untouched or in financial vehicles who only interest the account holder then socialism starts to become the natural reaction.
When people start to esteem compassion over greed, then socialism starts to become the natural reaction.
originally posted by: Edumakated
originally posted by: Wayfarer
I'd wager its simply the recognition of wealth hoarding. When 1% of people have 99.99% of the wealth, socialism is the natural reaction.
When people starve while almost the entirety of a countries wealth sits untouched or in financial vehicles who only interest the account holder then socialism starts to become the natural reaction.
When people start to esteem compassion over greed, then socialism starts to become the natural reaction.
There is no wealth hoarding... you are demonstrating your ignorance of finance.
No one even remotely rich keeps a horde of cash under their mattress. All that money is in the market being invested / lent out as loans, etc.
originally posted by: Wayfarer
originally posted by: Edumakated
originally posted by: Wayfarer
I'd wager its simply the recognition of wealth hoarding. When 1% of people have 99.99% of the wealth, socialism is the natural reaction.
When people starve while almost the entirety of a countries wealth sits untouched or in financial vehicles who only interest the account holder then socialism starts to become the natural reaction.
When people start to esteem compassion over greed, then socialism starts to become the natural reaction.
There is no wealth hoarding... you are demonstrating your ignorance of finance.
No one even remotely rich keeps a horde of cash under their mattress. All that money is in the market being invested / lent out as loans, etc.
Rather you are demonstrating your ignorance if you think much of the wealth of the country is being re-invested in vehicles that benefit the proletariat.
originally posted by: Edumakated
originally posted by: Wayfarer
originally posted by: Edumakated
originally posted by: Wayfarer
I'd wager its simply the recognition of wealth hoarding. When 1% of people have 99.99% of the wealth, socialism is the natural reaction.
When people starve while almost the entirety of a countries wealth sits untouched or in financial vehicles who only interest the account holder then socialism starts to become the natural reaction.
When people start to esteem compassion over greed, then socialism starts to become the natural reaction.
There is no wealth hoarding... you are demonstrating your ignorance of finance.
No one even remotely rich keeps a horde of cash under their mattress. All that money is in the market being invested / lent out as loans, etc.
Rather you are demonstrating your ignorance if you think much of the wealth of the country is being re-invested in vehicles that benefit the proletariat.
It is finance 101...
Vast majority of that wealth is in stock market. The stock market is how companies raise capital so they can grow... you know HIRE EMPLOYEES. Some of the money may be invested in illiquid assets like real estate. However, even that benefits people by creating jobs. Tradesmen and all the other people associated with building, selling, and maintaining homes.
Yachts? Same thing. Someone has to build those boats. Private Jets? They don't build themselves.
We can do this all day....