1. Discuss politics - join our community by registering for free here! HOP - the political discussion forum

Has socialism already failed in the US ?

Discussion in 'U.S. Politics' started by dogtowner, Jul 20, 2019.

  1. dogtowner

    dogtowner Moderator Staff Member

    Joined:
    Dec 24, 2009
    Messages:
    17,818
    Likes Received:
    1,457
    Location:
    Wandering around
  2. Walter

    Walter Administrator Staff Member

    Joined:
    Dec 9, 2006
    Messages:
    1,603
    Likes Received:
    178
    Location:
    Heart of Europe
    It is stupid to lend money to someone who cant afford to pay it back. In Europe every bank is strictly required to proove credit-worthiness of a borrower.

    Regarding "socialism" - it is only a word and has different meanings to different people. Germany, economically very strong, has many measures in place that probably would be considered far-left-wing by you.
     
  3. dogtowner

    dogtowner Moderator Staff Member

    Joined:
    Dec 24, 2009
    Messages:
    17,818
    Likes Received:
    1,457
    Location:
    Wandering around
    Yeah we had measures in place to avoid loans that were not creditworthy. Then government stepped in. Bankers did what they coukd to hedge and passed the bad paper to Sallie Mae who knowingly bought these loans and the end was made.

    Socialism ceased to be strictly a theory long ago and comes in many flavors. Our toe dipping efforts have failed as they were invoked as vote buying schemes. Most of our politics center on vote buying. Policy is not much more than a joke any more.
     
  4. PLC1

    PLC1 Moderator Staff Member

    Joined:
    Apr 20, 2007
    Messages:
    10,588
    Likes Received:
    593
    Location:
    The Golden State
    The US has never adopted socialism, and never will. Socialism is an economic system in which the government owns the means of production. Were we socialists, the the government would own GM, Ford, Boeing, all of the major companies, as well as all that productive farmland in the Mid west, California, and elsewhere. The guy on the tractor planting corn would be working for the government, not for himself.

    The purpose the word "socialism" has is to scare people away from government programs that people don't like: universal health care is "socialized medicine," raising the minimum wage is socialism, food stamps are socialism, etc.

    Venezuela tried real socialism, and we can all see the result. Some call the Scandinavian countries "socialist" as well, and yet the result there is quite different, and why is that?

    Because they're not really socialist, that' why.
     
    Walter likes this.
  5. dogtowner

    dogtowner Moderator Staff Member

    Joined:
    Dec 24, 2009
    Messages:
    17,818
    Likes Received:
    1,457
    Location:
    Wandering around
    Clearly there is a sliding scale of sorts for socialism around the world.
    Europe is socialist in its way as is scandanavia Russia and South America.
    Venezuela fell to corruption as is so common in the 3rd world.
    The US is knee deep as well under the false guise of "general welfare".
    The textbook excuse is no excuse as even Marx described. Its a process, an evolution.
     
Loading...

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice