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Sure, there are all sorts of problems with capitalism. But as Churchill said about democracy, it the worst form of economic organization except for all the othe

Sure, there are all sorts of problems with capitalism. But as Churchill said about democracy, it the worst form of economic organization except for all the others that have been tried from time to time.

camgunz 3y ago
Eh I would say Socialism as practiced in Western Europe and the Nordics is doing better. They're out doing the US in most important metrics, and they're trending more Socialist (though we'll see what intensifying climate migration and other climate change consequences bring).
- davidw 3y ago
  Anyone who thinks that, say, Denmark is not a mixed economy with a strong bit of capitalism as well as a strong social safety net has never dealt with a kid who wants to buy lots of Lego.
  - camgunz 3y ago
    There are important differences between Denmark and the US though. Aren't we saying the same thing?
    - Kamq 3y ago
      > There are important differences between Denmark and the US though. On the human level, sure. On the level of "fundamental economic system" (which is, I believe, the line of discussion), there really aren't. They're both WEIRD countries with market based-economies and a social safety net. They both end up at the top of the lists on economic power (adjusted for population). The differences between them are political fine-tuning of the system to target an extra 5-10% of the population with the safety net, or to target those people in different ways. That's incredibly minor in terms of economic systems. When comparing two different economic systems, you tend to see differences on the order of "mass-famines" and "percentage of the population involved in subsistence farming".
      - camgunz 3y ago
        There are large differences though. The US poverty rate is 2.5x higher than Denmark's (15% to 6%). Denmark's life expectancy is 6 years longer. The kinds of policies you'd need to close that gap in the US would be transformative. > When comparing two different economic systems, you tend to see differences on the order of "mass-famines" and "percentage of the population involved in subsistence farming". There are plenty of capitalist countries that do a lot of subsistence farming.
        Kamq 3y ago
        > The kinds of policies you'd need to close that gap in the US would be transformative. I disagree. When laid against things like the end of mercantilism, I don't think that qualifies as transformative. I think the effects would look pretty much like the existing US system, because Denmark looks pretty close to the current US system by the standards we're talking about. If you want to argue they'd be fundamentally different, you can make a case, but I'd like to know why they would produce different results. > There are plenty of capitalist countries that do a lot of subsistence farming. Do you have some examples? The areas I'm aware of that practice subsistence farming, don't have a long history of leaving the means of production alone in private hands for very long.
        sudosysgen 3y ago
        > Do you have some examples? The areas I'm aware of that practice subsistence farming, don't have a long history of leaving the means of production alone in private hands for very long. This is not correct. Under, for example, the Roman Empire, privately held land was routinely leased to free men, either for a share of the produce (métayage) or for a fixed fee. This practice lasted hundreds of years. The end of subsistence farming has everything to do with technology and nothing at all to do with capitalism. In the eigth century in France, around 50% of the land was under a sharecropping-like system, too. This page, and the page in French wiki it links in the intro, give a good rundown of capitalist-like subsistence farming in antiquity and the middle ages : https://en.m.wikipedia.org/wiki/Metayage https://en.m.wikipedia.org/wiki/Metayage
- chanakya 3y ago
  A core element of socialism is that all industries and natural resources are state-owned. European countries are capitalist, not socialist, and got where they are by being so.
  - camgunz 3y ago
    Sure, I'm saying: - there are big differences between US capitalism and European social democracy - European social democracies are trending more socialist all the time > European countries are capitalist, not socialist, and got where they are by being so. Ehhhh communist movements, multiple devastating wars, and unions had a hand in it too.
    - rsynnott 3y ago
      > - European social democracies are trending more socialist all the time Eh? Which ones? As a European this is very much news to be; not much seizing of the means of production going on. If anything, some divesting of the means of production; heavily regulated privatisation of state energy, transport etc monopolies has been going on all over Western Europe for a while. I realise that in the US, the colloquial definition of ‘socialist’ these days is more or less “not actively going around kicking poor people”, but the idea that Europe is becoming more socialist by any reasonable definition is a bit out there.
      - camgunz 3y ago
        There's a recent rightward shift for sure, but long term benefits are increasing, unions are gaining power, and you're seeing people use democracy to force industry to adopt green policies. This is the power dynamic described by socialism: people control companies, not the other way around.
        constantcrying 3y ago
        >you're seeing people use democracy to force industry to adopt green policies No, you are seeing governments force green policies against the will of the majority.
- constantcrying 3y ago
  All these countries are market economies with tax funded social services. Not "Socialist" under any meaning of that word. >they're trending more Socialis Indeed. More and more ridicolous taxes and less and less useful social investments.
- christkv 3y ago
  Social democracy is not socialism. Please don’t confuse the two because they are still miles away from each other.
  - camgunz 3y ago
    I think that it is. Socialism is where the workers own the means of production. I think a democracy that's nationalized significant industries fits that description, e.g. France: > 1982 François Mitterrand's proposals in the 110 Propositions for France and alliance with Jean-Pierre Chevènement's Socialist Party faction CERES, committed France to an explicitly socialist ‘rupture with capitalism’. Full nationalisation (100%): the Compagnie Générale d'Electricité, the Compagnie Générale de Constructions Téléphoniques, Pechiney-Ugine-Kuhlmann, Rhône-Poulenc, Saint-Gobain-Pont-à-Mousson, Thompson-Brandt. Partial nationalisation (51%+): Dassault, Honeywell-Bull, Matra, Roussel-Uclaf, Sacilor, Usinor. Thirty-nine banks, two financial houses, and the remaining 49% of the SNCF were also nationalised, taking the size of the French state to unprecedented levels within a year of Mitterrand's election as president in 1981.
    - constantcrying 3y ago
      >Socialism is where the workers own the means of production. Clearly that is not the case in any European country. >Dassault Literally family owned. I don't think you realize just how capitalist European countries really are. State owned corporations are usually quite rare and generally known for being run extremely badly. On the other hand many of the largest corporations are still controlled by the families of their founders.
- cscurmudgeon 3y ago
  > Eh I would say Socialism as practiced in Western Europe and the Nordics is doing better It is not an easy comparison. They have the luxury of the US taxpayers taking care of their defense while they propped up Russia, which US is also paying the most by a large margin to fix now [1, 2, 3]. Hilariously US socialists are against US defense spending except when it comes to US spending on Europe. They also have the luxury of oil money which American "socialists" are totally against [4]. All in all, a pretty neat scam if you ask me. [1] https://carnegieendowment.org/politika/88764 https://carnegieendowment.org/politika/88764 [2] https://www.youtube.com/watch?v=eKEycjREgPE https://www.youtube.com/watch?v=eKEycjREgPE [3] https://en.wikipedia.org/wiki/List_of_military_aid_to_Ukraine_during_the_Russo-Ukrainian_War#U https://en.wikipedia.org/wiki/List_of_military_aid_to_Ukrain... [4] https://www.barrons.com/news/norway-earns-record-oil-gas-revenue-after-ukraine-war-2ac312bd https://www.barrons.com/news/norway-earns-record-oil-gas-rev.... Edit: All of what I say is objective. Luxurious Western Europe and Nordic "socialism" can't survive without gullible US taxpayers footing the bill over decades.
  - camgunz 3y ago
    Arguably the US caused the Russia problem with the aggressive expansion of NATO, and the failure to defend Crimea, so this seems fair. Also the US produces a bonkers amount of oil; dunno what your point is here. EDIT: how could I forget Trump's undermining of NATO, cozying up to Russia, and withholding aid to Ukraine?
    - cscurmudgeon 3y ago
      1. NATO doesn't need Russia's permission to expand. 2. All I am saying is socialism that exists due to the benevolence of capitalism and exploiting nature is not real socialism and is not sustainable. 3. > how could I forget Trump's undermining of NATO, cozying up to Russia, and withholding aid to Ukraine Wasn't Trump the one who warned the snickering Europeans against Russia? Even if that is the case, it doesn't go against my point #2.
penneallagricia 3y ago
I mean, fuck Churchill and that quote, constantly abused to protect a horrible system by people who are too deep in it to even conceive an alternative.

camgunz 3y ago

Eh I would say Socialism as practiced in Western Europe and the Nordics is doing better. They're out doing the US in most important metrics, and they're trending more Socialist (though we'll see what intensifying climate migration and other climate change consequences bring).

davidw 3y ago
Anyone who thinks that, say, Denmark is not a mixed economy with a strong bit of capitalism as well as a strong social safety net has never dealt with a kid who wants to buy lots of Lego.
- camgunz 3y ago
  There are important differences between Denmark and the US though. Aren't we saying the same thing?
  - Kamq 3y ago
    > There are important differences between Denmark and the US though. On the human level, sure. On the level of "fundamental economic system" (which is, I believe, the line of discussion), there really aren't. They're both WEIRD countries with market based-economies and a social safety net. They both end up at the top of the lists on economic power (adjusted for population). The differences between them are political fine-tuning of the system to target an extra 5-10% of the population with the safety net, or to target those people in different ways. That's incredibly minor in terms of economic systems. When comparing two different economic systems, you tend to see differences on the order of "mass-famines" and "percentage of the population involved in subsistence farming".
    - camgunz 3y ago
      There are large differences though. The US poverty rate is 2.5x higher than Denmark's (15% to 6%). Denmark's life expectancy is 6 years longer. The kinds of policies you'd need to close that gap in the US would be transformative. > When comparing two different economic systems, you tend to see differences on the order of "mass-famines" and "percentage of the population involved in subsistence farming". There are plenty of capitalist countries that do a lot of subsistence farming.
      - Kamq 3y ago
        > The kinds of policies you'd need to close that gap in the US would be transformative. I disagree. When laid against things like the end of mercantilism, I don't think that qualifies as transformative. I think the effects would look pretty much like the existing US system, because Denmark looks pretty close to the current US system by the standards we're talking about. If you want to argue they'd be fundamentally different, you can make a case, but I'd like to know why they would produce different results. > There are plenty of capitalist countries that do a lot of subsistence farming. Do you have some examples? The areas I'm aware of that practice subsistence farming, don't have a long history of leaving the means of production alone in private hands for very long.
        sudosysgen 3y ago
        > Do you have some examples? The areas I'm aware of that practice subsistence farming, don't have a long history of leaving the means of production alone in private hands for very long. This is not correct. Under, for example, the Roman Empire, privately held land was routinely leased to free men, either for a share of the produce (métayage) or for a fixed fee. This practice lasted hundreds of years. The end of subsistence farming has everything to do with technology and nothing at all to do with capitalism. In the eigth century in France, around 50% of the land was under a sharecropping-like system, too. This page, and the page in French wiki it links in the intro, give a good rundown of capitalist-like subsistence farming in antiquity and the middle ages : https://en.m.wikipedia.org/wiki/Metayage https://en.m.wikipedia.org/wiki/Metayage
chanakya 3y ago
A core element of socialism is that all industries and natural resources are state-owned. European countries are capitalist, not socialist, and got where they are by being so.
- camgunz 3y ago
  Sure, I'm saying: - there are big differences between US capitalism and European social democracy - European social democracies are trending more socialist all the time > European countries are capitalist, not socialist, and got where they are by being so. Ehhhh communist movements, multiple devastating wars, and unions had a hand in it too.
  - rsynnott 3y ago
    > - European social democracies are trending more socialist all the time Eh? Which ones? As a European this is very much news to be; not much seizing of the means of production going on. If anything, some divesting of the means of production; heavily regulated privatisation of state energy, transport etc monopolies has been going on all over Western Europe for a while. I realise that in the US, the colloquial definition of ‘socialist’ these days is more or less “not actively going around kicking poor people”, but the idea that Europe is becoming more socialist by any reasonable definition is a bit out there.
    - camgunz 3y ago
      There's a recent rightward shift for sure, but long term benefits are increasing, unions are gaining power, and you're seeing people use democracy to force industry to adopt green policies. This is the power dynamic described by socialism: people control companies, not the other way around.
      - constantcrying 3y ago
        >you're seeing people use democracy to force industry to adopt green policies No, you are seeing governments force green policies against the will of the majority.
constantcrying 3y ago
All these countries are market economies with tax funded social services. Not "Socialist" under any meaning of that word. >they're trending more Socialis Indeed. More and more ridicolous taxes and less and less useful social investments.
christkv 3y ago
Social democracy is not socialism. Please don’t confuse the two because they are still miles away from each other.
- camgunz 3y ago
  I think that it is. Socialism is where the workers own the means of production. I think a democracy that's nationalized significant industries fits that description, e.g. France: > 1982 François Mitterrand's proposals in the 110 Propositions for France and alliance with Jean-Pierre Chevènement's Socialist Party faction CERES, committed France to an explicitly socialist ‘rupture with capitalism’. Full nationalisation (100%): the Compagnie Générale d'Electricité, the Compagnie Générale de Constructions Téléphoniques, Pechiney-Ugine-Kuhlmann, Rhône-Poulenc, Saint-Gobain-Pont-à-Mousson, Thompson-Brandt. Partial nationalisation (51%+): Dassault, Honeywell-Bull, Matra, Roussel-Uclaf, Sacilor, Usinor. Thirty-nine banks, two financial houses, and the remaining 49% of the SNCF were also nationalised, taking the size of the French state to unprecedented levels within a year of Mitterrand's election as president in 1981.
  - constantcrying 3y ago
    >Socialism is where the workers own the means of production. Clearly that is not the case in any European country. >Dassault Literally family owned. I don't think you realize just how capitalist European countries really are. State owned corporations are usually quite rare and generally known for being run extremely badly. On the other hand many of the largest corporations are still controlled by the families of their founders.
cscurmudgeon 3y ago
> Eh I would say Socialism as practiced in Western Europe and the Nordics is doing better It is not an easy comparison. They have the luxury of the US taxpayers taking care of their defense while they propped up Russia, which US is also paying the most by a large margin to fix now [1, 2, 3]. Hilariously US socialists are against US defense spending except when it comes to US spending on Europe. They also have the luxury of oil money which American "socialists" are totally against [4]. All in all, a pretty neat scam if you ask me. [1] https://carnegieendowment.org/politika/88764 https://carnegieendowment.org/politika/88764 [2] https://www.youtube.com/watch?v=eKEycjREgPE https://www.youtube.com/watch?v=eKEycjREgPE [3] https://en.wikipedia.org/wiki/List_of_military_aid_to_Ukraine_during_the_Russo-Ukrainian_War#U https://en.wikipedia.org/wiki/List_of_military_aid_to_Ukrain... [4] https://www.barrons.com/news/norway-earns-record-oil-gas-revenue-after-ukraine-war-2ac312bd https://www.barrons.com/news/norway-earns-record-oil-gas-rev.... Edit: All of what I say is objective. Luxurious Western Europe and Nordic "socialism" can't survive without gullible US taxpayers footing the bill over decades.
- camgunz 3y ago
  Arguably the US caused the Russia problem with the aggressive expansion of NATO, and the failure to defend Crimea, so this seems fair. Also the US produces a bonkers amount of oil; dunno what your point is here. EDIT: how could I forget Trump's undermining of NATO, cozying up to Russia, and withholding aid to Ukraine?
  - cscurmudgeon 3y ago
    1. NATO doesn't need Russia's permission to expand. 2. All I am saying is socialism that exists due to the benevolence of capitalism and exploiting nature is not real socialism and is not sustainable. 3. > how could I forget Trump's undermining of NATO, cozying up to Russia, and withholding aid to Ukraine Wasn't Trump the one who warned the snickering Europeans against Russia? Even if that is the case, it doesn't go against my point #2.

penneallagricia 3y ago

I mean, fuck Churchill and that quote, constantly abused to protect a horrible system by people who are too deep in it to even conceive an alternative.