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Gen Z and Millennials increasingly are calling for "democratic socialism" and even Communism in the US.
I have heard the same copy-and-paste arguments over and over, so I'd like to lay them all out to see the answers that the armchair economists may have
1) In states that have more social programs like California, we see residents with the highest taxes moving to other states. Why wouldn't the same thing happen, where minds and businesses leave the country. if we had Socialism/communism at the national level?
2) When the argument is made that socialist countries like Venezuela, CCP, and Soviet Russia, have problems where food is scarce and the grocery stores are bare, I hear the counter argument: You're confusing a dictatorship with communism/socialism.
Couldn't I make the same argument for your criticism of Capitalism?
3) I often hear that Real Communism or Democratic Socialism hasn't been tried yet. Why would we test that out now, when it has had such a high failure rate?" Also why do you ignore the "absolute power corrupts absolutely" philosophical model that is the core problem that U.S. democracy attempt to solve in the first place. Why would giving more power to the government be beneficial, when they are susceptible to the same human impulses?
4) the majority of the richest people and wealthiest companies exist in the US. I think its pretty bipartisan to agree that Corporation and politicians are in cahoots, Why would any politician implement full-blown socialism when they have partnerships with multi-billion dollar corporations? Also do you think voting in an "outsider" who would change this would really work? especially considering the fact these multi-billion dollar corporations, many of them being social media platforms, control the vast amount of information to the public and have more election influence than the politicians themselves?
I have heard the same copy-and-paste arguments over and over, so I'd like to lay them all out to see the answers that the armchair economists may have
1) In states that have more social programs like California, we see residents with the highest taxes moving to other states. Why wouldn't the same thing happen, where minds and businesses leave the country. if we had Socialism/communism at the national level?
2) When the argument is made that socialist countries like Venezuela, CCP, and Soviet Russia, have problems where food is scarce and the grocery stores are bare, I hear the counter argument: You're confusing a dictatorship with communism/socialism.
Couldn't I make the same argument for your criticism of Capitalism?
3) I often hear that Real Communism or Democratic Socialism hasn't been tried yet. Why would we test that out now, when it has had such a high failure rate?" Also why do you ignore the "absolute power corrupts absolutely" philosophical model that is the core problem that U.S. democracy attempt to solve in the first place. Why would giving more power to the government be beneficial, when they are susceptible to the same human impulses?
4) the majority of the richest people and wealthiest companies exist in the US. I think its pretty bipartisan to agree that Corporation and politicians are in cahoots, Why would any politician implement full-blown socialism when they have partnerships with multi-billion dollar corporations? Also do you think voting in an "outsider" who would change this would really work? especially considering the fact these multi-billion dollar corporations, many of them being social media platforms, control the vast amount of information to the public and have more election influence than the politicians themselves?