Economy Socialist formula on how to destroy a functional economy without war or natural disasters.

One of the funniest things Venezuela did was put caps on what a businesses could sell certain products for, because you know, businesses and capitalism are evil and only hurt the consumer.

So these aggressive caps made selling certain everyday products (say toilet paper, tooth paste, etc) unprofitable to businesses. Why import these products in and stock them if you're going to sell them for a loss? So the businesses stop selling them.

So what happens? Obviously people need toilet paper and tooth paste, so a black market opens up. Now you have to go to the fucking BLACK MARKET to buy your ass wipe, and you're paying many times more than you would if you bought them from a store.

And people want more government intervention. lol
 
US has no business sanctioning any country, with the blood they have on their own hands. Plus disgracefully and brazenly backing a coup. And no I ain't no lefty and I don't like Maduro or his rotten government.
 
I'm a Anarcho syndicalist.

I don't want centralized control. I want worker co-ops, instead of corporations.

Worker co-ops arent illegal my friend, workers can always try to create them and compete in the free market.

They dont because people with good ideas dont want to share in the glory.
 
Worker co-ops arent illegal my friend, workers can always try to create them and compete in the free market.

They dont because people with good ideas dont want to share in the glory.

Corporations are given every institutional advantages to form, and support by law.

Why can't worker co-ops have the same?

Why can't a punishment for institutional fraud, as we have seen in banking, be corrected through the removal of the corporate board, and be replaced by a workers council?
 
Other Latin American countries had problems with their currency too. Brazil fixed it with Plano Real and Chile fixed it with whatever name they gave it.
There are some regional differences but it basically consisted of an independent central bank and a free floating currency. Nothing else worked. Price controls, going after businessmen with dollars, banning imports etc.
Venezuela is obviously doing worse because they had an economy based on oil only and oil prices lowered. That was in part due to Chavismo, they, for example, confiscated all farmland and redistributed to peasants that can't grow shit (modern farming requires agronomists, veterinarians, mechanics, not just guys with hoes) and they're starving now too.
However Argentina is also nearing collapse, again.
https://www.economist.com/the-americas/2019/04/18/mauricio-macri-freezes-prices
LOL. Only the link should make you laugh. Macri freezes prices. WTF.

Some relevant graph:
ars-usd-5-years-chart-desktop.png
 
I know, this place is in ruins, as I'm reading at a stoplight on my smartphone. My fucking bluetooth zonked out for almost 13 seconds and I was already pissed that my subscription steak service took 2 days instead of being overnighted, so I had to eat at a restaurant tonight with the plebs and stare at gross 22 year old cleavage bringing me food and drinks. It's hell on earth. Now I understand why we keep having to abduct several million people ever year to come here.

Have you ever heard of the concept of anecdotal evidence?
 


This reddit was crossposted in many socialist reddits and not a single answer.

Can anyone provide a counter-argument?

How is that socialist and why would anyone care about it?
 
Have you ever heard of the concept of anecdotal evidence?
Yes, I have. It's everybody's anecdote, which is what makes statistics. Do you have any fake stats that I can smash apart that claim a majority of Americans don't have smart phones, broadband, and every other luxury? Last I checked, more Americans have fucking amazon prime than have landline telephones. We've eradicated poverty and are all the way down to bitching that rich people have too much, so if you have something claiming that people here can't afford necessities, just post it.
 
Yes, I have. It's everybody's anecdote, which is what makes statistics. Do you have any fake stats that I can smash apart that claim a majority of Americans don't have smart phones, broadband, and every other luxury? Last I checked, more Americans have fucking amazon prime than have landline telephones. We've eradicated poverty and are all the way down to bitching that rich people have too much, so if you have something claiming that people here can't afford necessities, just post it.

Yeah so our citizens getting slaughtered by insurance companies and a president intentionally trying to destroy the earth is okay cause we have Amazon Prime? Great.

You are living in an alternative universe. We had this great economy and trickle down criminals ruined it. Stay in your lane, tired of you putos shitting on the carpet and wanting a medal for it.
 
#5 is the only one that matters.
No running every industry into the ground because you gave it to one of your lackeys is the one that matters.
The price of oil didn't stop maintenance on the hydro plants laziness and incompetent rulers did it.
 
Yes, I have. It's everybody's anecdote, which is what makes statistics. Do you have any fake stats that I can smash apart that claim a majority of Americans don't have smart phones, broadband, and every other luxury? Last I checked, more Americans have fucking amazon prime than have landline telephones. We've eradicated poverty and are all the way down to bitching that rich people have too much, so if you have something claiming that people here can't afford necessities, just post it.
"We've eradicated poverty"

giphy.gif

[<dunn]
 
Yes, I have. It's everybody's anecdote, which is what makes statistics. Do you have any fake stats that I can smash apart that claim a majority of Americans don't have smart phones, broadband, and every other luxury? Last I checked, more Americans have fucking amazon prime than have landline telephones. We've eradicated poverty and are all the way down to bitching that rich people have too much, so if you have something claiming that people here can't afford necessities, just post it.

Wages have been stagnating the past several decades as corporations squeenze workers harder and harder. And then you're going to take that theft and use it as evidence things are going well. GTFO. People having luxury items doesn't mean shit, we judge people based on a reasonable standard of living today we don't go back to the 1900s and say well we don't have polio anymore things are great!
 
Wages have been stagnating the past several decades as corporations squeenze workers harder and harder. And then you're going to take that theft and use it as evidence things are going well. GTFO. People having luxury items doesn't mean shit, we judge people based on a reasonable standard of living today we don't go back to the 1900s and say well we don't have polio anymore things are great!
It's only a recent thing that there a huge political push for people to get paid for doing nothing. YOU mentioned anecdotal evidence, so how many people do you know who've been slaughtered by insurance companies like you claim? Yeah, none.

I'll post this sometime, but I did compile the cost of living the exact life of my grandparents and it's roughly the same kept up with inflation. The mortgage of the same house was $130/month higher, which I know cause it got sold 3 years ago, and they really had no luxuries. It was about 38,000 with 3 kids.
 
It's only a recent thing that there a huge political push for people to get paid for doing nothing. YOU mentioned anecdotal evidence, so how many people do you know who've been slaughtered by insurance companies like you claim? Yeah, none.

I'll post this sometime, but I did compile the cost of living the exact life of my grandparents and it's roughly the same kept up with inflation. The mortgage of the same house was $130/month higher, which I know cause it got sold 3 years ago, and they really had no luxuries. It was about 38,000 with 3 kids.
No one cares bro. Statistics on wages, production, and cost of living going back decades say otherwise, as do my anecdotes if we're counting those. We haven't seen wealth inequality like this since the 20s...

People in the US go into debt over even healthcare.

And yeah man, who doesn't know someone who has been hosed by an insurance company? Lol, like what? That must be a hell of a bubble you live in.
 
It's only a recent thing that there a huge political push for people to get paid for doing nothing. YOU mentioned anecdotal evidence, so how many people do you know who've been slaughtered by insurance companies like you claim? Yeah, none.

I'll post this sometime, but I did compile the cost of living the exact life of my grandparents and it's roughly the same kept up with inflation. The mortgage of the same house was $130/month higher, which I know cause it got sold 3 years ago, and they really had no luxuries. It was about 38,000 with 3 kids.

..... you know when I brought up anecdotal evidence I was making fun of it right? It's not reliable They kill people. It's not a conspiracy that's what their normal day day to operations are with a different label. One outdated study on this that says 45,000 a year. Doesn't count all the other harms.

There's always been a political push for people to paid for doing nothing, now that it's not rich people, there's a problem. The last thirty years has been a push for rich people to do nothing.

On average people have less mone and wages have been declining so they can't meet the cost of inflation cause the same wage is less. The issue is people having less money and the trickle of inflation serves as a de facto minimum wage reduction even when the wage increases if it's stalled wages still go down. There is a large part of the country where the cost of living would be dirt cheap for people not living there, which is part of why there's been a massive migration to such area's, which in turn raises real estate prices there and that migration spreads.
 
No one cares bro. Statistics on wages, production, and cost of living going back decades say otherwise, as do my anecdotes if we're counting those. We haven't seen wealth inequality like this since the 20s...

People in the US go into debt over even healthcare.

And yeah man, who doesn't know someone who has been hosed by an insurance company? Lol, like what? That must be a hell of a bubble you live in.
Maybe. We haven't seen "wealth inequality like this" because nobody's ever been so rich. It doesn't really help you if your boss is poorer.

I've already said in several other threads that our system of medical insurance hiking the prices for everyone who doesn't have it needs to go. Doesn't mean we need the government to take over the whole thing, but dumbass conservatives need to give an alternative solution.

I really don't know anybody who's been hosed by insurance. I went about 15 years without insurance and basically saved about 90k, minus 200 bucks I spent on having swollen tonsils 2 years ago. The only thing I know that costed more than the 90k I've saved was my dad's cancer treatment. That would have been probably 500k but he was in his 60s.
 
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