bens_dad: (Default)

[personal profile] bens_dad 2022-05-23 05:58 pm (UTC)(link)
3. The paper compares socialist and capitalist countries with similar levels of gross national product per capita GNP/c, as a measure of economic development. However, it is not at all obvious to me that equal economic development will result in similar GNP/c under capitalist and socialist systems. Wouldn't a capitalist system be more likely to maximize GNP/c than a socialist one ?
ng_moonmoth: The Moon-Moth (Default)

[personal profile] ng_moonmoth 2022-05-23 07:18 pm (UTC)(link)
1. Reavers!
3. Yeah, sounds like just exactly opposite the way the US is running things these days. I am pleased that the best results come from universal services that are democratically managed: in other words, a monolithic state-run service is marginally, if at all, better than a monolithic or oligarchic service run for profit.
dewline: Text - "On the DEWLine" (Default)

[personal profile] dewline 2022-05-23 10:25 pm (UTC)(link)
2. I want to read this, but "Subscriber-only" blocks are in place.

3. I am becoming increasingly skeptical about the value of capitalism as the decades go by. Naturally, its defenders become more fanatical in reply.

5. I think the UK efforts really are focused on getting rid of human rights protections as guaranteed via ECHR and the like. Putin, Banks, etc. really want those protections dead, dead, dead. And the Good Friday Agreement stands in the way of that slaughtering of human rights.

[personal profile] anna_wing 2022-05-24 12:39 pm (UTC)(link)
The definitions of "capitalism" and "socialism" are so vague in common usage that I don't find them very useful as terms. But there are still a few places in the word where a largely command-based economy does exist (and Russia and Myanmar appear to be heading rapidly back in that direction). It is possible, though not necessarily easy, to go and see what life is like there. I also know a fair number of people who remember what it was like to live in a command economy (there used to be several in Asia), and they have very clear views on the subject too.
Edited 2022-05-24 12:43 (UTC)