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Socialism's Endless Refrain: This Time, Things Will Be Different - Quillette
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Zzyzx_Road
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Excellent article. Need to pass it on to the socialists in your circles with the fundamental message that it’s not going to be different next time.
All socialism is based on other people’s money. In the case of Venezuela, that was the oil industry which was nationalized and eventually gutted in order to feed the feeding frenzy at the top as well as at the bottom. Far too little thought was given to new exploration, ongoing cost control and infrastructure maintenance while the corruption and the self dealing at the top ran riot. Consequently, the PVDSA (the Venezuelan state-owned oil company) is now a shadow of its former self and is no longer able to fund the socialist dream because they never prepared for the possibility of lower oil prices. As Venezuela’s economy was a one-trick pony, its precipitous fall without that one trick was predictable. It was just a matter of time.
South Africa is no longer covered in the West media as compared to the glory days of the socialist Mandela’s takeover in the 1990’s. Again, corruption reigns there and some of its cities are among the most murderous in the world.
Yes they keep saying it’ll be different this time. No, it cannot for it is not possible to have socialism in any large enough country without the government control needed to enforce it. Which the Quillette article points out very well. The power of a socialist regime is in the point of a gun that backs up the taxing power of the state. Just no other way for this to work.
Yet it keeps coming back because jealousy of what the “haves” have rules so many minds. There’s a good reason for the inclusion of the Tenth Commandment.
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YourNameHere
Guest
It matters not whether it is a left-wing regime or a right-wing regime, a totalitarian government is wrong.
People on the left demonized people on the right, and vice versa.
The best thing is a capitalistic system that is heavily regulated.
Some socialistic plans, for example social security and medicare, do work well.
There must be regulations to keep management from hurting the working class, whether it be unfair low wages, too many working honors, and lack of vacation time.
Funding the correct balance is the key.
People on the left demonized people on the right, and vice versa.
The best thing is a capitalistic system that is heavily regulated.
Some socialistic plans, for example social security and medicare, do work well.
There must be regulations to keep management from hurting the working class, whether it be unfair low wages, too many working honors, and lack of vacation time.
Funding the correct balance is the key.
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vsedriver
Guest
I would prefer unions to negotiate this than for the government to control it.
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Pattylt
Guest
I would too but most US states are “Right to Work” states and management will get rid of any employees that are actively trying to unionize. Unions have a bad rep due to communist infiltration in the past and horrible corruption in the large unions.
Shop unions are very democratic and can work very well…giving voice to the employees that is too often lacking. Management will fight it tooth and nail, however, and due to union history many employees have a very negative attitude about them.
Shop unions are very democratic and can work very well…giving voice to the employees that is too often lacking. Management will fight it tooth and nail, however, and due to union history many employees have a very negative attitude about them.
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Beryllos
Guest
In the US, both parties seem to agree that spending other people’s money is acceptable, so long as those other people are in the future, and have no say in the matter. That’s what the US national debt is, don’t you know, other people’s money, and truly it is running out. This has me worried.
Great article, by the way. It suggests that the commodity that eventually runs out is solidarity.
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