I Hate Socialism

[Revoltingest]

Hits and misses. Renault and Volkswagen are performing reasonable.

And when they sin, they can be prosecuted & fined.
Try that with a government owned corporation.

 

[Estro Felino]

It was hits and misses. Many of them have now been privatised. Which also had good and bad effects. Ideally there should be government owned or partly government owned utilities and corporations but no government monopolies. Keeps the clerks on their toes and the capitalists from gouging (learned that).

There is so much need to reform this great EU which I immensely love and praise.
And to turn it into the real Socialist State that guarantees social equality in all the EU members.

 

[Heyo]

And when they sin, they can be prosecuted & fined.
Try that with a government owned corporation.

They are government owned. Renault 15% by France and Volkswagen 25% by Lower Saxony.

 

[Estro Felino]

When government does own corporations here,
eg, USPS, Fannie Mae, Freddie Mac,
their behavior is even worse that the worst
privately owned corporations, eg...
incompetence, imperious abuse of customers,
financial mismanagement.

Private sector corporations that perform poorly
can go out of business. But government owned
corporations live on forever, continuing their
record of woe because Darwin can't weed'm out.

Scandinavia has countless state-owned businesses. The National Banks, to begin with.
Unfortunately the Capitalists hate the State with perfect hatred because they would want to own the firms and the banks that the State owns, instead.
Do you agree?

 

[Revoltingest]

They are government owned. Renault 15% by France and Volkswagen 25% by Lower Saxony.

That sounds mostly privately owned to me.

 

[Nakosis]

Laissez faire capitalism did qualify as being "evil" since there were no safety nets other than charity, which wasn't enough during hard times especially. Victor Hugo captured that quite well, imo, with his historical fiction book "Les Misérables".

Yes we'll one needn't search fictional narratives to find the evil done in the name of socialism.

Evil is in the hearts of men, not in the hearts of economic policies.

 

[Revoltingest]

Scandinavia has countless state-owned businesses. The National Banks, to begin with.
Unfortunately the Capitalists hate the State with perfect hatred because they would want to own the firms and the banks that the State owns, instead. To satiate their infinite greed for money.
Do you agree?

I do hate state owned banks.
I dealt with one....Citizens NA (owned by RBC,
which is owned by the British government).
It was the nastiest lender I've ever dealt with.
Unreasonable & abusive they are.
I refinanced with a privately owned local bank.
Now things are hunky dory.

Under socialism I'd have no choice.
Under capitalism, I can choose my bank.

 

[Heyo]

That sounds mostly privately owned to me.

It is, but the revenue isn't to scoff at.

 

[Estro Felino]

I do hate state owned banks.
I dealt with one....Citizens NA (owned by RBC,
which is owned by the British government).
It was the nastiest lender I've ever dealt with.
Unreasonable & abusive they are.
I refinanced with a privately owned local bank.
Now things are hunky dory.

Under socialism I'd have no choice.
Under capitalism, I can choose my bank.

Yes. The difference is that the private sector and the public sector (called Public Administration in my country) are poles apart. The first is like a bottomless pit, that worships the profit maximization as an idol.
The second aims at solving the citizens' problems even if it's necessary to spend more money.

 

[Revoltingest]

It is, but the revenue isn't to scoff at.

Have I scoffed?

Think of the concept of ownership as extensive
control. Merely owning a minority percentage of
stock isn't ownership in the sense that owning
means running the company.
Fannie Mae & Freddie Mac are privately owned,
but the federal government exerts control over
how they're run, eg, refusal to renegotiate troubled
loans in preference to foreclosure.
Trivia....
Fannie Mae & Freddie Mac pay no state or local
income taxes by law. In many years, they pay no
federal income tax, despite a huge loan portfolio.
And they've gotten billions of dollars in bail-outs.

 

[Revoltingest]

. The first is like a bottomless pit, that worships the profit maximization as an idol.

Better than worshipping Putin & socialism.

The second aims at solving the citizens' problems even if it's necessary to spend more money.

Government is the biggest cause of citizen's problems.

 

[Estro Felino]

Better than worshipping Putin & socialism.
.

I prefer to idolize Putin, because thanks to him, the Russian State has the 50% of Gazprom stakes.
I pray God Almighty that the Russian State may own the 70% or even the 80% of such stakes.


My God is on Putin's side.

 

[Lyndon]

I prefer to idolize Putin, because thanks to him, the Russian State has the 50% of Gazprom stakes.
I pray God Almighty that the Russian State may own the 70% or even the 80% of such stakes.


My God is on Putin's side.

that would be the devil

 

[metis]

Yes we'll one needn't search fictional narratives to find the evil done in the name of socialism.

Evil is in the hearts of men, not in the hearts of economic policies.

True, but at least socialism goes beyond just me-ism. If it's truly done as democratic socialist defines, it is far more other-centered than self-centered.

 

[metis]

My God is on Putin's side.

Then that God is evil.

 

[Revoltingest]

I prefer to idolize Putin, because thanks to him, the Russian State has the 50% of Gazprom stakes.
I pray God Almighty that the Russian State may own the 70% or even the 80% of such stakes.


My God is on Putin's side.

You & I have different values & perceptions.

 

[Revoltingest]

True, but at least socialism goes beyond just me-ism. If it's truly done as democratic socialist defines, it is far more other-centered than self-centered.

At least capitalism goes beyond group-ism.
The individual has their own goals, & isn't
coerced into sacrifice for the others.

A wee bit'o other-side-of-the-coin view.

 

[Estro Felino]

You & I have different values & perceptions.

It's absolutely normal. But I deeply respect your vision because I understand the cultural background, the humus that surely influenced it.


And I do hope you understand how distant it is from my perspective. Since it deals with and European education, within a socialistic State. In a socialistic country.

 

[Estro Felino]

Then that God is evil.

Since I believe in the afterlife...
my God is wicked to the wicked.
And is good to the good.

 

[Nakosis]

True, but at least socialism goes beyond just me-ism. If it's truly done as democratic socialist defines, it is far more other-centered than self-centered.

Democratic socialism is not anti-capitalist.

It is capitalism with the addition of a safety net. Nothing wrong with that. We can have the benefits of both capitalism and social consciousness.