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Old 04-25-2018, 03:00 PM
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Default Re: Finland is killing its world-famous basic income experiment

Quote:
Originally Posted by WallyWager View Post
Oh it's true that socialism has gained in popularity among millenials, and it's also true that capitalism has seen a decline. Probably has less to do with secret socialist agents in colleges, and more to do with that generation having to enter the greater economy and the job market when the Great Recession hit. That on top of having to deal with slow wage growth, lesser career prospects than their parents, the growing burden of an already massive student debt bubble, and the worsening gap in economic and income inequality.

And when we point out these real problems in the current economic climate, problems that don't just affect the younger generation, we get dismissed as being brainwashed by some socialist cabal of educators.

I'm not totally on board with a universal basic income even if I can see its merits, and I'm definitely no socialist, but maybe captialism needs to improve and market itself better should it want to maintain its lead in our marketplace of economic ideas.

Also I have yet to see some sort of growth among politicians pledging to seize the means of production lol. Some have moved left, but not near that extreme.
Capitalism works every time it's tried. However, we don't have pure capitalism in this country, we have crony capitalism. Too many politicians greasing the skids for their donors.

Socialism on the other hand, is being promoted by the leftist college professors that more than likely, have never held a meaningful job outside the educational field and are teaching based on "theory". To them, Socialism is the be all, end all to solve the worlds problems as they seem to ignore it's failures in every instance it has been tried.

As for politicians promising to seize the means of production, look no further that Maxine Waters.

Quote:
Waters told the president of a major oil company to “guess what this liberal would be all about? This liberal would be all about socializing — uh, uh, would be about basically taking over and the government running all of your companies.” One renowned commentator, who said Waters made an absolute total fool of herself, points out that the congresswoman’s associates can be heard laughing in the video of the embarrassing exchange.
FLASHBACK: Maxine Waters Once Said She Wants To “Socialize” America’s Oil Companies (VIDEO) – American Lookout
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