AgTalk Home
AgTalk Home
Search Forums | Classifieds (71) | Skins | Language
You are logged in as a guest. ( logon | register )

Greenspan on Socialist economy
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
Q500
Posted 5/20/2019 23:55 (#7509299 - in reply to #7508490)
Subject: RE: Greenspan on Socialist economy


western colorado

Grhog - 5/20/2019 18:11 I do not follow the socialism to dictator connection. You can and do have socialism in a democracy. Political systems are a different topic then economic models.


There are a couple of different scenarios to look at as to why the benevolent dictator idea would work but in the long term never does.  The most important point to make is if it is a strictly socialist economy/political system every thing has to (I'll again state it) PERFECT!  So the only realistic way to do this is to put the people in power that are good at ruling and leave them there, no elections, no discourse, no vocal public opinion.  In the past there has a been some very successful socialist regimes.  This brings me to the next failure of that system.  They usually rule for a lifetime until they die or a coup happens.  This almost always leads to a major failure because the new ruler/dictator does things differently and loses or appoints new people in charge of compartments of government that have to learn what and how things are successful.  I think the key to a long term successful socialist regime is to have as little change as possible.  So I'll pose the next question that is a major failure point IMO.  How does a Republic handle change?  The answer is it welcomes it with open arms.  That is its foundation.  Regular elections, regular appointments to cabinet positions and the list goes on and on.  Like a wise man once said the only constant is change.  That is what a democratic republic was built on in my opinion.  If I had my way things would be much different and way more similar economically and politically to the turn of the 20TH century with a few tweaks to inequality and a very heavy handed approach to market manipulation.     

Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)