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Free enterprise or socialism

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XFool
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Re: Free enterprise or socialism

#381359

Postby XFool » January 27th, 2021, 8:01 pm

scrumpyjack wrote:
funduffer wrote:The trouble with this question is that it assumes there is no middle way.
There is a middle way, and I wish we could return to it.

I quite agree and it is so sad that we are well to the left of it at present :D

That's global pandemics for you. :D

mark88man
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Re: Free enterprise or socialism

#381390

Postby mark88man » January 27th, 2021, 10:58 pm

XFool wrote:
88V8 wrote:The media is on the whole, Socialist, which exacerbates the trend.

LOL!

Comedy Gold. :)


some people believe that - swearing that the BBC is full of lefties, when 95% of their political commentators were young conservatives or end up as communication directors in that party

I'm sure Murdoch or Desmond or any of the others would not appreciate the compliment

gryffron
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Re: Free enterprise or socialism

#381739

Postby gryffron » January 28th, 2021, 10:28 pm

XFool wrote:
funduffer wrote:Communism didn’t work.
Tax cuts for the rich, austerity and trickle down economics don’t work.
What if there is nothing that works? :(

"Managed capitalism" in China seems to be working pretty well. Also Vietnam which akaik is the only other country following the same model.

They still have more state control of critical infrastructure (energy/telecoms/steel/oil) than is typical in the west. But unlike the west they don't run their state industries for the benefit of the Unions.

Gryff


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