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10-02-2021, 02:25 AM
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#1
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Valued Poster
Join Date: Jan 9, 2010
Location: Nuclear Wasteland BBS, New Orleans, LA, USA
Posts: 31,921
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Atlas Shrugged letter
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10-02-2021, 09:57 AM
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#2
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Valued Poster
Join Date: Apr 29, 2013
Location: Milky Way
Posts: 10,954
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Quote:
You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the effort of men who are better than you.
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MisesInstitute
https://mises.org/
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Your support helps us continue to make the sound economic principles of Mises, Hazlitt, Hayek, Rothbard, and Hoppe free to the world at a time when they are needed more than ever.
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Austrian superiority?
Sounds familiar.
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10-02-2021, 10:12 AM
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#3
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Valued Poster
Join Date: Apr 29, 2013
Location: Milky Way
Posts: 10,954
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Economic Calculation in the Socialist Commonwealth
https://www.goodreads.com/book/show/...t_Commonwealth
Quote:
This is the essay that overthrew the socialist paradigm in economics, and provided the foundation for modern Austrian price theory. When it first appeared in 1920, Mises was alone in challenging the socialists to explain how their pricing system would actually work in practice.
Mises proved that socialism could not work because it could not distinguish more or less valuable uses of social resources, and predicted the system would end in chaos. The result of his proof was the two-decade-long "socialist calculation" debate. This new edition contains an afterword by Joseph Salerno, who applies the calculation argument to contemporary problems like environmentalism and business regulation.
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10-02-2021, 10:19 AM
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#4
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Valued Poster
Join Date: Apr 29, 2013
Location: Milky Way
Posts: 10,954
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Why You Should Be a Socialist
https://www.goodreads.com/en/book/sh...be-a-socialist
Quote:
America is witnessing the rise of a new generation of socialist activists. More young people support socialism now than at any time since the labor movement of the 1920s. The Democratic Socialists of America, a big-tent leftist organization, has just surpassed 50,000 members nationwide. In the fall of 2018, one of the most influential congressmen in the Democratic Party lost a primary to Alexandria Ocasio-Cortez, a 28-year-old socialist who had never held office before. But what does all this mean? Should we be worried about our country, or should we join the march toward our bright socialist future? In Why You Should Be a Socialist, Nathan J. Robinson will give readers a primer on twenty-first-century socialism: what it is, what it isn’t, and why everyone should want to be a part of this exciting new chapter of American politics.
From the heyday of Occupy Wall Street through Bernie Sanders’ 2016 presidential campaign and beyond, young progressives have been increasingly drawn to socialist ideas. However, the movement’s goals need to be defined more sharply before it can effect real change on a national scale. Likewise, liberals and conservatives will benefit from a deeper understanding of the true nature of this ideology, whether they agree with it or not. Robinson’s charming, accessible, and well-argued book will convince even the most skeptical readers of the merits of socialist thought.
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10-02-2021, 10:48 AM
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#5
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Valued Poster
Join Date: Jun 5, 2017
Location: austin
Posts: 23,131
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Socialism in any form has never worked!
Always leaves that country broke and corrupted. And leaving the citizens hungry and with no work
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10-02-2021, 11:04 AM
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#6
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Valued Poster
Join Date: Apr 29, 2013
Location: Milky Way
Posts: 10,954
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What we need in this country is virtual money.
Gary Gensler Says Crypto Is a ‘Wild West.’ Others See Pure Capitalism
https://www.coindesk.com/policy/2021...re-capitalism/
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People may get hurt.
“This crypto space is now certainly of a size that without those investor protections of banking, insurance[and] securities laws [and] market oversight, I do think somebody is going to get hurt,” Gensler told the Financial Times Wednesday. “A lot of people are likely to get hurt.”
Recently, in crypto, there have been a number of instances where bad or ambiguous actors capitalized on the misfortune of others. So-called decentralized platforms are often more centralized than advertised, leaving backdoors for knowledgable people to exploit. And hastily written code is often ridden with unintentional errors.
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10-02-2021, 11:27 AM
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#7
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 61,274
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Quote:
Originally Posted by winn dixie
Socialism in any form has never worked!
Always leaves that country broke and corrupted. And leaving the citizens hungry and with no work
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In any form?
Public schools?
Medicare?
Social Security?
Never worked here?
Never worked in Europe either?
In any form?
So many questions raised by one simplistic answer.
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10-02-2021, 11:29 AM
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#8
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Valued Poster
Join Date: Oct 1, 2013
Location: Dallas TX
Posts: 12,555
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Hmm gov controlling all , ( look at post about irs and 600 dollars ) Marxism / socialism never worked
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10-02-2021, 11:30 AM
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#9
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Valued Poster
Join Date: Apr 29, 2013
Location: Milky Way
Posts: 10,954
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Quote:
Originally Posted by winn dixie
Socialism in any form has never worked!
Always leaves that country broke and corrupted. And leaving the citizens hungry and with no work
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Quote:
Originally Posted by Yssup Rider
In any form?
Public schools?
Medicare?
Social Security?
Never worked here?
Never worked in Europe either?
In any form?
So many questions raised by one simplistic answer.
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. . . the Veterans Administration?
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10-02-2021, 12:30 PM
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#10
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Valued Poster
Join Date: May 20, 2017
Location: Kansas City
Posts: 5,453
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Wow! Yussup hasn't changed. Bombs his own narrative. Medicare, Social Security, and Public Schools and he thinks that they are successes. So out of touch with reality. First, they are not examples of socialism and second, they are not successes. We rank where now for education...something like 25? Medicare is going to go broke very soon and Social Security has had all it's money stolen.
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10-02-2021, 12:35 PM
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#11
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Valued Poster
Join Date: Apr 29, 2013
Location: Milky Way
Posts: 10,954
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Quote:
Originally Posted by the_real_Barleycorn
Wow! Yussup hasn't changed. Bombs his own narrative. Medicare, Social Security, and Public Schools and he thinks that they are successes. So out of touch with reality. First, they are not examples of socialism and second, they are not successes. We rank where now for education...something like 25? Medicare is going to go broke very soon and Social Security has had all it's money stolen.
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And the VA? Is that Socialism? Is that working?
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10-02-2021, 03:27 PM
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#12
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Premium Access
Join Date: Mar 16, 2016
Location: Steel City
Posts: 8,208
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Quote:
Originally Posted by eccieuser9500
And the VA? Is that Socialism? Is that working?
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It’s definitely better since Trump’s reforms. It’s not socialism, it’s a fringe benefit.
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10-02-2021, 03:31 PM
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#13
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Valued Poster
Join Date: Apr 29, 2013
Location: Milky Way
Posts: 10,954
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Quote:
Originally Posted by Jacuzzme
It’s definitely better since Trump’s reforms. It’s not socialism, it’s a fringe benefit.
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Right! Like Social Security. Work for it, and benefit on the back end. Sir!
Glad your on our, Liberal, side.
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10-02-2021, 03:33 PM
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#14
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Valued Poster
Join Date: Jun 5, 2017
Location: austin
Posts: 23,131
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Repeat
Socialism does not work. literally
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| 1 user liked this post
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10-02-2021, 06:02 PM
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#15
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Valued Poster
Join Date: Jan 9, 2010
Location: Nuclear Wasteland BBS, New Orleans, LA, USA
Posts: 31,921
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Quote:
Originally Posted by eccieuser9500
. . . the Veterans Administration?
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Quote:
Originally Posted by eccieuser9500
And the VA? Is that Socialism? Is that working?
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Quote:
Originally Posted by Jacuzzme
It’s definitely better since Trump’s reforms. It’s not socialism, it’s a fringe benefit.
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VA was the closest thing to socialism before trumps reforms.
with regard to democratic socialist of Europe, they're mostly socialist, but they are not true socialist as they have a market economy that greases the wheels of socialism. take free market out of the equation, socialism fails. it fails because it doesn't have a benchmark to work from.
look at the failed socialist states.
North Korea
Cuba
Vietnam (before 1982)
China (before 1992)
USSR (NRIP)
Venezuela
I believe Mexico dabbled in it before they ditched after the socialist president died.
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