Why socialism and communism does not work.

[Leongsam]

Unfortunately, most of the rich don't have compassion or think they need to give back to society. People like you are few in this world.

How do you know what the rich are doing with their money. Many could be quietly going about the business of helping others without making a big song and dance of the fact.

I have a millionaire friend who paid for the college education of all his less fortunate nieces and nephews because their parents couldn't afford it. Similarly one of my well off Uncles in Singapore paid for the education of one of my cousins. This sort of thing happens regularly behind the scenes.

[cass888]

You can't read. The middle ground is socialism and that sucks too.

'If we reject the present form of (free market) capitalism, we must therefore embrace communism." TS is being intellectually dishonest because there is a middle ground.

[cass888]

Successful my flying foot. All of those countries you named are on the way down. The UK can thank their lucky asses those countries are socialist else the UK is dead in the water.

We have successful socialist democracies in Europe - think Sweden, Denmark, Norway etc.

[winnipegjets]

Successful my flying foot. All of those countries you named are on the way down. The UK can thank their lucky asses those countries are socialist else the UK is dead in the water.

You should eat your foot before you shoot. Please show me how these Scandinavian countries are on the way down.

[winnipegjets]

You can't read. The middle ground is socialism and that sucks too.

Do you know what is social democracy?

[winnipegjets]

How do you know what the rich are doing with their money. Many could be quietly going about the business of helping others without making a big song and dance of the fact.

I have a millionaire friend who paid for the college education of all his less fortunate nieces and nephews because their parents couldn't afford it. Similarly one of my well off Uncles in Singapore paid for the education of one of my cousins. This sort of thing happens regularly behind the scenes.

We won't see much poverty if the rich are doing their part.

[cass888]

http://frontpagemag.com/2011/steven-...ocialism-work/

http://www.eclectecon.net/2010/03/sw...ervention.html

In the 1970s and into the 1980s, many of my friends hailed Sweden as an example of how well socialism can work. And then as the next two decades unfolded, it became clear that the distorted incentives of a very high social safety net, attempts to save failing industries, and tax the snot out of income earners all contributed to Sweden's precipitous decline relative to the economic performances of the other OECD countries (see the data and references in the video below, h/t Cafe Hayek).

You should eat your foot before you shoot. Please show me how these Scandinavian countries are on the way down.

[cass888]

Do you know what is social democracy?

Socialism whether via authoritarianism or democracy will fail due to the greed of people.

[winnipegjets]

http://frontpagemag.com/2011/steven-...ocialism-work/

http://www.eclectecon.net/2010/03/sw...ervention.html

In the 1970s and into the 1980s, many of my friends hailed Sweden as an example of how well socialism can work. And then as the next two decades unfolded, it became clear that the distorted incentives of a very high social safety net, attempts to save failing industries, and tax the snot out of income earners all contributed to Sweden's precipitous decline relative to the economic performances of the other OECD countries (see the data and references in the video below, h/t Cafe Hayek).

2013 Survey!
http://www.economist.com/blogs/schum...173f4f0f060a07

http://www.economist.com/news/specia...173f4f0f060a07

And it is by a right-wing news magazine!!!!

[neddy]

3. Socialism does not work because human beings and economy are too complicated for the sort of central planning put forward by socialism. Even govt should not pretend to know everything about how economies work and distort the market forces.

2. However, there is a need for certain welfarism to stop social recession. But it is hard to manage welfarism creep. Even Nobel economist, Hayek, spoke of the need for some form of socialism while advocate for free market and small government.

1. Human compassion & dignity marks the difference between human civilisation and the jungle.

[wMulew]

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. <- Opposition demanding we punish the rich to feed the poor

2. What one person receives without working for, another person must work for without receiving. <- Opposition demanding more welfare

3. The government cannot give to anybody anything that the government does not first take from somebody else. <- Dumbfuck retarded opposition supporters complaining about the already low government taxes yet demand more help for the poor

4. You cannot multiply wealth by dividing it! <- Opposition constantly demanding using of reserves

In short opposition will ruin this great country

[cass888]

Welfare creep is already happening in Singapore.

But it is hard to manage welfarism creep. Even Nobel economist, Hayek, spoke of the need for some form of socialism while advocate for free market and small government.

[neddy]

Welfare creep is already happening in Singapore.

In situations where there is no level playing field where cheap foreign workers take over local jobs and push down wages, where extreme income inequalities exist, you will expect some form of welfare "creep" to keep the social stability. The alternative is to export poor/jobless Singaporeans over to those FT home countries with very low cost of living so their savings can last longer.

[syed putra]

damn right socialism does not work. That's because the whole world is bent on believing the rich to be above the law and are considered too damn precious to fail.
When the rich achieves a certain state, they dominate, dictate and control the market thus hampering smaller rivals from competing.

[joetys]

I always think if India has communism or socialism it will not be in this shit hole today. What do you guys think?

[cass888]

India has too much democracy. A Communist Party of China using capitalism as a model as they do in China could have made India as vibrant as China.

I always think if India has communism or socialism it will not be in this shit hole today. What do you guys think?

[The_Hypocrite]

Charity is sometimes a dangerous game. There is not point supporting trailer park trash and other drags of society who dont make an effort to improve thier lot and leech on socity. I also believe in culling. Retards n those who have no economic value should not b around. They cost too much to feed. In the old days they wont have survive. Sometimes nature needs to take its course

Not when you do it with a Christian Humanitarian organization. Or you can donate to church, they have missions to developing countries to fund orphanages.

SG problem is low compared to other South East Asians countries, they need more help than Singaporeans, 80% of whom owns a HDB flat with cost half a million.

Legislation is good in one way or another because the state mandates we have to help the weak, poor and the needy. This will inculcate the young to have such values during young age.

[soIsee]

Not true leh.

look at the Muds.

In a capitalist system where rewards are given if efforts are made.

They never seem to put in the effort leh!

But still can take the rewards!

[mojito]

You can't read. The middle ground is socialism and that sucks too.

There are other ways to aid private businesses without protecting the local workforce. Just because most socialists advocate social programs does not mean you should reject their preference for intervention in the labour market. That would be an ad hominem fallacy and surely you are not an unreasonable person.

[nirvarq]

Compassion has to be a personal quality not a government policy. You cannot legislate compassion.

I am 100% against any form of social welfare. However, that does not mean I am not compassionate. I support my disadvantaged friends quietly usually without them knowing it.

For example there is a cyclist in our group who can no longer work because he suffered from a brain injury as a result of being knocked off his bike. He recovered but he's never going to be 100%. He still rides with us regularly but he can no longer race and I learned he had difficulty with the cost of maintaining a bike.

To help him out, I quietly told the bike shop to bill him 10% of the cost of repairs and send the bill for the balance of 90% to me so when he needs $200 worth of repairs and spare parts, he only pays $20 and I pay $180. However, he is not aware of this which is the way I want it.

The owner of the bike shop found out about this arrangement recently and chipped in and waived all labour charges so everyone is a winner.

That is what compassion is all about. It's from one human to another. Forcing me to pay high taxes in order to feed some lazy bastard who can't be bothered to work is not compassion. It's daylight robbery.

If we all play our part in our own way, mankind will be better off. We don't need governments to get involved.

How do you help your fellow human beings?

Points !