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60 sats \ 3 replies \ @Akg10s3 6 Aug \ on: Socialism In Plain Sight econ
This is a good take on this idea.
I come from a country that is currently still socialist, but very extreme!
Which is bleeding the nation dry, if not already dead...
The United States, a country whose main emblem is capitalism, and a president who emphasizes his nationalism every chance he gets amidst so much garbage politics, applies socialist concepts, and for better or worse, they mostly work!
I think politicians paint you a capitalist image to win the campaign, and then they let that idea go for a bit and dip their toes into socialism!
Freedom, even in small doses makes a big impact. Look at China. The US could be so much more prosperous if we ditched socialism.
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Disagree.
The most prosperous era for USA was its mixed economy post WW2- till about 1975 when corporates took control of your government.
Chinas mixed economy is far more effective.
Free market ideologs ignore the reality that governments have a major influence over the wealth of nations and that allowing powerful industry lobbyists to control a government as has been the case in the US for decades now leads to economic decline and loss of competitive advantage.
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