Timmy elsewhere

At the ASI:

Socialism\’s dead, get over it.

while Cuba has its praise singers no, \”Sure, they\’ve no freedom and nothing to eat but they do have free health care!\”, is not taken as a valid argument in adult company.

5 thoughts on “Timmy elsewhere”

  1. I visited a kibbutz a few years ago and talked with an old friend who’s a member for 60 years.
    They pay normal taxes, plus a special voluntary levy to help out fellow kibbutzniks who fall on hard times.
    So a very socialist principle, but no compulsion, it’s a bit like a Friendly Society or trade union insurance in a way.
    Whether anyone still joins a kibbutz like that I do not know.

  2. Socialism is not going to be dead when now and for the last thirty years average real wage levels have not kept pace with rising productivity (See Stewart Lansley, Prof R Wolff).So the share of national earnings taken by wages is too low to provide the purchasing-power to buy the stuff produced.
    Since these two ascribe the recent explosion in credit to people borrowing to supplement poor wages,
    while the capitalists and their apologists (running-dogs was always a nice phrase) as usual blame ordinary people for being plain greedy for venturing into subprime ,self certified and interest-only mortgages ,this argument deserves some respect.
    I would suggest that while there are still badly paying capitalists,there are always going to be socialists.

  3. “the capitalists and their apologists (running-dogs was always a nice phrase) as usual blame ordinary people for being plain greedy for venturing into subprime ,self certified and interest-only mortgages ”

    Examples please. This is bollocks.

    The complaint made by capitalists is that the STATE skewed the market by forcing banks to offer subprime loans.

  4. “I would suggest that while there are still badly paying capitalists,there are always going to be socialists.”

    So what? the socialists are still always going to wrong.

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