This is a flow chart from a leftist/socialist perspective
Then you have socialist governments wasting billions of the tax payer money to rescue shitty state owned companies. Look at Portugal with TAP and Efacec. Socialist party, billions of the tax payer money going down the drain. Those companies were partially or privately owned and the socialist party only rescued it to save these private owners investments.
Liberal economics would actually be telling them to go fuck themselves and give no money to them.
Socialism is defined as the working people either directly owning or democratically controlling the economy. I don’t see how that is the case in any “socialist” country at the moment (speaking of the nordic ones, Portugal, China etc)
Imma bring up an example to maybe explain it easier. North Korea calls itself the “Democratic Peoples Republic of Korea”. In their official understanding/rhetoric they have a democracy in which the administration acts in the interest of the people instead of a few bureaucratic elites. In reality it’s the other way around.
Now, if someone said “Look at what democracy does to a country!!11!”, would you not object?
Then you have socialist governments wasting billions of the tax payer money to rescue shitty state owned companies. Look at Portugal with TAP and Efacec. Socialist party, billions of the tax payer money going down the drain. Those companies were partially or privately owned and the socialist party only rescued it to save these private owners investments.
Liberal economics would actually be telling them to go fuck themselves and give no money to them.
Socialism is defined as the working people either directly owning or democratically controlling the economy. I don’t see how that is the case in any “socialist” country at the moment (speaking of the nordic ones, Portugal, China etc)
Lmao you are literally the ‘but that’s not real socialism/communism’ meme right now 🤣
Imma bring up an example to maybe explain it easier. North Korea calls itself the “Democratic Peoples Republic of Korea”. In their official understanding/rhetoric they have a democracy in which the administration acts in the interest of the people instead of a few bureaucratic elites. In reality it’s the other way around. Now, if someone said “Look at what democracy does to a country!!11!”, would you not object?
God damn that is an excellent, concise refutation of his tired point. Definitely going to borrow that argument in the future
yeah… the cognitive dissonance hurts