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Author Topic: Economics  (Read 6347 times)

fqllve

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Economics
« on: March 28, 2011, 08:32:25 pm »
Because I could not follow either of the discussions in the "Issues" thread, and because this seems like a particularly ripe topic that I have almost nothing to say about.

But I would like to read about it!

As I've said, I'm woefully uneducated in economics, but the previous topic of discussion was socialism and communism and how they relate. In my ignorance, I've been lead to believe that socialism is a system whereby the weakest members of society are raised up whereas communism is a system in which the force that drives the economy is put in command. I suppose they do share equality as a similar goal, but beyond that I don't see how they relate.

So please, explain to me why I am wrong, because I almost definitely am.

Resources

A general summation of free market versus controlled market
« Last Edit: March 29, 2011, 10:58:44 am by fqllve »
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Quote from: Dutchling on March 07, 2013, 12:29:41 pm
You don't use freedom Penguin. First you demand it, then you have it.
No using. That's not what freedom is for.

Max White

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Re: Economics
« Reply #1 on: March 28, 2011, 08:34:58 pm »
This is just about as informed a view as most other people involved in economics have, so educate yourselves, yo!
Spoiler (click to show/hide)
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Zrk2

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Re: Economics
« Reply #2 on: March 28, 2011, 08:41:34 pm »
Economics largely falls under two schools of thought, (for a gross oversimplification) those following Freidman and those following Kynes, and their respective theories.
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Quote from: PTTG?? on May 24, 2012, 12:34:25 pm
He's just keeping up with the Cardassians.

Criptfeind

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Re: Economics
« Reply #3 on: March 28, 2011, 08:42:04 pm »
Okay.

So.

Socialism is economic system when the government controls the corporations and resources and what not and everyone shares in.

Communism is a government system when the government controls the corporations and resources and what not and everyone shares in.

As you can see there are some vast differences, but the basics are the same.


3...
2...
1...

DISAGREEMENT TIME!
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Max White

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Re: Economics
« Reply #4 on: March 28, 2011, 08:45:26 pm »
Capitalism is that one we are meant to like, right? You know, the one were wealth has a tendency to accumulate more wealth, draining it in a vampire like fashion from the poor?

I'm some what well off right now, so I could go for that!
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Criptfeind

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Re: Economics
« Reply #5 on: March 28, 2011, 08:47:54 pm »
NO YOU FOOL!

We want welfare Capitalism. Pure Capitalism (unregulated Capitalism) will doom us all!
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fqllve

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Re: Economics
« Reply #6 on: March 28, 2011, 08:48:50 pm »
Quote from: Criptfeind on March 28, 2011, 08:42:04 pm
Socialism is economic system when the government controls the corporations and resources and what not and everyone shares in.

Communism is a government system when the government controls the corporations and resources and what not and everyone shares in.
Okay, so now I'm not seeing how those are different. Other than that one is called an economic system and the other not.
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Quote from: Dutchling on March 07, 2013, 12:29:41 pm
You don't use freedom Penguin. First you demand it, then you have it.
No using. That's not what freedom is for.

freeformschooler

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Re: Economics
« Reply #7 on: March 28, 2011, 08:49:01 pm »
Quote from: Criptfeind on March 28, 2011, 08:42:04 pm
Okay.

So.

Socialism is economic system when the government controls the corporations and resources and what not and everyone shares in.

Communism is a government system when the government controls the corporations and resources and what not and everyone shares in.

As you can see there are some vast differences, but the basics are the same.


3...
2...
1...

DISAGREEMENT TIME!

http://www.google.com/search?hl=en&sa=X&ei=UTqRTZPxNYS6tgfM0_V2&ved=0CAQQBSgA&q=define%3Acommunism&spell=1

Quote from: definition
a form of socialism that abolishes private ownership

Precisely why I like the idea less.
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Zrk2

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Re: Economics
« Reply #8 on: March 28, 2011, 08:50:17 pm »
Quote from: Criptfeind on March 28, 2011, 08:47:54 pm
NO YOU FOOL!

We want welfare Capitalism. Pure Capitalism (unregulated Capitalism) will doom us all!

As in 1920s pay our employees well so they will want to stay with us? I like that one, fuck people over and collaborate with the government? Screw that.
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Quote from: PTTG?? on May 24, 2012, 12:34:25 pm
He's just keeping up with the Cardassians.

Max White

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Re: Economics
« Reply #9 on: March 28, 2011, 08:50:58 pm »
Quote from: Criptfeind on March 28, 2011, 08:47:54 pm
NO YOU FOOL!

We want welfare Capitalism. Pure Capitalism (unregulated Capitalism) will doom us all!

Aww, but I really wanted a system, where I can afford to use paintings of the 1600's as toilet paper, while others don't have enough medical care to afford a toothbrush.
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Criptfeind

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Re: Economics
« Reply #10 on: March 28, 2011, 08:52:41 pm »
Quote from: freeformschooler on March 28, 2011, 08:49:01 pm
Quote from: definition
a form of socialism that abolishes private ownership
♪Also known pure socialism♪ Or something.

No really... Hum. No. Not quite

Quote from: Zrk2 on March 28, 2011, 08:50:17 pm
Quote from: Criptfeind on March 28, 2011, 08:47:54 pm
NO YOU FOOL!

We want welfare Capitalism. Pure Capitalism (unregulated Capitalism) will doom us all!

As in 1920s pay our employees well so they will want to stay with us? I like that one, fuck people over and collaborate with the government? Screw that.

I can not tell. What one do you want? welfare or pure?
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freeformschooler

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Re: Economics
« Reply #11 on: March 28, 2011, 08:54:24 pm »
Quote from: Criptfeind on March 28, 2011, 08:52:41 pm
Quote from: freeformschooler on March 28, 2011, 08:49:01 pm
Quote from: definition
a form of socialism that abolishes private ownership
♪Also known pure socialism♪ Or something.

No really... Hum. No. Not quite

Hehe.

But you were mostly right. The similarities are just there.
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Max White

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Re: Economics
« Reply #12 on: March 28, 2011, 08:56:50 pm »
Pfft, what would any of you know about economics. It's obviouse none of you have even played simcity!
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Zrk2

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Re: Economics
« Reply #13 on: March 28, 2011, 08:57:10 pm »
It depends on the definition of 'welfare' capitalism. Personally, I'm a libertarian, so let em compete! Realistically a purely deregulated economy will fail due to the ammorality of human beings, so I support a mostly deregulated economy with just enough regulation to prevent economic blackmail and to support entrepreneurs and the lower classes (via assistance getting educated, not welfare).

NINJAS!
NINJAS x2!
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Quote from: PTTG?? on May 24, 2012, 12:34:25 pm
He's just keeping up with the Cardassians.

Criptfeind

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Re: Economics
« Reply #14 on: March 28, 2011, 08:58:46 pm »
What a confusing and ill defined system of words.

HUM! 0 0
      0

Quote from: Zrk2 on March 28, 2011, 08:57:10 pm
It depends on the definition of 'welfare' capitalism.

Welfare capitalism: Examples: The U.S. Canada. British place island.
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