Can we avoid 1929?

[Cynthia]

Plan
By James K. Galbraith

Can Capitalism survive? No. I do not think it can.

—Joseph Schumpeter, 1942

James K. Galbraith is the author of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too. This article is his contribution to the How to Save Capitalism Forum that appears in the November 2008 Harper’s Magazine.
The problem is not how to save capitalism but how to save the unique and successful mixed economy built in the United States over the eighty-five years since the New Deal. Our system is not capitalism. Our economy has a large public sector, which at its best was competently concerned with research, defense, financial stability, environmental safety, social security, and large measures of education, health care, and housing. Today, after thirty years of attack on government, all these functions are damaged and in peril.






http://harpers.org/archive/2008/11/0082254

[BT]

If you don't like NCLB, you really won't like socialism.

[Cynthia]

If you don't like NCLB, you really won't like socialism.

Where did I say anything about NCLB on this thread?

We are already in a socialist state, FROM WHAT I HEAR.

You deny that?

[Cynthia]

If you don't like NCLB, you really won't like socialism.

OH and btw, I thought I made it clear that I like the NCLB act as it is written and  has been so honestly "tweaked".

It's politicians and weak administrators who seem to be making our world a hellish mess.

Tell me more, Bt.

You still have not answered any of my posts.

Will you look back please and direct your answers to my inquiries?

[BT]

We are already in a socialist state, FROM WHAT I HEAR.

You deny that?

Yes.

[Cynthia]

We are already in a socialist state, FROM WHAT I HEAR.

You deny that?

Yes.

please expand your thoughts here. ..

[Universe Prince]

Can we avoid 1929?

At this point, we are no where near 1929 in the nature of our situation. So the answer to your question is yes, of course we can.

[BT]

please expand your thoughts here. ..

Because the government does not have a monoploly on most of te services provided by a socialist state, here.

If you disagree tell me why?

[Cynthia]

Can we avoid 1929?

At this point, we are no where near 1929 in the nature of our situation. So the answer to your question is yes, of course we can.

You can tell I listen to the main media Blitz machine. I should know better.

Thanks, UP.

[Cynthia]

please expand your thoughts here. ..

Because the government does not have a monoploly on most of te services provided by a socialist state, here.

If you disagree tell me why?

Tell me more. I don't understand.

The gov. does not have a monopoly on which services provided by a socialst state?

[BT]

DO you understand the concept of socialism?

[Cynthia]

DO you understand the concept of socialism?

Yes, I do.

It means when someone gets in the middle of free will and the government

...i.e.

Medical tests...one has to ask if the government agrees to the type of care according to the gov.

That's just one element.

Basically the government has the last say.

Will I have a good doctor when we go that route?

That is key.

[BT]

Socialism:
social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work in isolation but live in cooperation with one another. Furthermore, everything that people produce is in some sense a social product, and everyone who contributes to the production of a good is entitled to a share in it. Society as a whole, therefore, should own or at least control property for the benefit of all its members.

http://www.britannica.com/EBchecked/topic/551569/socialism

[Cynthia]

Communism is;

A person is loaned three cows by the gov. to raise and make milk and cheese. The person gets to share the milk and cheese but the gov. owns the cow. You are not allowed to own the cow. You can't keep the profit from the milk or cheese if you decide to sell it.
YOU DON'T OWN NADA.


Socialism is;

A person is given three cows. They're able to keep the three cows AND WORK, but the gov. decides how the milk/cheese are to be distributed. 

Democracy is;

If you earn three cows, you're free to milk them....and make cheese and milk from the cows for yourself --OR--- sell the milk and cheese and give a portion of the profits to the government. 

[BT]

There is little difference between socialism and communism except for implementation.

A socialist state can be a democracy.