RandomPoster
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- May 22, 2017
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Democratic Socialism
A system of government where politicians are elected to office based on promising unearned services to the least productive members of society at the cost of the most productive members, thereby dis-incentivizing productivity and personal responsibility. This redistribution of resources is justified by re-defining marketable commodities as "basic human rights". Democratic Socialism has not yet been implemented correctly, leading to the commonly held misconception that while it looks appealing in theory, it fails when put into practice.
Let's contrast this with the previous economic theories of Communism and Socialism.
Communism
A system of government where wealth is redistributed to the least productive members of society at the cost of the most productive members, thereby dis-incentivizing productivity and personal responsibility. This redistribution of resources is justified by the mantra "from each according to his ability, to each according to his need". Communism has not yet been implemented correctly, leading to the commonly held misconception that while it looks appealing in theory, it fails when put into practice.
Socialism
A system of government which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole, thereby dis-incentivizing productivity and personal responsibility. Socialism is a transitional social state between the overthrow of capitalism and the realization of Communism. Socialism has not yet been implemented correctly, leading to the commonly held misconception that while it looks appealing in theory, it fails when put into practice.
I've been looking at the things these theories have in common and how they vary. I've been trying to figure out which will be the first to be implemented correctly and why each of them fail to get implemented correctly whenever an attempt is made, except the reasons given are a bit confusing. Perhaps if I immerse myself more into the writings of Karl Marx it will all make more sense.
A system of government where politicians are elected to office based on promising unearned services to the least productive members of society at the cost of the most productive members, thereby dis-incentivizing productivity and personal responsibility. This redistribution of resources is justified by re-defining marketable commodities as "basic human rights". Democratic Socialism has not yet been implemented correctly, leading to the commonly held misconception that while it looks appealing in theory, it fails when put into practice.
Let's contrast this with the previous economic theories of Communism and Socialism.
Communism
A system of government where wealth is redistributed to the least productive members of society at the cost of the most productive members, thereby dis-incentivizing productivity and personal responsibility. This redistribution of resources is justified by the mantra "from each according to his ability, to each according to his need". Communism has not yet been implemented correctly, leading to the commonly held misconception that while it looks appealing in theory, it fails when put into practice.
Socialism
A system of government which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole, thereby dis-incentivizing productivity and personal responsibility. Socialism is a transitional social state between the overthrow of capitalism and the realization of Communism. Socialism has not yet been implemented correctly, leading to the commonly held misconception that while it looks appealing in theory, it fails when put into practice.
I've been looking at the things these theories have in common and how they vary. I've been trying to figure out which will be the first to be implemented correctly and why each of them fail to get implemented correctly whenever an attempt is made, except the reasons given are a bit confusing. Perhaps if I immerse myself more into the writings of Karl Marx it will all make more sense.