I Really Don't Understand The Left

Which, as anyone with even a basic understanding of economics would clearly know, will only make the problem worse, not better.

But at least you can self-righteously claim credit for wanting to “do something”, even if what you want to do proves harmful rather than helpful.

Putting people to work in the public sector to build the nation's infrastructure and price controls is proven to always work, when done correctly. It worked in Germany in the 1930s after its economy collapsed in the 1920s, it worked here during WW2, and there was plenty of government involvement in the economy after the American Revolutionary War in the late 1700s and early 19th century. Our country would've been stillborn economically and unable to compete with Europe, if not for Uncle Sam.

After WW2 It wasn't the "invisible hand" of the "free market" that got Western Europe and Japan back on its feet economically, but heavy government intervention. South Korea also had plenty of government involvement in the economy to become what it is today.

China now has the second-largest economy in the world, and it's America's top competitor. It didn't get to where it is today economically through laissez-faire capitalism. There's PLENTY of government involvement in the Chinese economy.




A nation that tried to develop its economy strictly with the "invisible hand" of the "free market", was Russia after the demise of the USSR. They went through what is called "shock therapy" (The immediate implementation of laissez-faire capitalism). Until Putin arrived in 2000, post-Soviet Russia was getting raped economically by a cabal of local and foreign billionaires and politicians. They were being looted by the "free market" until Putin arrived and said "NO MORE".

Vladimir_Putin_12023_(cropped).jpg

The major centers of economic power, namely the industries that are vital to Russia's economy (finance, energy, mining..etc.), were nationalized. Now practically all of those heavy industries are at least 40% in the hands of the government (state-owned).

  • Aeroflot
    (Airline) - 51.173% ownership
  • All-Russia State Television and Radio Broadcasting Company (Broadcasting) - State ownership
  • Almaz-Antey (Aerospace & Defense) - 100% ownership
  • ALROSA (Mining) - 43.9256% ownership
  • Atomflot (Shipping) - State ownership
  • AvtoVAZ (Automotive) - 100% ownership
  • FGC UES (Energy) - 75% ownership
  • Gazprom (Oil and Gas) - 50.23% ownership
  • Inter RAO (Electricity) - State ownership
  • Kamaz (Automotive) - State ownership
  • Mining and Chemical Combine (Mining) - State ownership
  • Mosenergo (Electricity) - State ownership
  • Novorossiysk Commercial Sea Port (Shipping) - 20.0001% ownership
  • Rosatom (Nuclear Energy) - 100% ownership
  • Roscosmos (Space) - 100% ownership
  • Rosneft (Oil and Gas) - 50% ownership
  • Rosselkhozbank (Banking) - 71.9873% ownership
  • Rosseti (Electric Power) - 88% ownership
  • Rostec (Mixed) - 100% ownership
  • Rostelecom (Telecommunications) - 56.8% ownership
  • RusHydro (Electric Utility) - 60.4% ownership
  • Rusnano (Nanotechnology) - 100% ownership
  • Russian Agricultural Bank (Infrastructure) - 72.4% ownership
  • Russian Highways (Infrastructure) - 100% ownership
  • Russian Post (Letter Post) - 100% ownership
  • Russian Railways (Infrastructure) - 100% ownership
  • Sberbank of Russia (Banking) - 51% ownership
  • Sevmash (Shipbuilding) - 48.4966% ownership
  • Sovcomflot (Shipping) - 100% ownership
  • Tactical Missiles Corporation (Defense) - 100% ownership
  • Transneft (Oil and Gas) - 100% ownership
  • United Aircraft Corporation (Aerospace) - 91.11514696% ownership
  • United Grain Company (Trading) - 50% ownership
  • United Shipbuilding Corporation (Shipbuilding) - 100% ownership
  • Uralvagonzavod (Defense) - 100% ownership
  • Vnesheconombank (Financial Services) - 100% ownership
  • VTB Bank (Banking) - 60.9% ownership.
What's the result of the above government involvement in the Russian economy? This:


GDP_of_Russia_since_1989.svg.png
In 1998, Russia was experiencing the aftermath of the financial crisis that occurred in August of that year. This crisis led to a significant devaluation of the ruble and a default on domestic debt. The economic turmoil of this period did prompt a reevaluation of the post-Soviet privatization policies that had, to some extent, facilitated the rise of oligarchs and often lacked transparency and fairness. While there wasn't an immediate and explicit move toward nationalizing industries in 1998, the crisis and its aftermath did lead to increased state involvement, which led to increased confidence in the market, hence GDP improved.

When Putin took office, he nationalized most of the major industries in the country, and the graph speaks for itself. Russia's GDP skyrocketed and it's now, despite the American/EU sanctions, continuing to improve. So your assertion that government involvement in the economy undermines it, is laughable, if not pathetic. You're delusional. It's you who doesn't have a clue about real-world economics, thinking that the "invisible hand", the irrational, chaos of the market is enough to grow and run a nation's economy.

Putin is a staunch Russian nationalist and patriot, hence the economy must serve the Russian people. The market is centered, not on the private pursuit of profits, but on serving the nation. What's best in the long-term for Russia (The Russian people). If we truly love America, that's how we should think concerning our market economy. What's best for the American public, not what is best for a few greedy billionaires, who don't give a shit about America. The wealthy elites are internationalists, their allegiance is to their pocketbooks. They will hop on their private jets and mega-yachts and leave to their private Islands or Singapore.


 
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What Trump has done for the working-class is superficial. He's against the minimum wage or raising it to a living wage. He's against rent controls. He's against forgiving the student debt of tens of millions of our youth who are entering the workforce and need all of the help they can get (The wealthiest people in our society often get bailed out by Uncle Sam, why can't the US Gov, forgive the student-debt of our sons and daughters?).
What a screed of malarkey. Those are all great reasons that President Trump was such a great president.

Show us where the government bails out millions of our wealthiest people.

Why does anyone merit a living wage if they have minimum skills, work ethic, and education?

Why should our sons and daughters who are working as plumbers, electricians, police officers, firemen, etc., pay for someone who spent eight or nine years in college for a degree in ancient musical instruments?

Thomas.jpg


Rules.jpg


2022%2010%2001%20College%20tuition.jpg


Bad%20Fehavior.jpg
 
What a screed of malarkey. Those are all great reasons that President Trump was such a great president.

Show us where the government bails out millions of our wealthiest people.

Why does anyone merit a living wage if they have minimum skills, work ethic, and education?

Why should our sons and daughters who are working as plumbers, electricians, police officers, firemen, etc., pay for someone who spent eight or nine years in college for a degree in ancient musical instruments?

Thomas.jpg


Rules.jpg


2022%2010%2001%20College%20tuition.jpg


Bad%20Fehavior.jpg

I'll first answer your question about the rich being bailed out (socialism for the wealthy):


RANKPARENTSUBSIDY VALUEsort icon.NUMBER OF AWARDS
1Boeing$15,388,954,161952
2Intel$8,355,503,416127
3Ford Motor$7,718,954,966684
4General Motors$7,494,705,750783
5Micron Technology$6,786,681,91519
6Alcoa$5,727,691,764134
7Cheniere Energy$5,617,152,52343
8Amazon.com$5,532,086,473433
9Foxconn Technology Group (Hon Hai Precision Industry Company)$4,820,110,11274
10Texas Instruments$4,286,328,86969
11Volkswagen$3,880,517,317209
12Sempra Energy$3,828,022,78251
13NRG Energy$3,405,383,876264
14Venture Global LNG$3,285,883,5666
15NextEra Energy$3,008,691,129116
16Sasol$2,836,049,84572
17Tesla Inc.$2,829,855,494114
18Stellantis$2,795,436,436213
19Nucor$2,518,064,340171
20Walt Disney$2,483,328,762255
21SkyWest$2,418,120,282981
22Iberdrola$2,380,537,196109
23Toyota$2,304,226,689237
24Shell PLC$2,210,816,246131
25Samsung$2,178,196,44383
26Oracle$2,167,890,52890
27Mubadala Investment Company$2,124,035,09762
28Nike$2,104,917,829153
29Hyundai Motor$2,048,610,15917
30Alphabet Inc.$2,010,825,527124
31Brookfield Asset Management$1,968,826,437231
32Exxon Mobil$1,906,554,975227
33Paramount Global$1,845,796,313332
34Nissan$1,842,814,16598
35Apple Inc.$1,833,837,44261
36Comcast$1,827,808,120390
37Berkshire Hathaway$1,821,579,7611,190
38Summit Power$1,783,593,4146
39General Electric$1,737,066,990994
40Air Products & Chemicals$1,726,928,43587
41Cleveland-Cliffs$1,705,497,604129
42Southern Company$1,694,958,17245
43Energy Transfer$1,680,763,748155
44JPMorgan Chase$1,663,593,0631,147
45Vornado Realty Trust$1,623,857,33633
46Duke Energy$1,580,417,75986
47Wolfspeed Inc.$1,560,125,01563
48Rivian Automotive Inc.$1,532,854,0123
49IBM Corp.$1,495,438,545367
50General Atomics$1,476,687,046111
51OGE Energy$1,427,570,18215
52SCS Energy$1,419,011,7965
53Panasonic$1,384,147,58461
54Microsoft$1,363,926,937111
55Lockheed Martin$1,334,594,360319
56Sagamore Development$1,320,000,0002
57Northrop Grumman$1,275,514,883284
58Meta Platforms Inc.$1,275,451,77260
59Corning Inc.$1,262,885,869389
60Vingroup$1,254,000,0001
61Continental AG$1,244,875,478111
62RTX Corporation$1,168,240,858779
63Jefferies Financial Group$1,144,919,26017
64SK Holdings$1,081,550,2839
65Valero Energy$1,053,812,692207
66Dow Inc.$1,049,354,213640
67AES Corp.$1,030,194,632132
68Hyannis Air Service Inc.$1,018,366,272417
69Abengoa$988,188,65243
70Exelon$982,955,94957
71CF Industries$982,271,715129
72Pyramid Companies$966,050,09791
73Mazda Toyota Manufacturing, U.S.A., Inc.$900,000,0001
74Apollo Global Management$896,345,186586
75LG$881,567,51187
76Delta Air Lines$878,093,93217
77Centene$877,508,49656
78Bayer$850,128,391212
79Honda$849,832,30192
80Shin-Etsu Chemical$828,683,936106
81Enterprise Products Partners$826,988,37189
82SunEdison$813,584,873113
83Goldman Sachs$800,873,386253
84E.ON$782,609,88038
85Archer Daniels Midland$771,819,7731,116
86EDF-Electricite de France$766,205,55036
87Warner Bros. Discovery Inc.$764,594,690217
88Triple Five Worldwide$748,000,0004
89Bank of America$744,566,157929
90EDP-Energias de Portugal$733,674,86814
91Related Companies$687,200,0001
92Koch Industries$673,998,188495
93Caithness Energy$670,379,73829
94Wells Fargo$653,074,103540
95Entergy$638,345,893234
96FedEx$621,948,452624
97Chevron Phillips Chemical$619,839,44420
98Bedrock Detroit$618,000,0001
99Dominion Energy


Bailouts:







The state shouldn't have to subsidize your workforce. If you start a business and need to hire other human beings to work your business full-time, you must pay them a living wage. I'm all for cutting taxes for employers and providing incentives and perks, provided they take care of their workers. The working class needs affordable housing, education (job training), healthcare..etc. At the moment, small businesses need to spend hundreds, sometimes thousands of dollars providing healthcare benefits to their employees. If we had universal Medicare or Medicaid for everyone, that would lift the burden off of small businesses, allowing them to further expand.

When I was in high school back in the 1980s, we had a machine shop class, woodworking, and a few other trades we could learn. There were several public high schools in Miami, Dade, that any student could apply for and attend that were 100% focused on helping students acquire a trade. They had auto mechanics, autobody repair, machining, construction, welding..etc. Almost all of those public "polytech" high schools are gone. They've closed. They don't have machine shops in public high schools anymore, they have LGBT+ arts and crafts (learn how to make a rainbow banner that glows in the dark).
 
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Yep, works like a charm, when it's done right.

I CAN CHARGE WHATEVER I WANT! IT'S MY PROPERTY!

No, you can't. There are rent controls. Why? Workers need affordable housing. People need a roof over their heads and the closer they live to their workplace the better. If they can live in the city near the restaurant where they work, that's good for the workers and the owner of the restaurant. Good for everyone. Gross inequality, high cost of living, stagnant wages, expensive education and technical training..etc, undermines the economy. It's not all about you, the market must serve the public good.
 
Leftism isnt about logic or reasoning. It is about control.
It doesnt have to make sense.
 
Yep, works like a charm, when it's done right.

I CAN CHARGE WHATEVER I WANT! IT'S MY PROPERTY!

No, you can't. There are rent controls. Why? Workers need affordable housing. People need a roof over their heads and the closer they live to their workplace the better. If they can live in the city near the restaurant where they work, that's good for the workers and the owner of the restaurant. Good for everyone. Gross inequality, high cost of living, stagnant wages, expensive education and technical training..etc, undermines the economy. It's not all about you, the market must serve the public good.
Its like you authoritarians try to take away incentive for the market.
Its like you want the govt to control everything.
Oh wait, you do. Despite it being totally corrupt.
Blows my mind how little you people actually think.
 
Leftism isnt about logic or reasoning. It is about control.
It doesnt have to make sense.
I'm not a leftist, I'm a right-wing nationalist, national socialist. Unlike Marxist socialism, we believe in markets, but the market has to serve the long-term interests of the nation, rather than private interests. The major centers of economic power, namely the industries that are vital to our nation's infrastructure and national security, are always in the hands of the state.

The private sector provides all of the consumer goods and services that people need and want, hence there's a place for the pursuit of profits. Making money, personal financial prosperity, and upward mobility are actually more likely and secure within a nationalist socialist economy than under laissez-faire, neo-liberal capitalism. Nationalist market socialism has proven itself the most effective economic model, much more viable than the type of capitalism we've had in America since the early 1980s.
 
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Its like you authoritarians try to take away incentive for the market.
Its like you want the govt to control everything.
Oh wait, you do. Despite it being totally corrupt.
Blows my mind how little you people actually think.
You're exaggerating, because obviously anyone that is actually thinking can see I don't want the government to CONTROL EVERYTHING. I believe the government must control certain things, to allow capitalism to function properly, in the service of the nation. I can also be disingenuous and exaggerate asserting that you want privately owned for-profit companies to CONTROL EVERYTHING. Most Americans spend most of their waking hours in the absolute dictatorship of their nine-to-five jobs. Most of our lives are spent in authoritarian environments. At least the government holds elections, when was the last election you participated in at your workplace? Never?

You replace a government that holds elections with a privately owned company (fiefdom) that doesn't. Hmm.
 
I'm not a leftist, I'm a right-wing nationalist, national socialist. Unlike Marxist socialism, we believe in markets, but the market has to serve the long-term interests of the nation, rather than private interests. The major centers of economic power, namely the industries that are vital to our nation's infrastructure and national security, are always in the hands of the state.

The private sector provides all of the consumer goods and services that people need and want, hence there's a place for the pursuit of profits. Making money, personal financial prosperity, and upward mobility are actually more likely and secure within a nationalist socialist economy than under laissez-faire, neo-liberal capitalism. Nationalist market socialism has proven itself the most effective economic model, much more viable than the type of capitalism we've had in America since the early 1980s.
IE leftist
 
You're exaggerating, because obviously anyone that is actually thinking can see I don't want the government to CONTROL EVERYTHING. I believe the government must control certain things, to allow capitalism to function properly, in the service of the nation. I can also be disingenuous and exaggerate asserting that you want privately owned for-profit companies to CONTROL EVERYTHING. Most Americans spend most of their waking hours in the absolute dictatorship of their nine-to-five jobs. Most of our lives are spent in authoritarian environments. At least the government holds elections, when was the last election you participated in at your workplace? Never?

You replace a government that holds elections with a privately owned company (fiefdom) that doesn't. Hmm.
Govt must control the economy for capitalism to work... :rofl: Thats not capitalism.
They agree to those terms. If they agree to a "dictatorship" or "authoritarian" (obviously hyperbole) job, then thats their fault.
 
IE leftist
Am I like supposed to guess what your acronyms mean? Speak clearly. I'm a right-wing, national socialist (non-Marxist). Social conservative, nationalist socialism. Proven for the last 240 years, as the most effective economic model. The government is in partnership with the private sector, or a "mixed economy" that serves the interests of the nation. Industries that are vital to our national infrastructure are owned by the state and the private sector runs the consumer goods market. That's how nations prosper and become powerful.
 
Am I like supposed to guess what your acronyms mean? Speak clearly. I'm a right-wing, national socialist (non-Marxist). Social conservative, nationalist socialism. Proven for the last 240 years, as the most effective economic model. The government is in partnership with the private sector, or a "mixed economy" that serves the interests of the nation. Industries that are vital to our national infrastructure are owned by the state and the private sector runs the consumer goods market. That's how nations prosper and become powerful.
You are a statist. That is leftism.
 
Govt must control the economy for capitalism to work... :rofl: Thats not capitalism.
They agree to those terms. If they agree to a "dictatorship" or "authoritarian" (obviously hyperbole) job, then thats their fault.
I'm not a capitalist. Markets and private property predate capitalism. I'm for markets, not capitalism. Capitalism is an economy that prioritizes private profits, often at the expense of the public good. The bottom line of capitalism is the private acquisition of capital, rather than the sustainable, long-term security and empowerment of the nation.
 
I'm not a capitalist. Markets and private property predate capitalism. I'm for markets, not capitalism. Capitalism is an economy that prioritizes private profits, often at the expense of the public good. The bottom line of capitalism is the private acquisition of capital, rather than the sustainable, long-term security and empowerment of the nation.
You need a cool catchy name for your leaning.
 
I'm not a capitalist. Markets and private property predate capitalism. I'm for markets, not capitalism. Capitalism is an economy that prioritizes private profits, often at the expense of the public good. The bottom line of capitalism is the private acquisition of capital, rather than the sustainable, long-term security and empowerment of the nation.
I certainly didnt call you a capitalist. I was laughing at you for raping the English language.
 

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