Delta4Embassy
Gold Member
Is China richer now or when it labored under a more restrictive Communist system?Venezuela's Chavez was a big hero of the Left here. He came in with a program of Hope and Change that involved every leftist's wet dream: punish the rich, nationalize industry, screw the big corporations.
How'd that work out?
http://online.wsj.com/articles/despite-riches-venezuela-starts-food-rationing-1414025667
The country is out of basic necessities. Every adverse event was followed by more and stricter government controls. These in turn led to more problems. Price controls led to people diverting toilet paper across the border.
You cannot legislate laws of economics out of existence. Which is what the left here wants.
Poverty exists in every system. Would say though that capitalism is the system poverty crops up in the most since any system based on greed and selfishness, as capitalism is, is going to see takers take and those too polite or kind to take from other suffer and become empoverished.
Sucky as that is, I don't think there's a better way of doing things.
Is India richer now or when it labored under a more restrictive Socialist system?
Your analysis is flawed, of course. Capitalism brings more benefits, even to people "too polite" to take from others. I dont know any such people, btw. Everyone I know expects to get paid for their work or they are too proud to take government handouts.
Unfortunately for capitalism, when fascists like yourself defend it it isn't being defended.