danielpalos
Diamond Member
- Jan 24, 2015
- 73,961
- 5,055
just lousy management; socialism works fine in the US.yes, they can; it is called, taxation and regulation. this is why, no one takes the right wing seriously about economics.They can fix the value of the currency, but they cannot fix the actual costs involved in producing goods and services. Face it, socialism has been tried several times and always fails when enough people realize they don't have to be productive to get paid. Then it all collapses, every time. You can't fight human nature.fiat money is arbitrary; our Congress can fix the value of it by enacting a Standard. you have no valid point in our First World economy.Which makes it arbitrary. We knew that.a minimum wage can be fixed as a Standard.
Socialism worked in Venezuela.....but only for people who don't need food or toilet paper.