Who's Afraid of Socialism?

Lol
Keep your socialism to yourselves, the rest of us want nothing to do with it. It does not require our participation...
yep let's keep going with the GOP giveaway to the rich and screwing you and everyone else, super dupe.

The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
Lol
I’m doing just fine... without socialism
If you and your family have an accident or get sick, you are totally screwed and will lose everything.
Na, not really
The fact remains that the middle class is going to hell under Reagan tax rates and policies.
Lol
Taxes help nobody but career politicians/deep state...
 
yep let's keep going with the GOP giveaway to the rich and screwing you and everyone else, super dupe.

The Demise of the American Middle Class In Numbers.

Over the past 35 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%
Lol
I’m doing just fine... without socialism
If you and your family have an accident or get sick, you are totally screwed and will lose everything.
Na, not really
The fact remains that the middle class is going to hell under Reagan tax rates and policies.
Lol
Taxes help nobody but career politicians/deep state...
Yeah we can go back to pure poverty poor houses and Potter's fields. Great idea
 
No thanks. One need not look any further than europe to see what a travesty it is.
Parts of Europe are doing great. Better than us in a lot of ways. Poor statement.
Lol
Fuck Europe... Two world wars thanks to them
Oh I think the GOP can take some credit for World War II. Wrecked the league of Nations and the Versailles treaty, started the Great Depression that gave Hitler and the militarists in Japan their start. The GOP is always a catastrophe.
 
No thanks. One need not look any further than europe to see what a travesty it is.
Parts of Europe are doing great. Better than us in a lot of ways. Poor statement.
Lol
Fuck Europe... Two world wars thanks to them
Oh I think the GOP can take some credit for World War II. Wrecked the league of Nations and the Versailles treaty, started the Great Depression that gave Hitler and the militarists in Japan their start. The GOP is always a catastrophe.
Now they started a world depression again in 2008 it cost many trillions of dollars to avert a full scale depression and assist the victims.
 
No thanks. One need not look any further than europe to see what a travesty it is.
Parts of Europe are doing great. Better than us in a lot of ways. Poor statement.
Lol
Fuck Europe... Two world wars thanks to them
Oh I think the GOP can take some credit for World War II. Wrecked the league of Nations and the Versailles treaty, started the Great Depression that gave Hitler and the militarists in Japan their start. The GOP is always a catastrophe.
Na, not really
 
No thanks. One need not look any further than europe to see what a travesty it is.
Parts of Europe are doing great. Better than us in a lot of ways. Poor statement.
Lol
Fuck Europe... Two world wars thanks to them
Oh I think the GOP can take some credit for World War II. Wrecked the league of Nations and the Versailles treaty, started the Great Depression that gave Hitler and the militarists in Japan their start. The GOP is always a catastrophe.
Now they started a world depression again in 2008 it cost many trillions of dollars to avert a full scale depression and assist the victims.
Lol
Career politicians are all the same no matter what side of the aisle they pick... you fucking retard
 
Who’s Afraid of Socialism? | Open Media Boston

"Capitalism’s incompatibility with majority interests has been reaffirmed by the current economic crisis.

"Earlier, the most severe effects of capitalism had been offset, within the US, by the progressive reforms of the 1930s.

"But capital’s political power was less restrained in this country than it was in the other rich countries.

"Flush with military might and bolstered by a mass right-wing culture of arrogant self-righteousness, US capital launched a withering counterattack against the New Deal legacy, culminating in an almost three-decade orgy of anti-welfare legislation, imperialist aggression, privatization, and deregulation."

Unrestrained profit maximization results in concentrating an enormous amount of surplus capital which can find few safe investments.

"Free market" capitalists turn to highly speculative scams which generate financial bubbles as the real economy continues to be hollowed out and the working class is driven deeper into debt.

Socialism would turn to government for an alternative, but US government is Goldman Sachs regardless of which major party is in control.
Anybody with any common sense or capacity to commit logic is afraid of socialism. All you have to do is look at Venezuela to see why you have to be insane to adopt such economic policies.
For christ fkin sake dude. Venezuela is a universe away from what we are and do. Just stop. Even amongst the left we understand that America was born and succeeded primarily as a capitalist nation and we still want that core. The failure of capitalism is negative externalities, failed markets, an aversion to even trying to fix problems, growing economic inequality. What we want is to use more a socialist toolset to address some of these problems as we've seen other nations successfully do and on the name of the well being of the people. No one here is saying let's be Venezuela. So seriously stfu and turn off your rotten news source.
True. No one wants to be like Venezuela.
But the American left is useless and that is the general direction they would unwittingly be taking us.
The American left needs to come to terms with the idea that we are going to have to change the capitalist base that is the foundation of our society.
American capitalism has gone global and you are not going to reign it in, or force it to pay for the well being of our society. Capitalism doesn't care about our well being. It will just seek out another host, which is why it went global in the first place. With the help of the useless American left, I might add.
 
Who’s Afraid of Socialism? | Open Media Boston

"Capitalism’s incompatibility with majority interests has been reaffirmed by the current economic crisis.

"Earlier, the most severe effects of capitalism had been offset, within the US, by the progressive reforms of the 1930s.

"But capital’s political power was less restrained in this country than it was in the other rich countries.

"Flush with military might and bolstered by a mass right-wing culture of arrogant self-righteousness, US capital launched a withering counterattack against the New Deal legacy, culminating in an almost three-decade orgy of anti-welfare legislation, imperialist aggression, privatization, and deregulation."

Unrestrained profit maximization results in concentrating an enormous amount of surplus capital which can find few safe investments.

"Free market" capitalists turn to highly speculative scams which generate financial bubbles as the real economy continues to be hollowed out and the working class is driven deeper into debt.

Socialism would turn to government for an alternative, but US government is Goldman Sachs regardless of which major party is in control.
Anybody with any common sense or capacity to commit logic is afraid of socialism. All you have to do is look at Venezuela to see why you have to be insane to adopt such economic policies.
For christ fkin sake dude. Venezuela is a universe away from what we are and do. Just stop. Even amongst the left we understand that America was born and succeeded primarily as a capitalist nation and we still want that core. The failure of capitalism is negative externalities, failed markets, an aversion to even trying to fix problems, growing economic inequality. What we want is to use more a socialist toolset to address some of these problems as we've seen other nations successfully do and on the name of the well being of the people. No one here is saying let's be Venezuela. So seriously stfu and turn off your rotten news source.
True. No one wants to be like Venezuela.
But the American left is useless and that is the general direction they would unwittingly be taking us.
The American left needs to come to terms with the idea that we are going to have to change the capitalist base that is the foundation of our society.
American capitalism has gone global and you are not going to reign it in, or force it to pay for the well being of our society. Capitalism doesn't care about our well being. It will just seek out another host, which is why it went global in the first place. With the help of the useless American left, I might add.
Socialism has no morality
 
Why would anyone be afraid of something that has failed everytime it has been used?
Bernie Sanders is a socialist. What countries are you talkin about, ignorant GOP dupe?
Name one successful socialist country if you can. By the way I am a classic liberal.
France Scandinavia bu Canada New Zealand Australia Japan

You are a brainwashed GOP dupe.
Scandanavia is not a nation, France does not own the means of production and distribution, Canada is a free market economy,
New Zealand is free market, Australia is free market, Australia is free market, Japan is free market and all are capitalist economies
Keep trying you obviously have little economic or political education. When you must end all your arguments in personal insults you admit your ignorance and impotence. Name a single successful socialist nation you can't because there are none.
 
Who’s Afraid of Socialism? | Open Media Boston

"Capitalism’s incompatibility with majority interests has been reaffirmed by the current economic crisis.

"Earlier, the most severe effects of capitalism had been offset, within the US, by the progressive reforms of the 1930s.

"But capital’s political power was less restrained in this country than it was in the other rich countries.

"Flush with military might and bolstered by a mass right-wing culture of arrogant self-righteousness, US capital launched a withering counterattack against the New Deal legacy, culminating in an almost three-decade orgy of anti-welfare legislation, imperialist aggression, privatization, and deregulation."

Unrestrained profit maximization results in concentrating an enormous amount of surplus capital which can find few safe investments.

"Free market" capitalists turn to highly speculative scams which generate financial bubbles as the real economy continues to be hollowed out and the working class is driven deeper into debt.

Socialism would turn to government for an alternative, but US government is Goldman Sachs regardless of which major party is in control.
Anybody with any common sense or capacity to commit logic is afraid of socialism. All you have to do is look at Venezuela to see why you have to be insane to adopt such economic policies.
For christ fkin sake dude. Venezuela is a universe away from what we are and do. Just stop. Even amongst the left we understand that America was born and succeeded primarily as a capitalist nation and we still want that core. The failure of capitalism is negative externalities, failed markets, an aversion to even trying to fix problems, growing economic inequality. What we want is to use more a socialist toolset to address some of these problems as we've seen other nations successfully do and on the name of the well being of the people. No one here is saying let's be Venezuela. So seriously stfu and turn off your rotten news source.
True. No one wants to be like Venezuela.
But the American left is useless and that is the general direction they would unwittingly be taking us.
The American left needs to come to terms with the idea that we are going to have to change the capitalist base that is the foundation of our society.
American capitalism has gone global and you are not going to reign it in, or force it to pay for the well being of our society. Capitalism doesn't care about our well being. It will just seek out another host, which is why it went global in the first place. With the help of the useless American left, I might add.
Socialism has no morality
Socialism is a way of producing the things that we need in a manner that provides dignity to everyone regardless of one's abilities. It's a hell of a lot moral than capitalism.
 
Who’s Afraid of Socialism? | Open Media Boston

"Capitalism’s incompatibility with majority interests has been reaffirmed by the current economic crisis.

"Earlier, the most severe effects of capitalism had been offset, within the US, by the progressive reforms of the 1930s.

"But capital’s political power was less restrained in this country than it was in the other rich countries.

"Flush with military might and bolstered by a mass right-wing culture of arrogant self-righteousness, US capital launched a withering counterattack against the New Deal legacy, culminating in an almost three-decade orgy of anti-welfare legislation, imperialist aggression, privatization, and deregulation."

Unrestrained profit maximization results in concentrating an enormous amount of surplus capital which can find few safe investments.

"Free market" capitalists turn to highly speculative scams which generate financial bubbles as the real economy continues to be hollowed out and the working class is driven deeper into debt.

Socialism would turn to government for an alternative, but US government is Goldman Sachs regardless of which major party is in control.
Anybody with any common sense or capacity to commit logic is afraid of socialism. All you have to do is look at Venezuela to see why you have to be insane to adopt such economic policies.
For christ fkin sake dude. Venezuela is a universe away from what we are and do. Just stop. Even amongst the left we understand that America was born and succeeded primarily as a capitalist nation and we still want that core. The failure of capitalism is negative externalities, failed markets, an aversion to even trying to fix problems, growing economic inequality. What we want is to use more a socialist toolset to address some of these problems as we've seen other nations successfully do and on the name of the well being of the people. No one here is saying let's be Venezuela. So seriously stfu and turn off your rotten news source.
True. No one wants to be like Venezuela.
But the American left is useless and that is the general direction they would unwittingly be taking us.
The American left needs to come to terms with the idea that we are going to have to change the capitalist base that is the foundation of our society.
American capitalism has gone global and you are not going to reign it in, or force it to pay for the well being of our society. Capitalism doesn't care about our well being. It will just seek out another host, which is why it went global in the first place. With the help of the useless American left, I might add.
Socialism has no morality
Socialism is a way of producing the things that we need in a manner that provides dignity to everyone regardless of one's abilities. It's a hell of a lot moral than capitalism.

It's a hell of a lot moral than capitalism.

And who cares if it requires a boot stomping on a human face forever, eh comrade?
 
No thanks. One need not look any further than europe to see what a travesty it is.
Parts of Europe are doing great. Better than us in a lot of ways. Poor statement.
Lol
Fuck Europe... Two world wars thanks to them
Oh I think the GOP can take some credit for World War II. Wrecked the league of Nations and the Versailles treaty, started the Great Depression that gave Hitler and the militarists in Japan their start. The GOP is always a catastrophe.
The Federal Reserve started the Great Depression. And the globalists in league with the Federal Reserve did all of the other crap you spewed.
 
No thanks. One need not look any further than europe to see what a travesty it is.
Parts of Europe are doing great. Better than us in a lot of ways. Poor statement.
Lol
Fuck Europe... Two world wars thanks to them
Oh I think the GOP can take some credit for World War II. Wrecked the league of Nations and the Versailles treaty, started the Great Depression that gave Hitler and the militarists in Japan their start. The GOP is always a catastrophe.
The Federal Reserve started the Great Depression. And the globalists in league with the Federal Reserve did all of the other crap you spewed.

The Federal Reserve started the Great Depression.

Nah. But they made things worse instead of making them better.
 
Who’s Afraid of Socialism? | Open Media Boston

"Capitalism’s incompatibility with majority interests has been reaffirmed by the current economic crisis.

"Earlier, the most severe effects of capitalism had been offset, within the US, by the progressive reforms of the 1930s.

"But capital’s political power was less restrained in this country than it was in the other rich countries.

"Flush with military might and bolstered by a mass right-wing culture of arrogant self-righteousness, US capital launched a withering counterattack against the New Deal legacy, culminating in an almost three-decade orgy of anti-welfare legislation, imperialist aggression, privatization, and deregulation."

Unrestrained profit maximization results in concentrating an enormous amount of surplus capital which can find few safe investments.

"Free market" capitalists turn to highly speculative scams which generate financial bubbles as the real economy continues to be hollowed out and the working class is driven deeper into debt.

Socialism would turn to government for an alternative, but US government is Goldman Sachs regardless of which major party is in control.
Anybody with any common sense or capacity to commit logic is afraid of socialism. All you have to do is look at Venezuela to see why you have to be insane to adopt such economic policies.
For christ fkin sake dude. Venezuela is a universe away from what we are and do. Just stop. Even amongst the left we understand that America was born and succeeded primarily as a capitalist nation and we still want that core. The failure of capitalism is negative externalities, failed markets, an aversion to even trying to fix problems, growing economic inequality. What we want is to use more a socialist toolset to address some of these problems as we've seen other nations successfully do and on the name of the well being of the people. No one here is saying let's be Venezuela. So seriously stfu and turn off your rotten news source.
True. No one wants to be like Venezuela.
But the American left is useless and that is the general direction they would unwittingly be taking us.
The American left needs to come to terms with the idea that we are going to have to change the capitalist base that is the foundation of our society.
American capitalism has gone global and you are not going to reign it in, or force it to pay for the well being of our society. Capitalism doesn't care about our well being. It will just seek out another host, which is why it went global in the first place. With the help of the useless American left, I might add.
Socialism has no morality
Socialism is a way of producing the things that we need in a manner that provides dignity to everyone regardless of one's abilities. It's a hell of a lot moral than capitalism.
Yeah, starvation sure is dignified. So was standing in lines for everything in the USSR.
 
Anybody with any common sense or capacity to commit logic is afraid of socialism. All you have to do is look at Venezuela to see why you have to be insane to adopt such economic policies.
For christ fkin sake dude. Venezuela is a universe away from what we are and do. Just stop. Even amongst the left we understand that America was born and succeeded primarily as a capitalist nation and we still want that core. The failure of capitalism is negative externalities, failed markets, an aversion to even trying to fix problems, growing economic inequality. What we want is to use more a socialist toolset to address some of these problems as we've seen other nations successfully do and on the name of the well being of the people. No one here is saying let's be Venezuela. So seriously stfu and turn off your rotten news source.
True. No one wants to be like Venezuela.
But the American left is useless and that is the general direction they would unwittingly be taking us.
The American left needs to come to terms with the idea that we are going to have to change the capitalist base that is the foundation of our society.
American capitalism has gone global and you are not going to reign it in, or force it to pay for the well being of our society. Capitalism doesn't care about our well being. It will just seek out another host, which is why it went global in the first place. With the help of the useless American left, I might add.
Socialism has no morality
Socialism is a way of producing the things that we need in a manner that provides dignity to everyone regardless of one's abilities. It's a hell of a lot moral than capitalism.

It's a hell of a lot moral than capitalism.

And who cares if it requires a boot stomping on a human face forever, eh comrade?
No boot stomping required. Government would be transformed. Alter the base and you alter the superstructure (government) naturally.
 
For christ fkin sake dude. Venezuela is a universe away from what we are and do. Just stop. Even amongst the left we understand that America was born and succeeded primarily as a capitalist nation and we still want that core. The failure of capitalism is negative externalities, failed markets, an aversion to even trying to fix problems, growing economic inequality. What we want is to use more a socialist toolset to address some of these problems as we've seen other nations successfully do and on the name of the well being of the people. No one here is saying let's be Venezuela. So seriously stfu and turn off your rotten news source.
True. No one wants to be like Venezuela.
But the American left is useless and that is the general direction they would unwittingly be taking us.
The American left needs to come to terms with the idea that we are going to have to change the capitalist base that is the foundation of our society.
American capitalism has gone global and you are not going to reign it in, or force it to pay for the well being of our society. Capitalism doesn't care about our well being. It will just seek out another host, which is why it went global in the first place. With the help of the useless American left, I might add.
Socialism has no morality
Socialism is a way of producing the things that we need in a manner that provides dignity to everyone regardless of one's abilities. It's a hell of a lot moral than capitalism.

It's a hell of a lot moral than capitalism.

And who cares if it requires a boot stomping on a human face forever, eh comrade?
No boot stomping required. Government would be transformed. Alter the base and you alter the superstructure (government) naturally.

I heard Cuba has 100% literacy and free healthcare.
 
Anybody with any common sense or capacity to commit logic is afraid of socialism. All you have to do is look at Venezuela to see why you have to be insane to adopt such economic policies.
For christ fkin sake dude. Venezuela is a universe away from what we are and do. Just stop. Even amongst the left we understand that America was born and succeeded primarily as a capitalist nation and we still want that core. The failure of capitalism is negative externalities, failed markets, an aversion to even trying to fix problems, growing economic inequality. What we want is to use more a socialist toolset to address some of these problems as we've seen other nations successfully do and on the name of the well being of the people. No one here is saying let's be Venezuela. So seriously stfu and turn off your rotten news source.
True. No one wants to be like Venezuela.
But the American left is useless and that is the general direction they would unwittingly be taking us.
The American left needs to come to terms with the idea that we are going to have to change the capitalist base that is the foundation of our society.
American capitalism has gone global and you are not going to reign it in, or force it to pay for the well being of our society. Capitalism doesn't care about our well being. It will just seek out another host, which is why it went global in the first place. With the help of the useless American left, I might add.
Socialism has no morality
Socialism is a way of producing the things that we need in a manner that provides dignity to everyone regardless of one's abilities. It's a hell of a lot moral than capitalism.
Yeah, starvation sure is dignified. So was standing in lines for everything in the USSR.
Extrapolating social conditions of twentieth century Russia and applying them to twenty first century USA is disingenuous at best.
 
For christ fkin sake dude. Venezuela is a universe away from what we are and do. Just stop. Even amongst the left we understand that America was born and succeeded primarily as a capitalist nation and we still want that core. The failure of capitalism is negative externalities, failed markets, an aversion to even trying to fix problems, growing economic inequality. What we want is to use more a socialist toolset to address some of these problems as we've seen other nations successfully do and on the name of the well being of the people. No one here is saying let's be Venezuela. So seriously stfu and turn off your rotten news source.
True. No one wants to be like Venezuela.
But the American left is useless and that is the general direction they would unwittingly be taking us.
The American left needs to come to terms with the idea that we are going to have to change the capitalist base that is the foundation of our society.
American capitalism has gone global and you are not going to reign it in, or force it to pay for the well being of our society. Capitalism doesn't care about our well being. It will just seek out another host, which is why it went global in the first place. With the help of the useless American left, I might add.
Socialism has no morality
Socialism is a way of producing the things that we need in a manner that provides dignity to everyone regardless of one's abilities. It's a hell of a lot moral than capitalism.
Yeah, starvation sure is dignified. So was standing in lines for everything in the USSR.
Extrapolating social conditions of twentieth century Russia and applying them to twenty first century USA is disingenuous at best.
What do you base your delusions about socialism on? We have empirical evidence, and you believe we should just ignore it because why? Oh, yeah, because a few years have passed. Apparently that's all it takes for the laws of economics to change.
 

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