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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (109893)	11/11/2007 10:23:08 PM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

Communism seems to work well in small groups, i.e, communes. But I don't think it can be translated into a national economic system.

To: Skeeter Bug who wrote (109893)	11/12/2007 6:19:33 PM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

Skeetr, <why do you think communism precludes knowing how well a company is doing? again, a selfish average joe is a selfish government will trully screw things up - both in a communist and capitalist society.< In order to for a society to best know what the economically sensible needs of its citizens are, it needs a measuring stick. For example: If hat makers are earning very high returns on investment capital, that means there are great demands for them. In a capitalist society, more capital immediately goes into hat making until returns decline. If they decline too much, the process reverses itself. There is no such measurement in a socialist society because there are "no profits", no "return on investment capital measurements" etc.... The only signals given are the long lines and stacks of waste that "government types" find out about long after the data is even relevant. In addition, capitalism tends to concentrate capital in the hands of people that use it best which in turn generates better returns for society. Socialism does no such thing. >>>>Some corruption in the private sector is unavoidable. But we are allowed to make rules that govern business.<<<< >you may have missed the point. those same corrupt people get into government to make their pet corruption legal. think no bid contracts. nobody would get into government and > I agree entirely. That's why I think it's critical to identify what the limited roles are government actually are. I think the founders probably tried to do that, but we blew it. I can't say for sure though because I am not a constitutional lawyer.