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Chris
10-19-2012, 07:55 PM
From Life without Capitalism (http://www.tfas.org/sslpage.aspx?pid=3086) a video depicting the distopian nature of utopian socialism.


http://www.youtube.com/watch?v=bwH3Xr6uyG0&feature=youtu.be



If that's not convincing, I suggest Eugen Richter's 1891 Pictures of the Socialistic Future (http://mises.org/document/4994/Pictures-of-the-Socialistic-Future) (follow link for free copy of book).

KC
10-19-2012, 08:07 PM
I thought this thread was going to be about what life would have been like if we were still living under the feudal system. That was a great video though, thanks for sharing.

Chris
10-19-2012, 08:10 PM
Feudal mercantilism and modern socialism have a lot in common. Essentially both are centrally planned. There is the pretense socialism is democratized, but it's not, it's centrally planned. And as such both are statist, authoritarian, despotic, tyrannical.

Trinnity
10-19-2012, 08:11 PM
Freedom and capitalism go hand in hand. This is a capitalist country. Collectivist govt always fails and it's that tinge of collectivism in America that's hurting her so much. There's just not enough of other peoples' money to pay for all that spending.

Chris
10-19-2012, 09:14 PM
I still remember my first reading of Milton Friedman's Capitalism and Freedom. In the preface to the edition I'd just purchased and was drinking coffee over, Friedman muses was there anything he wished he could go back to add, he says he would add to the idea that economic freedom drives personal/social freedom, that those two drive political liberty.

Calypso Jones
10-19-2012, 10:08 PM
Great Find! Easy enough for a 5 year old to understand and i'm going to show it to my Granddaughter tomorrow.

KC
10-19-2012, 10:09 PM
Great Find! Easy enough for a 5 year old to understand and i'm going to show it to my Granddaughter tomorrow.

I showed it to a former teacher who shows stuff like this in his Socrates Cafe club.

Calypso Jones
10-19-2012, 10:12 PM
Sent it to friends for their kids and grandkids.

Chris
10-19-2012, 10:18 PM
Spread the word of freedom!

Morningstar
10-20-2012, 07:25 AM
Freedom and capitalism go hand in hand. This is a capitalist country. Collectivist govt always fails and it's that tinge of collectivism in America that's hurting her so much. There's just not enough of other peoples' money to pay for all that spending.

China is capitalistic, but not free.

Peter1469
10-20-2012, 07:53 AM
China is capitalistic, but not free.

Not really. They experiment with some capitalism, but that does not mean that China is capitalistic.

They also seriously fudge their economic numbers, so we don't really know what condition they are in.

Morningstar
10-20-2012, 07:56 AM
They also seriously fudge their economic numbers, so we don't really know what condition they are in.

Can't argue with that.

Chris
10-20-2012, 08:31 AM
China is capitalistic, but not free.

Technically it is a form of state capitalism not unlike fascism. What you see though as the Chinese people gain more economic freedom are demands for greater personal/social freedom just as Friedman predicted.