POLITICS American Economics

I’m starting to think you went to auburn for your college degree

 

Now please answer the question that you’ve twice avoided, moron

 

The government doesn’t really have any control over business while taking the majority of money, right rock?

 

Well I guess you’re gonna have to be more specific on how you define lion’s share so I know you’re not trying to pull some BS gotcha move, but yeah Lyls, that is capitalism.

 

Textbook. Minus the “for profit”.

 

Again, it is not clear you understand the key differences between capitalism and socialism. Yet you’re calling me a moron still.

 

Since you insist.

“In Socialism, everyone works for wealth that is in turn distributed to everyone”. Whether it be open or disguised behind things like high taxes

 

That’s the whole basis of this argument. IP calling for something like 70% tax on the wealthy while calling it capitalism. That’s by definition socialist because that wealth gets redistributed.

 

With each post you are making it more obvious that you don’t really understand. Stop digging man.

 

I am open to being wrong. Educate me.

 

Well for one thing, and I’ve disagreed with IP plenty today, I think it was 70% on 14m+. Which isn’t the same as 70% on the wealthy. The two aren’t even similar, in fact. Where is your socialism line, Lyls? 60? 51? 49?

And what has to happen after the taxes for it to be socialism? Is it only socialism if it’s distributed amongst those with lower incomes? What if it’s used for infrastructure improvements? Or the military?

Please, enlighten the 8th by sharing your vast knowledge of economics and politics.

 

I don’t particularly care what happens with the taxes after they are collected. If it’s taken from citizens earning it to then pay for Medicare, medicaid, etc it’s socialist. There’s no real line for socialism is there rock?

Now have I overgeneralized? It usually happens because I’m not long winded.

Are the markets private here? Yes. Does the government have a big discrepancy in tax brackets here? Yes. 27% difference is not a small number. That’s getting to wealth redistribution. That’s tendencies of capitalism and socialism.

 

I can’t believe I spent time arguing that.

 

Me neither. You’ve pretty well embarassed yourself.

 

You’ve yet to contribute really anything of note.

 

Again, I’m open to being wrong. Educate me.

The US is a mixed economy and not purely capitalistic. Change my mind.

 

I don’t believe this is sincere but let’s start with this:

1) Do you think progressive taxation is fundamentally socialist?
2) Do you believe any system where citizens pay taxes for things they don’t themselves theoretically stand to benefit from is socialism?
3) Do you consider America to be a socialist country today? What about 2000, 1970 or 1930?
4) Do you believe there is any line (as a % of income paid as income tax) that moves the needle to socialism?

 

Yes, I don’t see how it’s not wealth redistribution.

Yes.

Majority capitalistic with socialism tendencies spread throughout.

A single percentage? No.

 

Let me clarify. A form of wealth redistribution. Not entirely

 

Your answers did nothing to dissuade me of the notion that you don’t understand the key differences between capitalism and socialism.

Let’s put it this way, let’s stop talking about this as if there is that much gray. What would have to happen for you to call America a socialist country? Can you give examples? Because you can’t call a 70% tax rate or any rate out as socialism and then just default to saying we’re a capitalist country except for this long list of socialist things we do here.