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Biden's tax plans

Psaki says it's absurd to think corporations would raise prices for consumers due to higher taxes.

Frederick Hayak said, many years before, if socialists understood economics they wouldn't be socialists.
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PrincessAwesome · 22-25, F
Frederick Hayak said, many years before, if socialists understood economics they wouldn't be socialists.

Define "Socialism."
sunsporter1649 · 70-79, M
PrincessAwesome · 22-25, F
@sunsporter1649 Not a definition. So you don't know what Socialism is?
IronHamster · 56-60, M
@PrincessAwesome People have called me a fascist while calling themselves socialists. I like to point out to them I am a libertarian, not a fascist. Fascists tell business owners what to make, who to hire, what to pay, and what to charge. Socialists are more honest about who owns the business.
sunsporter1649 · 70-79, M
@PrincessAwesome "One picture is worth a thousand words"
PrincessAwesome · 22-25, F
@IronHamster Cool, but you didn't define Socialism.
Do you not know what it is?
IronHamster · 56-60, M
@PrincessAwesome Socialism is state sponsored slavery.
PrincessAwesome · 22-25, F
@sunsporter1649 That's nice, but it's not a definition. Do you not know what Socialism is?
IronHamster · 56-60, M
@PrincessAwesome Slavery with a smile from the slavers in the government.
PrincessAwesome · 22-25, F
@IronHamster So that's wrong. Socialism is actually collective ownership of the means of production by the workers.
Try to do some research before using words that you hear in fascist media.
IronHamster · 56-60, M
@PrincessAwesome Wrong. You describe a shangri-la. Do you know what that translates directly as?
PrincessAwesome · 22-25, F
@IronHamster I'm getting my definition from early Socialist philosophers. Where are you getting your definition from? Newsmax?
IronHamster · 56-60, M
@PrincessAwesome You are getting your definition from liars.

Be realistic. When something belongs to everyone, it belongs to nobody. We see this over and over. It is a ruse to give all power to the government slavers. This is why your sociologist professors keep saying real socialism has never been tried before. It's IMAGINARY. Shangri-la is a utopia that never was and never will be. Imagine that you gain full understanding and hear your professors say they have a new form of slavery, never tried before, which will ensure economic justice for all.
PrincessAwesome · 22-25, F
@IronHamster So in Socialism, it's not that things belong to everyone, it's that everyone who works at a company owns a share of the company. It's about democracy in the workplace.
This is how uninformed you are because you're getting your news from far-right media.
IronHamster · 56-60, M
@PrincessAwesome Can you sell my shares in that company or buy more? No. Can you vote out the CEO? No. Look, in my country we have "Democrats" that use super-delegates at their conventions, in case "the people vote wrong." The socialist elite will kill you before they give up power. Your shares are a placebo.
PrincessAwesome · 22-25, F
@IronHamster That's because we don't have Socialism.
In a Socialist company, yes, you can vote out the CEO.
And no shit, the Democrats aren't Socialists. They're Capitalists that just aren't as horrible as the Republicans.
sunsporter1649 · 70-79, M
PrincessAwesome · 22-25, F
@sunsporter1649 I know, you're getting all of your opinions from memes.
QuixoticSoul · 41-45, M
@PrincessAwesome
Can you vote out the CEO? No.
In many cooperative ownership setups, you can indeed do just that, though sometimes indirectly - like by voting for the board which then makes the CEO.

Libertarians and socialists are the same sort of stupid, both consist of utopian fools. But you should be able to give a reasonable definition of either lmao.
IronHamster · 56-60, M
@PrincessAwesome Under your definition, socialism will never exist. Idealist. Simple minded idealist. I doubt you would survive ten minutes in a system where you were not paying a professor to tell you how smart you are.
PrincessAwesome · 22-25, F
@QuixoticSoul
What makes Socialism impossible? Because it's never been tried on a large scale before?
It's been tried in a small scale and works better than Capitalism.
PrincessAwesome · 22-25, F
@IronHamster That's such a fallacy. You're basically saying that we haven't had it yet, so we'll never have it. And we already have small-scale Socialism in the form of co-ops, which work better than capitalist companies.
Stop getting your opinions from memes and open a book sometime.
IronHamster · 56-60, M
@PrincessAwesome See? I told you that. You support slavery.
QuixoticSoul · 41-45, M
@PrincessAwesome Socialism tends to not work well on any sort of scale because the community is inevitably unable to manage the information flow required to administer things for the common good. It’s an efficiency issue. Market economics are chaotic and create a lot of pain, but they’re self regulating, and create much more efficient systems. Best we’ll get until AI overlords come around.

They also create exploitation, rampant inequality. political instability, race to the bottom scenarios, and disincentive to invest in infrastructure, which is why a libertarian utopia will also be a complete shithole.
PrincessAwesome · 22-25, F
@IronHamster How is democracy in the workplace slavery? Is this that fascist double speak? Slavery is freedom?
PrincessAwesome · 22-25, F
@QuixoticSoul Well the data shows that co-ops are more successful than capitalist companies and the people who work at them are happier. So no, Socialism is not inefficient.

What you're describing is literally Capitalism.