I drink your milkshake! a metaphor for capitalism

rickyb

Well-Known Member
Spain, Italy, and the rest of the EU is capitalist. Name a successful socialist country.
no they are mixed economies and i just named regions where theres alot of my definition of socialism which is workers running their own jobs and maybe owning it too.
 

vantexan

Well-Known Member
no they are mixed economies and i just named regions where theres alot of my definition of socialism which is workers running their own jobs and maybe owning it too.
Your co-ops are a fraction of the total business there so not a mixed economy. If your co-op model worked well it would be the dominant model. It isn't.
 

rickyb

Well-Known Member
Your co-ops are a fraction of the total business there so not a mixed economy. If your co-op model worked well it would be the dominant model. It isn't.
america is a mixed economy. large govt intervention in the economy. ditto for all EU countries.

no because capitalism supposedly works but it took long for it to take off.
 

rickyb

Well-Known Member
capitalism poisons everything leading towards total collapse.

we ingest a credit card worth of micro plastics every week or something?

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rickyb

Well-Known Member
in greece when yanis was finance minister the debt was 300 and the income was 170. he quit when they wouldnt let him declare bankruptcy maybe close to 10 years ago.

at present the debt is 400 and the income is 170

dont be fooled.

 

rickyb

Well-Known Member
in greece when yanis was finance minister the debt was 300 and the income was 170. he quit when they wouldnt let him declare bankruptcy maybe close to 10 years ago.

at present the debt is 400 and the income is 170

dont be fooled.

people know when gdp is negative for 2 quarters, its a recession.

but cool thiing michael hudson and yanis mention is they know how to calculate gdp growth for different classes of teh population, effectively making parts of the population in a recession when other parts are not like the rich
 
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