We're kinda communist now...right?

mariaalice

I think its more that hundreds of thousands of starving homeless would not be a good look for Ireland.

Thelonious Monk

I have always been in favour of adopting more socialist/communist policies, for the greater good of the people. I suppose it's easy for me to say as I've always been happy enough as long as I have a roof over my head and a half decent income. Some people will always want more and more, bigger houses and more things and money however.
I would gladly pay more tax for a more socialist country.

RobbingBandit

Sell a man a fish he will eat for a day

Teach a man to fish you lose your customer

[Deleted User]

[Deleted User] wrote: »

When are we adding the hurley and sickle to the tri-colour?

I think a slean would be better.

AndyBoBandy

Leg End Reject wrote: »

I heard we're getting microchipped next.

We don't need to be microchipped, the vast majority of us have already microchipped ourselves! We call it 'smart'.

Yellow_Fern

mariaalice wrote: »

I think its more that hundreds of thousands of starving homeless would not be a good look for Ireland.

There is no evidence that landlords were about to pounce with a tide of evictions. Who would evict when there is no demand for apartments but it is possible that politicians feared it or just cynically gave into pressure without believing in it. That been said, I don't know why they are banning evictions AND guarantying income.

Yellow_Fern

Thelonious Monk wrote: »

I have always been in favour of adopting more socialist/communist policies, for the greater good of the people. I suppose it's easy for me to say as I've always been happy enough as long as I have a roof over my head and a half decent income. Some people will always want more and more, bigger houses and more things and money however.
I would gladly pay more tax for a more socialist country.

Yes and this is a good thing a very good feature of market economies. People should aim for more. Socialist systems always retard aspirations.

Thelonious Monk

Yellow_Fern wrote: »

Yes and this is a good thing a very good feature of market economies. People should aim for more. Socialist systems always retard aspirations.

They shouldn't, the Earth isn't finite. We all need to do with less.

sbsquarepants

JohnnyFlash wrote: »

The best bit about communism is at the start where all the communists start getting suspicious about other communists and what sort of communist they are and there’s a purge or mass execution of false communists by real communists.

Hmmm, sounds to me like someone is trying to destabilise the collective. Niet, niet, niet comrade johnny..... just saying:mad:

Cordell

JohnnyFlash wrote: »

The best bit about communism is at the start where all the communists start getting suspicious about other communists and what sort of communist they are and there’s a purge or mass execution of false communists by real communists.

No, it's not only at the start, it never stops, because there is no other way of changing the leadership. Not necessary by executions, three are better ways, forced relocation being the preferred way of purging in my ex-home eastern european country.

Yellow_Fern

Thelonious Monk wrote: »

They shouldn't, the Earth isn't finite. We all need to do with less.

Space is essentially infinite though. Also we have always expanded capacity capacity of our planet. We are no where near the ultimate limit of carrying capacity of the planet in my opinion. Everyday someone invents cheaper solar panels or safer nuclear this point is demonstrating again.

topper75

Wanderer78 wrote: »

Money isn't dug out of the ground, it's simply just created at the stroke of a pen and a keyboard

Yes but money REPRESENTS the value what is 'dug out of the ground'. So when new money is created (in the manner you stated) each unit of all that money is worth less.

If my explanation doesn't work, ask somebody from Zimbabwe.

You can't create money at the stroke of the pen or keyboard and have a currency retain its value. Impossible. Natural market law. Sorry.

Lots of communist/socialist/leftist nations have run aground on this. Even nominally western capitalist exchequers have had their fingers burnt on this inflationary fire. Most infamous case being the Weimar Republic.

Wanderer78

topper75 wrote: »

Yes but money REPRESENTS the value what is 'dug out of the ground'. So when new money is created (in the manner you stated) each unit of all that money is worth less.

If my explanation doesn't work, ask somebody from Zimbabwe.

You can't create money at the stroke of the pen or keyboard and have a currency retain its value. Impossible. Natural market law. Sorry.

nonsense, this is the deeply misinformed understanding of money creation, money is created all the time, two of the most common methods being via government created bonds and bank created credit, these two methods are almost continuous. central banks have been creating money in the form of qe for a few years now, producing little or no inflation in the real world economy, only really creating inflation in asset markets. central banks have ramped up qe again, again producing little or no inflation, because we are in a deflationary period. we currently have a highly complex debt based monetary system, hence the high levels of debt globally, particularly private debt, debt is in fact our money supply, no debt, no money supply

Cordell

topper75 wrote: »

Yes but money REPRESENTS the value what is 'dug out of the ground'.

No.
What wanderer said above
Plus: money represent the value of everything produced, including what is dug out of the ground among many other much more important things, including things that will be produced in the future.

This is what happens when a bank creates money for you get a car loan: it helps you exchange part of the value you are going to produce* in the future for a car that you are going to get today (and they will get a share of that value for their services as interest).

*yourself, or others if you're paying for that said car with welfare money.

Yellow_Fern

Wanderer78 wrote: »

nonsense, this is the deeply misinformed understanding of money creation, money is created all the time, two of the most common methods being via government created bonds and bank created credit, these two methods are almost continuous. central banks have been creating money in the form of qe for a few years now, producing little or no inflation in the real world economy, only really creating inflation in asset markets. central banks have ramped up qe again, again producing little or no inflation, because we are in a deflationary period. we currently have a highly complex debt based monetary system, hence the high levels of debt globally, particularly private debt, debt is in fact our money supply, no debt, no money supply

Credible stable independent institutions like the European Central Bank taking on debt is not the same as creating numbers at the stroke of a pen. There is plenty of be said for a gold system but to call what the ECB does as making money at the stroke of a pen is misleading.

Wanderer78

Yellow_Fern wrote: »

Credible stable independent institutions like the European Central Bank taking on debt is not the same as creating numbers at the stroke of a pen. There is plenty of be said for a gold system but to call what the ECB does as making money at the stroke of a pen is misleading.

central banks such as the ecb are effectively creating money via the qe process, the only problem is, this will more than likely flood into the financial sector, causing little or no inflation in the real world economy. this is done to try stimulate our debt based systems, i.e. to try encourage the taking on of debt, but you d have to ask, what business would take on more debt in a deflationary period!

topper75

Wanderer78 wrote: »

... central banks have been creating money in the form of qe for a few years now, producing little or no inflation in the real world economy, ...

Funny I think your argument is actually nonsense. I fear you may actually believe in magic or monetary alchemy. I would like to walk around inside your head and see how you view what happened in Brazil, Zimbabwe, and the Weimar republic. Tragic acts of God? :-)

Don't you see that the quantitative easing in the eurozone was merely offsetting collapsing demand and thus collapsing prices in the wake of a massive crash in the late 2000s? That is why we saw 'no' inflation.

Herb Powell

Deleted User wrote: »

I miss the posse of libertarians on this site. They would be working themselves up into a didactic straightjacket in response to the pragmatic actions of our government.

Libertarians aren't interested in this because Covid is 19

Yellow_Fern

Herb Powell wrote: »

Libertarians aren't interested in this because Covid is 19

they got our backs. https://reason.com/video/biohackers-are-on-a-secret-hunt-for-the-coronavirus-vaccine/

banie01

AllForIt wrote: »

What is the state of Covid-19 in Russia.


Like everything else in Russia - we don't know.

Clearly it's communist!
Everyone has it, it's "our" virus now.

makeorbrake

topper75 wrote: »

Don't you see that the quantitative easing in the eurozone was merely offsetting collapsing demand and thus collapsing prices in the wake of a massive crash in the late 2000s? That is why we saw 'no' inflation.

They managed to keep down inflation post 2008 but its by no means a given that they'll be able to do so again. Firstly, this QE thing remains an ongoing experiment. Secondly, we are now into vastly bigger amounts. This is a time for gold and bitcoin.

paw patrol

All your systems and morals mean nothing if they get cast aside when something bad happens.

The current situation is all about control, the fact the media and those connected are floating the idea that thing will never be the same again (bullsh1t imo - I hope) is concerning as we often see major events used as a cover to deny people more rights or issue more control.

Of course it's for our "benefit" and the usual rabble (boards contains a massive amount of them) will lap it up and abuse the naysayers .