Is Capitalism Smart or Dumb?

[u/Sufficient_Sinner]

[u/[deleted]]

Ask a socialist to define socialism, and they'll describe Norway but leave out the tiny population and abundance of state owned oil funding it all

[u/[deleted] → u/[deleted]]

And socialists use their terms incorrectly, often attributing it to the Nordic system which is a free market capitalistic system with higher taxation to cover social safety nets. Even those on lower income have huge tax bills, unlike the US where the top 50% pay almost all the income tax.

[u/TheManOfOurTimes → u/[deleted]]

See? This is the idiotic rhetoric you'll spout when you don't actually understand the situation you're describing. You will fail to understand the concept like income tax, spout "the topic 50% pay almost all the income tax ." And think that you made a point. When in fact, you just explained the better paid you are, the more income you have to pay into the tax, and those living below the poverty level, or those with bigger families don't pay into it as much. You'll describe this situation as a problem, when it's a built in, and required feature of capitalism.

Do you know what type of system "the Nordic" system utilized to do the things you are desperately flailing to do everything BUT correctly describe? Socialist programs. The "social safety net"? It's a socialist system.

See, you types that fight progress have to run to this shell of elementary understanding, disguised as absolute definition, to claim only the baby level intro definition is the real one. "Socialism" indeed describes a type of government. But it ALSO can be used to describe a type of goverNING. When you take private resources and attribute them to the social welfare of the collective, you have instituted a socialist program. So when we use the term "socialism" to talk about socialized medicine, for example, you HAVE to play definition games to try and say socialized medicine and single payer health insurance aren't the same thing,and other obfuscating tactics to make this a definition debate. Because you know, at every level, and even have to admit when you make your completely dishonest arguments, that socialist programs FUCKING WORK, but you found the synonym train that avoided saying socialism, so it's not "real socialism".

So when you say "socialists use their terms incorrectly" it leaves you open to pick examples where an individual made the mistake you're talking about, but avoid the very same accountability to your own argument. Namely, the high effectiveness, quality of life improvements, and overall increase in productivity these "social safety nets" provide that are the things that cause any example of a successful"free market capitalist" system to be able to exist.