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Economists Show the Socialism works better than Capitalism & win prize.

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Economists Show the Socialism works better than Capitalism & win prize. Empty Economists Show the Socialism works better than Capitalism & win prize.

Post by Trapper Gus 2024-10-15, 10:15

The three economists “have demonstrated the importance of societal institutions for a country’s prosperity,” the Nobel committee of the Royal Swedish Academy of Sciences said at the announcement in Stockholm.

“Reducing the vast differences in income between countries is one of our time’s greatest challenges. The laureates have demonstrated the importance of societal institutions for achieving this,” Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences, said. He said their research has provided "a much deeper understanding of the root causes of why countries fail or succeed.”

https://abcnews.go.com/International/wireStory/nobel-economics-prize-announced-sweden-114771445
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Economists Show the Socialism works better than Capitalism & win prize. Empty Re: Economists Show the Socialism works better than Capitalism & win prize.

Post by Trapper Gus 2024-10-19, 11:45

And the US economy, by all measures, does better when the Demcratics are in charge.

https://www.dailykos.com/stories/2024/10/18/2277562/-Is-the-U-S-economy-better-under-GOP-or-Dem-presidents-Bart-Starr-Jr-decided-to-find-out
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Economists Show the Socialism works better than Capitalism & win prize. Empty Re: Economists Show the Socialism works better than Capitalism & win prize.

Post by TravelinMan 2024-10-20, 11:03

Trapper Gus wrote:
The three economists “have demonstrated the importance of societal institutions for a country’s prosperity,” the Nobel committee of the Royal Swedish Academy of Sciences said at the announcement in Stockholm.

“Reducing the vast differences in income between countries is one of our time’s greatest challenges. The laureates have demonstrated the importance of societal institutions for achieving this,” Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences, said. He said their research has provided "a much deeper understanding of the root causes of why countries fail or succeed.”

https://abcnews.go.com/International/wireStory/nobel-economics-prize-announced-sweden-114771445

The word "socialism" never appears in that article.
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Economists Show the Socialism works better than Capitalism & win prize. Empty Re: Economists Show the Socialism works better than Capitalism & win prize.

Post by DWags 2024-10-20, 11:09

TravelinMan wrote:
Trapper Gus wrote:

https://abcnews.go.com/International/wireStory/nobel-economics-prize-announced-sweden-114771445

The word "socialism" never appears in that article.


It also doesn’t appear when we bail out Wall Street or infuse tax money into the Big Three, or pay farm subsidies.  

Words are funny. People  use them for nefarious reasons. From lying about who they’ll vote for to dog whistles that will trigger the less informed.


Last edited by DWags on 2024-10-20, 11:33; edited 1 time in total
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Economists Show the Socialism works better than Capitalism & win prize. Empty Re: Economists Show the Socialism works better than Capitalism & win prize.

Post by AvgMSUJoe 2024-10-20, 11:12

TravelinMan wrote:
Trapper Gus wrote:

https://abcnews.go.com/International/wireStory/nobel-economics-prize-announced-sweden-114771445

The word "socialism" never appears in that article.

Yet having Elon pay taxes and helping families with childcare is socialism to the right....
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Economists Show the Socialism works better than Capitalism & win prize. Empty Re: Economists Show the Socialism works better than Capitalism & win prize.

Post by Trapper Gus 2024-10-20, 11:47

TravelinMan wrote:
Trapper Gus wrote:

https://abcnews.go.com/International/wireStory/nobel-economics-prize-announced-sweden-114771445

The word "socialism" never appears in that article.

As right wingers often say, connected the dots...
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Economists Show the Socialism works better than Capitalism & win prize. Empty Re: Economists Show the Socialism works better than Capitalism & win prize.

Post by Trapper Gus 2024-10-20, 11:55

DWags wrote:
TravelinMan wrote:

The word "socialism" never appears in that article.


It also doesn’t appear when we bail out Wall Street or infuse tax money into the Big Three, or pay farm subsidies.  

Words are funny. People  use them for nefarious reasons. From lying about who they’ll vote for to dog whistles that will trigger the less informed.

Going to think of things that mostly fit the academic meaning of socialism.

Government - publicly owned and operated for the good of the people
Military - of course
Police - of course
Fire Department - of course
Water & Sewage in most places, but  not all
Trash & Gargbage - in many places
Social Services
Unemployment Insurance
Flood Insurance
Social Security (old age & survivors & disabikity)
Old Age Health Insurance
Medicaid
ACA
Education
Roads
Railroads
Airports
River & Lake navigation
Canals
TVA
Natural Resourses


Last edited by Trapper Gus on 2024-10-20, 15:07; edited 3 times in total
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Economists Show the Socialism works better than Capitalism & win prize. Empty Re: Economists Show the Socialism works better than Capitalism & win prize.

Post by Pervis Muldoon 2024-10-20, 12:42

DWags wrote:
TravelinMan wrote:

The word "socialism" never appears in that article.


It also doesn’t appear when we bail out Wall Street or infuse tax money into the Big Three, or pay farm subsidies.  

Words are funny. People  use them for nefarious reasons. From lying about who they’ll vote for to dog whistles that will trigger the less informed.

It’s easy to rile up conservatives by pointing out that our military is a socialist program.
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