I don't understand the hate for socialism
I'm a college student in Indiana and recently I've had to take a political science course, and to me, socialism seems like the only viable alternative to our current society. I hear socialist constantly used as an derogatory term, and I don't understand it. The prevailing argument against it seems to be that we couldn't accurately regulate the price and therefore the supply, of goods, but doesn't the internet take care of that problem? We could continuously resubmit our needs with little maintenance or cost so as to track the usage and demand of individual goods. Are there any other significant downsides to that form of government?
Posted Jul 27, 2012, 5:24 PM UTC · edited
The freer market of the internet would give the central planners access to better pricing, true. But then you have to ask yourself why Socialism NEEDS an outside freer market to work!
Capitalism achieves the same thing through advertising, and the only difference between online communication of needs and market exchange is the ability to make profit on manufactured demand.
You are, IMO, arguing Socialism is workable when freer market capitalism sets pricing. Sounds pretty silly to me to adopt a system that is only sustainable because of a far more successful system is out there!
The real fault of Socialism is we end up with mandates that burn food and people start to starve because of the higher costs. Think how well that's working as we now burn corn in our cars and food prices are going to go much higher!
BTW, there was another system that works better than what we have now and Socialism. It's the freer market capitalism and gold standard of the industrial revolution. A period of time where the standard of living was unprecedented in improvement!
Give me a time period for your better time, and I might be able to argue that, but I'm not arguing that freer market capitalism sets pricing. I'm instead putting forth the idea that the ability to mass communicate can replace free market pricing because of instantaneous information sharing and the permanent recording of that information. It would make for easily calculable demands whereas capitalism constantly generates excess.
Somehow I dont think price fixing central planners, Socialists, beholden to manufacturing and organized labor constituents that want maximum profit, spread throughout are going to solve the pricing problem.
Excess!! In the real world, freer market capitalism would make for far less excess because it's someone personal money and fortune. Socialism is other peoples money and the central planners dont need to be as mindful of making too much. Especially since they, the central planners, are beholden to constituents that want to manufacture to keep their jobs!