Quote:
Originally Posted by hezzabell
Ah yes, but i did say "potential" ramification.
It is intersting that you have decided to label me as "socialist". I don't believe i mentioned any political preference, and indeed, if you check my post you will see that i am equally critical of all parties.
The crux of the matter is that the economy is subject to continual readjustments according to the political perversities of whoever is in charge at the time and yet capitalism exists to a large extent outside the capabilities of politicians. This is fundamentalist capitalism.
As to the vexing question of taxation - nobody likes paying taxes but if your taxes are funding sociaty as a whole then we all benefit, when your taxes are subsidising capitalism then only the few benefit.
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I described you as such because you were and are advocating a state controlled and based economy.
I am likewise equally critical of all political parties now, because they're all hopeless
We're a very long way outside of fundamental capitalism, fundamental capitalism would have allowed the banks to fail, not socialised their failure.
Agreed regarding corporate welfare, just disagree about where the money should go. My opinion is that it should stay where it is so that people can spend it as they choose not be siphoned off in tax for the state to spend. That's a kind of corporate welfare too.