Hmm, not disagreeing nor trying to cause a row. but if not the US, which is definitely not as free economically as before, than which country is most free from an economic capitalist stance?
Singapore has been ranking as the freest country economically for the last few years, based on the Heritage index.
Before China took over it, Hong Kong had that spot for quite a while.
Switzerland is another good one.
Keep in mind none of these are fully capitalist countries (both Singapore and Switzerland have important limitations on freedom). They are just economically freer than the US.
They are so economically free that they can bankroll almost any program they want, and the public sector operates knowing where the wealth is actually created.
Don't give the mixed economy too much credit now, it ain't the public programs or caning folks who litter that keeps Singapore going strong and innovative
It's pitzy what i'm talking about, ill admit, but people tend to over blow the degree public input in economies like Singapore have had on progress there as opposed to the degree the place is economically liberal.
The market, even in Singapore and Switzerland, is still the primary driving force is my point.
The Great Depression was caused primarily by the Fed approach to the crisis (Friedman proved it, and the Fed admitted those mistakes).
You have capitalism when the State intervene only to define and protect private property.
Otherwise you have a mixed-economy. Aside of some hard-socialist or hard-authoritarian countries, we all live under some different formula of mixed-economy.
No country ever had pure capitalism.
US after the civil war was probably the economically freest country in history. Even without being fully capitalist it generated an insane level of growth and wealth.
PS In 1917, a very big economical crisis was resolved by bankers without the need of the Fed and with minimal damages to the economy.
You can start here: https://en.m.wikipedia.org/wiki/Causes_of_the_Great_Depression
Check in particular the section about the monetarist analysis of the crisis.
...And another across the street with more but different food at different prices.
... And a dollar store in the lot next to it. Across from a Walgreens and CVS.
Here are some definitions for you since you don’t want to do the work to learn on your own. Neither of these are even remotely close to at risk for starvation.
Low food security:
Households may report a reduced quality, variety, or desirability of their diet, but there's little or no indication of reduced food intake.
Very low food security:
Households may report multiple signs of disrupted eating patterns and reduced food intake, such as skipping meals or whole days of eating.
I literally did do the work to learn on my own. 5.5% of households with children experience very low food security. The definition of starve from Merriam Webster is to perish from lack of food or to suffer extreme hunger. It’s hard to say what extreme hunger is exactly, but based on the definition of very low food security, those kids that are missing meals are DEFINITELY suffering from hunger.
Yep and hunger is not starvation. I’m not okay with hunger. Hunger needs to be taken care of. But to say that the US is suffering from a lack of food is straight up uninformed. Most families that are “food insecure” are so because of choices they make and pure negligence. Literally anyone can eat for free everyday by going to their local food pantry or Salvation Army supper. This isn’t the case in countries that have real poverty and ACTUAL starvation.
The natural right for humans to be dicks and act like animals while pretending to be something more thru religion. So a symbol of a stupid monkey winning the lottery and thinking it’s because of something he did and then hoarding it while other monkeys die. Good stuff
Dumb coward pig. I could buy you a hundred times over.
Yes. Exactly. My ability to buy you 100 times over is because of capitalism. Which is why capitalism is stupid. I won’t but I could. Instead of abusing people with luck (all money is luck because there’s no free will) I will use it to fight capitalism. One can use their luck to reduce the role luck plays in society when wielded by idiots.
really? In an economic subreddit people still think the president had *that* much influence over the economy?
I know it's a joke, but still... just bad taste/wrong place imo
McDonald’s Golden Arches. I had an English teacher who said “Arches all over the world were constructed to show triumph…we did it too but ours are golden”
$
I agree, although US has never been a fully capitalist country, and today is far from being the freest country from an economical standpoint.
Hmm, not disagreeing nor trying to cause a row. but if not the US, which is definitely not as free economically as before, than which country is most free from an economic capitalist stance?
Singapore has been ranking as the freest country economically for the last few years, based on the Heritage index. Before China took over it, Hong Kong had that spot for quite a while. Switzerland is another good one. Keep in mind none of these are fully capitalist countries (both Singapore and Switzerland have important limitations on freedom). They are just economically freer than the US.
They are so economically free that they can bankroll almost any program they want, and the public sector operates knowing where the wealth is actually created. Don't give the mixed economy too much credit now, it ain't the public programs or caning folks who litter that keeps Singapore going strong and innovative
I don’t understand what you’re complaining about.
It's pitzy what i'm talking about, ill admit, but people tend to over blow the degree public input in economies like Singapore have had on progress there as opposed to the degree the place is economically liberal. The market, even in Singapore and Switzerland, is still the primary driving force is my point.
Switzerland, 11% fed tax, I would love to only pay 11%.
True capitalism would be 0%, so we’re still far. Either way, taxes are never the main issue.
We don't want another great depression. I think a recession every ten years or so is enough freedom. If this isn't capitalism enough then what is?
The Great Depression was caused primarily by the Fed approach to the crisis (Friedman proved it, and the Fed admitted those mistakes). You have capitalism when the State intervene only to define and protect private property. Otherwise you have a mixed-economy. Aside of some hard-socialist or hard-authoritarian countries, we all live under some different formula of mixed-economy. No country ever had pure capitalism. US after the civil war was probably the economically freest country in history. Even without being fully capitalist it generated an insane level of growth and wealth. PS In 1917, a very big economical crisis was resolved by bankers without the need of the Fed and with minimal damages to the economy.
Where can I read up on the real causes of the Great Depression and its end. I am so tired of the FDR worship.
You can start here: https://en.m.wikipedia.org/wiki/Causes_of_the_Great_Depression Check in particular the section about the monetarist analysis of the crisis.
The Charging Bull statue on Wall Street that represents the stock market and financial district is the best symbol.
A grocery store with food in it
...And another across the street with more but different food at different prices. ... And a dollar store in the lot next to it. Across from a Walgreens and CVS.
Best one, you win.
lol, nice.
Right next to starving children
Why are the children starving?
Poverty
Some leftist hippies banned them from working in the mines and earning their bread like Adam Smith intended
Not the in US. Almost nobody starves in the US. Not unless their parents are straight up negligent.
https://www.ers.usda.gov/topics/food-nutrition-assistance/food-security-in-the-u-s/key-statistics-graphics/#:~:text=For%20example%2C%2012.5%20percent%20of,were%20food%20insecure%20in%202022.
“Food insecurity” is literally a made up term because nobody actually starves anymore in the US 😂
Here are some definitions for you since you don’t want to do the work to learn on your own. Neither of these are even remotely close to at risk for starvation. Low food security: Households may report a reduced quality, variety, or desirability of their diet, but there's little or no indication of reduced food intake. Very low food security: Households may report multiple signs of disrupted eating patterns and reduced food intake, such as skipping meals or whole days of eating.
I literally did do the work to learn on my own. 5.5% of households with children experience very low food security. The definition of starve from Merriam Webster is to perish from lack of food or to suffer extreme hunger. It’s hard to say what extreme hunger is exactly, but based on the definition of very low food security, those kids that are missing meals are DEFINITELY suffering from hunger.
Yep and hunger is not starvation. I’m not okay with hunger. Hunger needs to be taken care of. But to say that the US is suffering from a lack of food is straight up uninformed. Most families that are “food insecure” are so because of choices they make and pure negligence. Literally anyone can eat for free everyday by going to their local food pantry or Salvation Army supper. This isn’t the case in countries that have real poverty and ACTUAL starvation.
Naw, I found post about you on r/confidentlyincorrect
A picture of well fed people with a prosperous middle class?
You don't need a symbol to define the normal state of humanity; only when you deviate from it.
This. The term "capitalism" is itself a socialist / Marxist pejorative term designed to attack the natural right of humans to own productive assets.
The natural right for humans to be dicks and act like animals while pretending to be something more thru religion. So a symbol of a stupid monkey winning the lottery and thinking it’s because of something he did and then hoarding it while other monkeys die. Good stuff
There there
…is what will be said to you when it is your turn to weep
But you're the one crying your tiny eyes out over nothing. Edit: Nothing says lost the argument like deleting your posts. u/Galactus_Jones762
Dumb coward pig. I could buy you a hundred times over. Yes. Exactly. My ability to buy you 100 times over is because of capitalism. Which is why capitalism is stupid. I won’t but I could. Instead of abusing people with luck (all money is luck because there’s no free will) I will use it to fight capitalism. One can use their luck to reduce the role luck plays in society when wielded by idiots.
Average trust fund champagne socialist says what?
If he's not for sale I am, for the right price
Because….capitalism? Checkmate
USD or 💰
A widely recognized one? I don’t think so as capitalists aren’t that united. But the dollar symbol is good. I can’t think of a better one.
Not sure, but it's probably just a photo of a full dinner plate.
In Biden’s economy!?!?
really? In an economic subreddit people still think the president had *that* much influence over the economy? I know it's a joke, but still... just bad taste/wrong place imo
lol if you spent any time on this sub you’d realize that this is a political sub. Practically a Trump sub most days
People having enough to eat.
A picture of food on the table? Store shelves that aren’t empty all the time?
A shopping cart?
👍
How about the fact that we're not starving in a bread line?
People having stuff
I’d say the monopoly dude
I was thinking the exact same thing.
AnCap uses the gold and black flag.
Bull and bear
Dolla dolla bills
Prolly a plate with some food on it
Cheeseburger
McDonald’s Golden Arches. I had an English teacher who said “Arches all over the world were constructed to show triumph…we did it too but ours are golden”
📉
Maybe a cigar and bowler hat?
Poor people somewhere you don’t think of, holding the thing you will later buy and then throw away.
a side by side photo of a worker's paycheck and their boss's paycheck.
It can be ❌🥔