@matthewsheffield
"the failures of capitalist society"
socialism = economic chaos, anarchy of production, shortages, waiting lines, hoarding, rationing, aristocratic privilege for leaders, mass misery for masses, tyranny, totalitarian dictatorship, exploitation, forced/slave labor, terrorism, mass murder, mass impoverishment, black markets
@matthewsheffield
"the failures of capitalist society"
socialism = economic chaos, anarchy of production, shortages, waiting lines, hoarding, rationing, aristocratic privilege for leaders, mass misery for masses, tyranny, totalitarian dictatorship, exploitation, forced/slave labor, terrorism, mass murder, mass impoverishment, black markets
statist central planning + narrow statist political incentives and decisions + statist bureaucratic management + state ownership & state control + statist monopoly = shortages + economic chaos + destruction + inefficiencies + waste + malinvestment + capital decumulation = disaster & catastrophe & misery
statist central planning + narrow statist political incentives and decisions + statist bureaucratic management + state ownership & state control + statist monopoly = shortages + economic chaos + destruction + inefficiencies + waste + malinvestment + capital decumulation = disaster & catastrophe & misery
What a nice pop song, and its about the failures of capitalist society.
@matthewsheffield "the failures of capitalist society" socialism = economic chaos, anarchy of production, shortages, waiting lines, hoarding, rationing, aristocratic privilege for leaders, mass misery for masses, tyranny, totalitarian dictatorship, exploitation, forced/slave labor, terrorism, mass murder, mass impoverishment, black markets
@matthewsheffield "the failures of capitalist society" socialism = economic chaos, anarchy of production, shortages, waiting lines, hoarding, rationing, aristocratic privilege for leaders, mass misery for masses, tyranny, totalitarian dictatorship, exploitation, forced/slave labor, terrorism, mass murder, mass impoverishment, black markets
statist central planning + narrow statist political incentives and decisions + statist bureaucratic management + state ownership & state control + statist monopoly = shortages + economic chaos + destruction + inefficiencies + waste + malinvestment + capital decumulation = disaster & catastrophe & misery
statist central planning + narrow statist political incentives and decisions + statist bureaucratic management + state ownership & state control + statist monopoly = shortages + economic chaos + destruction + inefficiencies + waste + malinvestment + capital decumulation = disaster & catastrophe & misery