• Doc Avid Mornington@midwest.social
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    9 months ago

    Did you know that the US does not have a capitalist system? In fact, it’s silly to think of “capitalism” and “socialism” as systems at all. They aren’t. They are broad systemic feature sets. You’ve probably heard the phrase “mixed economy”. That’s actually what nearly every nation has, a mixed economy, meaning that we have socialist, as well as capitalist, elements. In fact, without socialist elements, the capitalist elements of our economy would have self-destructed a long time ago. You clearly have no idea what capitalism or socialism even are. That’s fine, most people don’t, it’s pretty much the norm, but now that it’s been pointed out to you, you have a choice: learn, and grow, or be a stubborn fool. Hopefully you choose well.

      • sinedpick@awful.systems
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        9 months ago

        Dude, if you have a degree in econ I think your uni should lose its accreditation. I am dead serious.

      • orrk@lemmy.world
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        9 months ago

        a class of econ 101 does not a degree make, tho it is ironic that the economists with the most predictive power tend to not favor your view on economics

      • Doc Avid Mornington@midwest.social
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        9 months ago

        Where’s your degree from, Hillsdale? I can’t imagine it would be any serious school.

        • If you had a legitimate degree, you probably would be able to make a coherent argument, instead of announcing that you have a degree, like it’s a magic talisman, to always make you right.
        • If you had a legitimate degree, you would probably know that there are people with more education than yourself who are socialists, and not believe that having a degree in economics necessarily makes one pro-capitalist.
        • If you had a legitimate degree, you would almost certainly have had at least one or two socialist professors on your way to that degree.
        • If you had a legitimate degree, you probably would have learned more intellectual discipline than to call anybody who doesn’t agree with private capital a “tankie”.
        • If you had a legitimate degree, you probably wouldn’t be so unwise as to assume you were the only one. This thinking shows a really sheltered life, like somebody who has never even been to a university, or encountered new ideas. It connects back to the “magic talisman” view I mentioned above.

        Sure, language is complex, and it isn’t broadly wrong to refer to the US as a “capitalist country”, as capitalism is certainly the dominant economic power, here, but that’s intentionally dodging the point. You were the one speaking in absolutes, saying “But socialism is a stupid inefficient system, so it’s a non starter.” That statement alone indicates a complete lack of understanding of what socialism is, an understanding rooted in absolute systems, which in turn heavily implies a lack of understanding of what capitalism is. What do you think these words actually mean? Come on, show me what that Hillsdale degree was worth.