Archive for the ‘Socialism’ Category

Socialism alert: North Carolina GOP Senator Harry Brown wants to redistribute the wealth

Could North Carolina Republican Senate Majority Leader Harry Brown be part of the vast, shadowy left-wing network that Civitas warned us about?

WRAL reported on the Republican legislative agenda, which is to say, its a secret. But the money quote appeared toward the bottom of the story, by Brown of Onslow County. He wants to rejigger sales tax revenues, the article said, to redistribute money collected in urban counties such as Wake to lower-wealth counties such as Jones, which is part of his Senate district.

Whoa, a Republican wants to redistribute wealth? That sounds like Obama socialism to me.

"What it has created over time is the wealthier counties are getting wealthier and the poorer counties are getting poorer," Brown was quoted as saying.

Welcome to America, Senator Brown, where the middle class is disappearing and the top 1 per cent of families earned 20 per cent of the country's income. That sounds like the economic system championed by the disciples of Ronald Reagan.

Lets hear from other Republicans on the idea of wealth redistribution:

We believe in free people and free enterprise, not redistribution. The right course for America is to create growth, create wealth, not to redistribute wealth.Mitt Romney

The best opportunity for someone in the lower class is a good job, and that idea should be the idea were promoting, rather than taking from one to give to another. U.S. Rep. Diane Black of Tennessee, a Ways and Means Committee member, about Obamas recent tax plan.

"Another income redistribution scheme,U.S. Senate Majority Leader Mitch McConnell after Obamas State of the Union speech.

The president is trying to advance his goal of wealth redistribution. U.S. Sen. James Inhofe, Oklahoma

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Socialism alert: North Carolina GOP Senator Harry Brown wants to redistribute the wealth

Fleeing France Tax cuts follow Socialism

In 2012 the French elected a Socialist government to stick it to the rich. As a result, the electorate, not the rich, got what they deserved.

Socialist President Francois Hollande saw the implementation of his promised 75 percent tax rate on incomes of more than one million Euros, but the government never saw the promised revenue. The tax brought in only 420 million Euros, a figure so embarrassing that Hollande could not justify keeping the tax. And the economic damage to the country was worse.

From 2005-2007, foreign direct investment in France averaged $85 billion a year, The Wall Street Journal reported earlier this month. In 2013, it was less than $5 billion. Money stopped flowing into the country and more rich people than usual began flowing out.

Socialism requires the elimination of choices. That is why Berlin had a wall to keep East Berliners in, Cubans and North Koreans are trapped in their failed states, and Obamacare contains the insurance mandate.

Given the choice, those targeted for corrective action by the state will flee or revolt. To limit the former and prevent the latter, Hollandes government has let the 75 percent tax rate die and announced plans to cut taxes this year. Another Socialist dream flushed down historys toilet.

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Fleeing France Tax cuts follow Socialism

Afrocentricity v. Scientific Socialism with Dr. Kmt Shockley – Video


Afrocentricity v. Scientific Socialism with Dr. Kmt Shockley
Dr. Kmt Shockley was our guest in this edition of Inside the SGJC with Dr. Jared Ball. We discussed and debated Afrocentricity v. Scientific Socialism and wh...

By: Jared A. Ball

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Afrocentricity v. Scientific Socialism with Dr. Kmt Shockley - Video

Dawn Of A New Politics In Europe?

About 40 years ago, one of Maggie Thatchers chief advisors remarked that he wouldnt be satisfied when the Conservative Party was in government: he would only be happy when there were two conservative parties vying for office.

He got his wish of course. The UK Labour Party of the 1950s that espoused socialism gave way to Tony Blairs New Labour, and the same shift occurred worldwide, as justified disillusionment about socialism as it was actually practicedas opposed to the fantasies about socialism dreamed up by 19th century revolutionariesset in. Parties to the left of the political centrethe Democrats in the USA, Labour in the UK, even the Socialist Party that currently governs Francefollowed essentially the same economic theories and policies as their conservative rivals. Differences in economic policy, which were once sharp Left-anti-market/Right-pro-market divides, became shades of grey on the pro-market side.

Both sides of politics accepted the empirical fact that market systems worked better than state-run systems. The differences came down to assertions over who was better at conducting a pro-market economic agenda, plus disputes over the extent of the governments role in the cases where a market failure could be identified.

So how do we interpret the success of Syriza in the Greek elections on Sunday, when this avowedly anti-austerity, left-wing party toppled the left-Neoliberal Pasok and right-Neoliberal New Democracy parties that, between them, had ruled Greece for the previous 4 decades? Is it a return to the pro-market/anti-market divides of the 1950s?

Noor rather, it doesnt have to be. It can instead be a realisation that, though an actual market economy is indeed superior to an actual centrally planned one, the model of the market that both sides of politics accepted was wrong.

That modelknown as Neoliberalism in political circles, and Neoclassical Economics in the economic ones in which I moveexalts capitalism for a range of characteristics it doesnt actually have, while ignoring characteristics that it does have which are the real sources of both capitalisms vitality and its problems.

Capitalisms paramount virtues, as espoused by the Neoliberal model of capitalism, are stability and efficiency. But ironically, the real virtue of capitalism is its creative instabilityand that necessarily involves waste rather than efficiency. This creative instability is the real reason it defeated socialism, while simultaneously one of the key reasons socialism failed was because of its emphasis upon stability and efficiency.

I could get theoretical hereand I will in future columnsbut a personal experience is rather more telling. About 40 years ago, a then-girlfriends brother wanted to buy a 650cc motorbike, but he couldnt afford the roughly $3000 it took to buy a Yamaha or a Kawasaki (let alone what a Harley or a BMW would have cost then in Australia). But he discovered that he could buy a 650cc Russian motorbikethe evocatively named Cossackfor a mere $650. So he ordered one. And I helped him unpack it.

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Dawn Of A New Politics In Europe?

Topic: the economy developed into a type of socialism – Video


Topic: the economy developed into a type of socialism
Look today on new interesting topic - the economy developed into a type of socialism. *---*---*---*---*---*---*---*---*---*--*---*---*---* Check out more exciting topics: https://www.youtu...

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Topic: the economy developed into a type of socialism - Video