Socialism

[impact]

Given that with the Great Reset this is the path world leaders have chosen I thought I would share a primer on what it is all about.

"The main goal of socialism is to narrow, but not totally remove, the gap between the rich and the poor. The government, through its agencies and policies, takes the responsibility to redistribute production and wealth, making the society fairer and leveled."


"Other Important Characteristics of a Socialist System"


"A socialist economy also offers collective ownership, usually through a state-controlled agency, worker cooperative, or owned by the society as a whole, with delegation to representatives. Socialist market economies generally discourage private ownership."


"In addition, in socialist market economies, goods and services are produced for their usefulness, with the aim to eliminate the need for a demand-based market. In this way, it discourages accumulation, which is assumed to be the root cause of wealth imbalance."

https://www.investopedia.com/article...korea-work.asp

Here is an example of how we are progressing...

https://canadians.org/analysis/counc...ase-retirement

https://www.thestar.com/news/canada/...oper-care.html

[MikePal]

This sums it up nicely...HaHa.

.

[MikePal]

Just take a look a Venezuela:

Sounds familiar ???

But perhaps the most harmful part of the Venezuelan socialist project is the part that the international media and leftist figures used to praise most frequently: welfare programs. The socialist regime created social “missions” aimed at tackling poverty, illiteracy, healthcare, and more. But despite enjoying higher government oil revenues due to a tenfold rise in oil prices from $10 a barrel in 1999 to more than $100 in 2008, the regime financed a growing deficit by printing more currency. Expansive welfare programs and massive public-works projects provided ever-growing opportunities for still greater corruption. Printing money to pay for endless state programs unsurprisingly led to high rates of inflation.

In this way, socialism run rampant—not cronyism, corruption, falling oil prices, or U.S. sanctions—caused the crisis in Venezuela. Welfare programs that were supposed to help the poor actually increased the cost of living. A foreign currency control that aimed to reduce inflation only increased it and allowed for massive corruption. And nationalizations that should have given “power” to workers only left them unemployed and hungry.

more :

How Socialism Destroyed Venezuela
https://economics21.org/how-socialis...oyed-venezuela

[impact]

Just take a look a Venezuela:

Sounds familiar ???



more :

How Socialism Destroyed Venezuela
https://economics21.org/how-socialis...oyed-venezuela

So, being that it is now a Global endeavour, do you believe Venezuela was doomed for failure as a stand alone attempt and this Global reset will succeed?

[MikePal]

So, being that it is now a Global endeavour, do you believe Venezuela was doomed for failure as a stand alone attempt and this Global reset will succeed?

The Universal Basic Income (UBI) will be the downfall :

A universal basic income would not only lift more than 3.2 million Canadians out of poverty, it would also create hundreds of thousands of new jobs, grow the economy by tens of billions of dollars and eventually pay for itself with increased tax revenues.

The first, a guaranteed minimum income based on the design of Ontario’s cancelled basic income pilot project, would ensure a minimum income of $24,000 for individuals and $34,700 for couples. The second program, based on a proposal by UBI Works, would guarantee a minimum income of $24,000 for individuals and $36,000 for couples, while also paying a $6,000 “universal dividend” to all adults.

The bad:

But UBI is a flawed idea, not least because it would be prohibitively expensive unless accompanied by deep cuts to the rest of the safety net. In the U.S. (population: 327 million), a UBI of just $1,000 per month would cost around $4 trillion per year, which is close to the entire federal budget in 2018.

Without major cost savings, federal tax revenue would have to be doubled, which would impose massive distortionary costs on the economy. And, no, a permanent UBI could not be financed with government debt or newly printed currency.

Sacrificing all other social programs for the sake of a UBI is a terrible idea.

[Jakezilla]

Socialism.....Ideas so good they have to be mandatory

[fishfood]

Walking us right down the path to he ll lol.

Just gotta vote them out that's all.


Sent from my CLT-L04 using Tapatalk

[MikePal]

This CERB benifit is a trail run of the UBI.....the abuses of the 'money for nothing ' has takes a huge toll on addicts. Drug overdoses etc are thru the roof. Getting $2K a month went straight into their arms (figure of speech). It has decimated the young in the indigenous communities.

Employeers can't find workers anymore, no one will take part time work anymore, why should they they get more in CERB payments.

Can you imagine trying to kick junior out of your basement when he's living there for FREE and getting $2K an month ?

[Birdbuff]

This CERB benifit is a trail run of the UBI.....the abuses of the 'money for nothing ' has takes a huge toll on addicts. Drug overdoses etc are thru the roof. Getting $2K a month went straight into their arms (figure of speech). It has decimated the young in the indigenous communities.

Employeers can't find workers anymore, no one will take part time work anymore, why should they they get more in CERB payments.

Can you imagine trying to kick junior out of your basement when he's living there for FREE and getting $2K an month ?

As far as the employers comment. The trickle effect of wealth hasn’t occurred enough so that employers can pay a good wage to entice new employees. The tech sector and the internet start up craze has every millennial out there believing they can get rich quick without breaking a sweat. I find it difficult to hire new employees that have no experience and want to try framing. They think that because it’s manual labour they should be making the moon worth of wages. It’s just not possible.

[trimmer21]

All anyone needs to know can be summed up by studying this subject: Union of Soviet Socialist Republics. Google and Wikipedia have extensive data on this subject and it's an easy read.