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<blockquote data-quote="wkmac" data-source="post: 825013" data-attributes="member: 2189"><p>What you said on China is a very good analysis but China also is another example of where 1 of the factors of production becomes weighted to one side and creates an imbalance to a negative impact. Instead of capital however, it was labor. From that unintended consequences can arise. </p><p> </p><p></p><p> </p><p>The Soviet Union and it's most infamous 5 and 10 year plans would be a good example but let's not ignore our nation's own efforts at such modeling. We sugar coat our own efforts to hide the fact we do the very same thing but we call them budgets. Is extracting out wealth from one economic sector in the form of taxation to then be redistributed into another sector via tax cuts and credits really any different from actually owning all mean of production? If the end result is to plan and control the outcome, how is it different? And how is it we demand gov't to give us jobs any different from what the average Soviet citizen might have done in bad times and yet we're the capitalist nation? Maybe the average American really does know their station in life after all. </p><p> </p><p>If the old Soviet Union became a zombie (excellent illustration on your part) model using planning models, what are we becoming using large national centered budgets? Marx said that capitalism ultimately on it's own ends in socialism and so far in this area he does seem to be batting 1k! Economist Joseph Schumpeter also agreed although Schumpeter wasn't looking for the same outcome or reasons as Marx. Schumpeter also had some interesting remarks on democracy in light of capitalism too if you wanted to look that up sometime.</p><p> </p><p> </p><p></p><p> </p><p>"Information is power!" Yes, absouletely and just like any computer, calculator or math equation, input the wrong info and you get the wrong answer. But then control the info that is input and you get the answer that you want while everyone else thinks this is the sum total and being none the wiser.</p><p> </p><p>Thanks again for the subject and thanks again for the wonderful conversation!</p><p><img src="/community/styles/default/xenforo/smilies/FeltTip/peaceful.png" class="smilie" loading="lazy" alt=":peaceful:" title="Peaceful :peaceful:" data-shortname=":peaceful:" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 825013, member: 2189"] What you said on China is a very good analysis but China also is another example of where 1 of the factors of production becomes weighted to one side and creates an imbalance to a negative impact. Instead of capital however, it was labor. From that unintended consequences can arise. The Soviet Union and it's most infamous 5 and 10 year plans would be a good example but let's not ignore our nation's own efforts at such modeling. We sugar coat our own efforts to hide the fact we do the very same thing but we call them budgets. Is extracting out wealth from one economic sector in the form of taxation to then be redistributed into another sector via tax cuts and credits really any different from actually owning all mean of production? If the end result is to plan and control the outcome, how is it different? And how is it we demand gov't to give us jobs any different from what the average Soviet citizen might have done in bad times and yet we're the capitalist nation? Maybe the average American really does know their station in life after all. If the old Soviet Union became a zombie (excellent illustration on your part) model using planning models, what are we becoming using large national centered budgets? Marx said that capitalism ultimately on it's own ends in socialism and so far in this area he does seem to be batting 1k! Economist Joseph Schumpeter also agreed although Schumpeter wasn't looking for the same outcome or reasons as Marx. Schumpeter also had some interesting remarks on democracy in light of capitalism too if you wanted to look that up sometime. "Information is power!" Yes, absouletely and just like any computer, calculator or math equation, input the wrong info and you get the wrong answer. But then control the info that is input and you get the answer that you want while everyone else thinks this is the sum total and being none the wiser. Thanks again for the subject and thanks again for the wonderful conversation! :peaceful: [/QUOTE]
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