TagliatelliMonster
Veteran Member
Yes and you are Italian.
When I hear US people talk about socialism, there seems to be very little difference with communism.
My point exactly.
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Rev...unlike USA, all European countries are intrinsically socialist
- Thread starter Estro Felino
- Start date
When I hear US people talk about socialism, there seems to be very little difference with communism.
My point exactly.
Because they don't understand the difference.
They were brainwashed to think since they were little kids that the law of the fittest is the only alternative (TINA)...so they don't understand the notion of a State that embodies the common good and administers the public matter and the resources of a country.
So anything that crosses the line of laissez-faire is bad, whether it is Soviet Communism or balanced, European socialism.
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Y= income ( provided by enterprises)
C= consumption of goods and services
S= savings
I= investments
Z= imports
X= exports
G= public expenditure
Ti= indirect tax revenue
XN= net exports (X-Z)
B= state transfers (aid and wages).
B-Td= state transfers minus direct taxes
You see this economic circuit I drew? This is supposed to represent that Y+ B-Td must necessarily be equivalent to C + I + G + XN
Y + (B -Td) = C + G + I + NX
and I = S
In this way an economic system can work perfectly. But in order to make it work perfectly, a Socialist State needs to fix the frequent dysfunctions due to individualistic choices (whether they are egoistic or in good faith).
C= consumption of goods and services
S= savings
I= investments
Z= imports
X= exports
G= public expenditure
Ti= indirect tax revenue
XN= net exports (X-Z)
B= state transfers (aid and wages).
B-Td= state transfers minus direct taxes
You see this economic circuit I drew? This is supposed to represent that Y+ B-Td must necessarily be equivalent to C + I + G + XN
Y + (B -Td) = C + G + I + NX
and I = S
In this way an economic system can work perfectly. But in order to make it work perfectly, a Socialist State needs to fix the frequent dysfunctions due to individualistic choices (whether they are egoistic or in good faith).
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