I have a question for all the Europeans and Australians that seem to love to bash capitalism...does the fact your world GDP percentage continues to shrink in the face of American, Asian, and Latin American capitalism scare you at all? USA percentage of world GDP has held pretty steady over the last 40 years (after a huge jump after WW2). Asian countries have seen a steady increase, and Latin America with a slight increase (they would be more of a threat if they could simply implement better law enforcement and reduce corruption). In the mean time, the EU continues a steady decline. If the trend continues the EU will be passed by Asia in the next decade, and in the next 50 to 100 years be similar to Latin America or even Africa.
That pretty much sums up why Americans do not like socialism. Yeah, it's great for a while when you can piggy back on the successes of the past. Everyone gets to share in the current wealth structure. Yet it is destined to be a slow death. Socialism stagnates the economy. In a vacuum it is great, but when going up against foreign competition it will continue to fall behind.
The USA certainly has it's own issues, and I am not in favor of unchecked capitalism. Yet I find it laughable how many people here laud socialism as being great when a continued erosion of your GDP with no signs of reversing is staring you right in the face. Sharing wealth is great, but at some point you won't have any to share.
and to get back to the original point, you trust a government that ignores that trend? Maybe you should trust your government less.
Heck, the US has a similar thing staring them in the face, the national debt. That too was caused by politicians.
That pretty much sums up why Americans do not like socialism. Yeah, it's great for a while when you can piggy back on the successes of the past. Everyone gets to share in the current wealth structure. Yet it is destined to be a slow death. Socialism stagnates the economy. In a vacuum it is great, but when going up against foreign competition it will continue to fall behind.
The USA certainly has it's own issues, and I am not in favor of unchecked capitalism. Yet I find it laughable how many people here laud socialism as being great when a continued erosion of your GDP with no signs of reversing is staring you right in the face. Sharing wealth is great, but at some point you won't have any to share.
and to get back to the original point, you trust a government that ignores that trend? Maybe you should trust your government less.
Heck, the US has a similar thing staring them in the face, the national debt. That too was caused by politicians.