'How should the economy work?'
Let us resolve the question!
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>when nobody votes for communism
Everyone should just like share and stuff, lmao
keynesianism might be a better label than "social democracy". not that it matter, every option besides laissez-faire is just to filter out the lazy parasites.
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Real Nigga Hours Smash Dat Moutha Fuckin Like Button ;)
>people voting for LF
Economic young earth creationists
/thread
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>Laissez faire
Nice meme
LF is the fastest way to communism. Lrn2Accelerationism.
>should
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>strawpoll.me
I'm a cool guy.
>implying I want communism
I'm a market socialist
>Communism is responsible for any famines that took place in communist countries
>Capitalism is not responsible for the billions it has killed via famine, industrial accidents, war, etc
Hmm really made me think.
ideally like Venezuela
Keynesianism is on a whole 'nother axis boy
the less the state is involved = the better
I like the ones where I don't work too hard and get the same money as other people. It's fair because we're all human after all
>brazilian lolbertarian/ancaps
Literally the living embodiment of pic related.
>famines happen all the time in communist countries
>rarely if every happen in capitalist countries
>"n-no, it's not communism causing famines, they just had another year of bad weather"
Kill yourself stupid commie
He lives in a country where the government spent billions on stadiums while people die waiting in line for healthcare
>rarely if every happen in capitalist countries
Famines happened all the time under capitalism, especially in the 19th and early 20th century.
>literally over a hundred years ago
Wow, it's almost like capitalism is self-improving.
And capitalists have improved agriculture so much this doesn't happen any more, except in communist countries. Much bigger famines occurred in communist countries in the latter half of the 20th century.
Are the state capitalist people spamming?
Same thing happened with state communism. Your argument is invalid.
>false equivalence fallacy: the post
>I don't know what a false equivalency is: the post
none of those options are good.
None of them?
How should it work?
>Same thing happened with state communism
Where?
Maybe he means the Soviet Union
econ phd here. having a market economy with strong institutions to prevent widespread corruption and cronyism is best. the rest is cherry on top. we've seen many times that laissez faire, while it sounds good and simplifies models, is not good during crises. there, the government must step up to save the hot potatoes. a government that is both 1)friendly to business and 2)promotes responsible policy will go far.
it goes against my ancap opinions but experience trumps ideology, after all.
>everyone gives me money and offer me their daughters
>I impregnate their daughters, thus saving the white race
>everyone wins
The perfect economy
What do you mean save the hot potatoes?
Which would still not work. Sure, they didn't have famine later because they were industrialized. Instead they had the next best thing, massive shortages of goods.
Public spending to pick up the slack and prevent recession. When unemployment is too high people can't buy shit, so now more businesses fail, which means more unemployment, and it creates a feedback loop of pain.
youtube yaron brook
>ancap
So what do you say to the Austrian contention that it is malinvestment caused by central banking and expansionary monetary policy that creates the business cycle? And that government intervention after the fact, in the Keynesian manner, does not reduce but rather exacerbates the negative effects thereof?
an example for that was the 2008 bailout. i know that it sounds poetic to "let businesses burn and start over" but economists' job is to analyze what would occur in the event of catastrophe and how to prevent it, so that normal folks dont have to suffer through it. and the 2008 crisis would have been a fucking disaster. in the economics world, most policywork is nonpartisan, politics dont enter the equation at the fed, for example (well, for most things). but im on Sup Forums so im gonna pretend i didnt say anything and i clicked on LF to be edgy :P
This senpai I don't think JMK even talked about the capital structure
ive never had the pleasure(or luck) of arguing with one, austrians ideas are on the same level as "privilege" in sociology. sort of valid, but unfalsifiable sometimes, and other times plain wrong. RBCs are not an ideal concept but a lot of it is at least falsifiable and can be checked empirically, at least.
Can We Break 200 Votes???
eat shit statist scum
>having an ideology
>strawpoll.me
>No capitalism
m8 wat r u on about
Can't tell if trolling or just retarded!