Fact is Chile adopted the free market approach

Japan became more wealthy than their neighbours because they dropped the isolationism and adopted the free market

simple as that

Show me a country that improved greatly without millions suffering that didn't use the free market

Yes they did

And after that in 1860 they adopted the free market, duh

No that came even later still, and that's why they suffered in the 80s

before that they had the free market

Which is a bad idea

See India

Terrible idea if you know anything about economics

I never claimed to be left wing

Ran out of arguments or what?

I can throw some links at you too, but I like to use my own words

Fact is economies develop faster and better without those government subsidized companies and import taxes and such

Africa had their own issues

How come free market works in south america, north america, europe and asia then?

Not completely but the freer it is the better it works

Look at the map for economically free countries, always the richest

Socialism cannot survive without an underground capitalistic system

fact

Talk a big game but absolutely clueless

Next time you argue don't start with throwing insults

''free uni''

The approach Chile has made to open up the market, which came even before Thatcher and Reagan

There is no reason why Chile is a success now and Brazil isn't

Except for the fact that Brazil fell in the trap of socialism

as we can see now, mass amounts of corruption from these 'well meaning' socialists.

Not at all, the government was tyrannical on all points except economical

There was a specific effort in the late 70's to make it a free market, not completely of course

they still had their state corporations but compared to the rest of south america it was

Yes, but so does Venezuela and Brazil, immensely rich countries in theory, poor in reality

I never claimed they were a pure free market, but they did slash out a lot of the nonsense in that time

and it shows

That the free market is better at meeting peoples needs than government

Not heavily at all compared to other countries

Government propping up businesses that can't stand on their own for example

an absolute money pit

A government owned company that makes money is no problem but most are not and suffer for it

A government business will never be organized like a capitalistic company, simply by the fact that it cannot fail.

Worst(best) case scenario it gets sold

Good reply

Not at all

That's something else from actually making the decisions in that business

The fact is that no one will make better decision for a company than the man who has a risk to lose it all or win it all

Government backed businesses never fail and for it it makes bad decisions

Absolutely

Why would a government worker who uses other peoples money make better decisions?

Doesn't have to be great, just better

In everything there are winners and losers, but you have to make it so you can win or lose to make it work at all

Try making a casino in which you always leave without winning or losing

The businessman is absolutely more hurt by the loss than a government worker

Well you can get it in venezuela and cuba

Good luck, I don't think you can

Unless you go work for the post office, which are notoriously slow

I'd work slow with those hours too lol

fuck me that's bad

eh, a lot of stagnation if you get one of those jobs

pay is good for when you're young, then you stay and become comfortable

And the people who took a risk will pass you by mostly

Seen it many times in government organizations, i've worked for some

The capitalist does it with your permission, the state does it by the threat of a gun

And if you make it easier for a worker to start his own business you give him the chance to be his own boss

coerced because it is simply better

You do if you have the skills

Who would fire a good employee?

You're always in risk of losing them to another company if anything

You can literally get more power by becoming a better worker

Some people won't do well, that's a given

But in trying to make their work guaranteed you lower productivity, increase cost

How was the mobility in the socialist countries?

What system do you propose that is better than capitalism in terms of mobility

So no one moves up?\

Do you understand humans at all?

more so than in any alternative

People want to compete and want the prospect of being able to have it better

That's how humans are

Again, show me a system that promotes hard work better than capitalism

for sure, I like Chile as an example

Much better economy than other south american countries

and why would they do better than a Brazil who has vast resources

It was under the pinochet rule

Milton Friedman was involved in that economy

It's a socialist government

It was a government owned company that had the corruption that overthrew that lady, forgot her name

Still waiting for the dodged question: Again, show me a system that promotes hard work better than capitalism

''she should have been more corrupt'' lmao

I don't think he's coming back soon lmao

He's done it before with me

I love this discord

still no answer to that question, dang

A tribal society is not possible anymore and vastly inferior in other aspects

So I guess the claim is now that capitalism promotes more hard work than any other viable system

I don't think those companies do too well

Any examples in which countries these companies are very active in?

Why not? If they're profitable

You could assumingly point to other succesful coop companies right

You can be responsible together

That's the entire idea right, profit together fail together

I assume they would, more chance to get tour money back than if one guy fails and declared bankrupcy