Message from @GE
Discord ID: 502637907815694346
Great Depression wasn’t the failure of capitalism, as you could notice we recovered @Mord
Same with gilded age
The great memetic
@Outboarduniform are you saying the great depression wasn't a failure
@NormieCamo temporary crash of the stock market, it didn’t totally collapse like in Weimar Germany’s case
theyre recognizing it and fixing it- thats the whole reason they did recognize it as existing in the constitution
Capitalism hasn’t failed in America yet
@Outboarduniform that does not mean it isnt a failure
Great Depression was like any other economic cycle
It’s ups and downs
A terrible down though
^^
like wartime tactics, the 'best' economic system changes based on the environment surrounding a nation
Great nigga
Terrible down indeed
No
It was followed by a great up to compensate
That’s the market mord
Also we only recovered thanks to the state heavily interfering with the glorious, perfect free market
What’s your thought behind it then
Capitalism has not *coollapsed" but it has failed.
Laissez faire is retarded we all know this
<:npc:500426131493617684> Free Market Good
@Mord of course
Well
Fuck l hate typing on a phone
How can something fail but not collapse
But that doesn’t mean that our market isn’t relatively without regulation
Laissez faire is autism
Our industries are not nationalized
Our exports and imports are not managed by the state
(((Laissez Faire)))
We shouldn’t have a 100% free market as it will always be dangerous
We do not have massive national economic plans
There is always need for regulation
I’d say we’re doing relatively fine
But not too much to strangle any chance of competition
It would be better under corporatism and I would unironically rather live in Stalin land than Libertarian land
@Outboarduniform agreed