http://8ch.net/leftypol/res/1852821.html

@ClibtardMario it did become a superpower from scratch in short time

USSR built a large bubble which collapsed later on into a depression and hyperinflation

because of capitalism

State-guided economies often have a large latency when it needs to answer the changing needs of the population.

checkmate

Wrong

nerd

@ClibtardMario The important thing is not to follow an ideal. Be it market or planned economy, yes?

In fact, thats a funny thing to mention because since the collapse of USSR, Russia is growing extremely fast

are you making the leftcom arument of ussr being states-capitalism or are you referring to something else @Ivan, the drunk

@Firefly Free market capitalism did work, specially on high doses

none of them I was just being sarcastic

@ClibtardMario Why is that important?

I suppose most of us here don't want the citizens starving

Or just living a miserable living condition

I doubt anything but authoritorian state-capitalism would've been as good for russia at that time

@ClibtardMario so if there will be crisis of capitalism will you join us?

Nope

But you don't like seeing people starving?

Because capitalism right now is being moved by overspending and government intense regulation (i.e. keynesianism)

I'm calling for a crash within a year or so

Yes, and if it is in crisis and makes people starve it should go, right?

Most people think like that?

keynes isn't regulations is it? isn't it more about spending

that'll be socdem

Both

@Firefly I blame the last capitalist crises on keynesianism.

what do you blame the great recession on?

@ClibtardMario I'm just trying to follow your logic.

@Sampuka Federal Reserve monetary loosening and government deficit spending

Plus some laws enacted by Clinton which increased the governments incentives on housing ownership

@ClibtardMario If people starve we do not want that and we change the system, right?

it was an interesting time because it changed economic theory so much

from neoclassical to keynes

@Firefly If people start to starve under the current system, change it to free market capitalism.

You want those people to be able to work hard and make a better life for themselves if they're not in need of immediate help by say war

@ClibtardMario In free market people never strave?

Not really @Sampuka , keynesianism has been widely used since the start of the 1970s

wait, we're talking about to different recessions then

Started by the 70s, paused a bit under Reagan (which was still fiscal populist) and then returned full speed