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Pendulum swing from globalization to protectionism? : Comments
By Vince Hooper, published 29/8/2017In effect, QE is Monetary Socialism and has encouraged greater moral hazard since 2010.
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«What we know for certain is that communism is not and was not the utopia Diver Dan seems to think it is. If there is no financial incentive available, why bother to be productive?»
Correct, but it's so sad that you could not come up with a better counter-argument!
Is THIS our main reason for detesting communism, that it's an economic disaster (which it is)?
Suppose communism happened to be economically brilliant, would you then embrace it?
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Dear Dan,
«We in the West have no yardstick»
Please speak for yourself: I live in the West and I have a very clear yardstick. I don't need government or politicians to provide me with one.
«Yep, I think communism sounds like a good alternative! There is a security attached to it»
So where would a religious person like yourself end up under communism? In a very secure prison or gulag, or securely six feet underground!
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Dear Aidan,
Thank you for introducing us to "politicalcompass.org".
I am happy to share your quadrant: http://www.politicalcompass.org/yourpoliticalcompass?ec=-1.0&soc=-4.05
Regrettably it's only two-dimensional as the most important dimension is missing - the spiritual dimension.