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The Forum > Article Comments > Pendulum swing from globalization to protectionism? > Comments

Pendulum swing from globalization to protectionism? : Comments

By Vince Hooper, published 29/8/2017

In effect, QE is Monetary Socialism and has encouraged greater moral hazard since 2010.

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Aidan,

Let's cut through all your crap: why don't you just tell us what it is you love about communism. Tell us why you're such a big fan.

Is it the totalitarian suppression of contrary thought? Is it the random arrests, torture, jailing? Is it the accumulation of great wealth by the small gangs who have run such governments at the expense of the people? Is it the wonderful economic performance of communist states - you know, like the former East Germany and the current North Korea?

Go for it.

Go ahead, give the world the benefit of your great wisdom.
Posted by calwest, Monday, 4 September 2017 1:13:19 PM
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calwest,
I'm not a big fan of communism.
Indeed I'm not even a small fan of communism.
Its one admirable feature is that it focuses on improving the living standards of ordinary people and making them more productive. But that's not an exclusive feature of communism; indeed it works better, and is more sustainable, in a market economy.

My point is that your fear of communism is irrational, and is adversely affecting your reasoning. See my second and third posts in this thread for more details.
Posted by Aidan, Monday, 4 September 2017 3:05:27 PM
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