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The Water Cooler
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Socialism is here - Sen. Warren pushes bill to nationalize US corporations
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<blockquote data-quote="Wyatt M" data-source="post: 3145954" data-attributes="member: 43420"><p>It is interesting to note that Communism, as an economic system, eventually fails for much the same reason. The creed of Communism is "from each according to his abilities, to each according to his needs." Comrade Bill works hard all year to farm 80 acres of wheat. Comrade Jimmy only grows 5 turnips and usually sleeps most of the day. When harvest time comes, the government takes Bill's bountiful wheat harvest and Jimmy's 5 turnips, and gives each of them an equal amount of ration cards. It doesn't take long for Comrade Bill to wise up and stop working so hard. Eventually productivity fails on a large scale. So, when more people are sitting around than working, eventually the overall system fails. It doesn't matter if it is Democracy or Capitalism or Socialism or Communism or whatever. No nation is immune to the laws of economics.</p></blockquote><p></p>
[QUOTE="Wyatt M, post: 3145954, member: 43420"] It is interesting to note that Communism, as an economic system, eventually fails for much the same reason. The creed of Communism is "from each according to his abilities, to each according to his needs." Comrade Bill works hard all year to farm 80 acres of wheat. Comrade Jimmy only grows 5 turnips and usually sleeps most of the day. When harvest time comes, the government takes Bill's bountiful wheat harvest and Jimmy's 5 turnips, and gives each of them an equal amount of ration cards. It doesn't take long for Comrade Bill to wise up and stop working so hard. Eventually productivity fails on a large scale. So, when more people are sitting around than working, eventually the overall system fails. It doesn't matter if it is Democracy or Capitalism or Socialism or Communism or whatever. No nation is immune to the laws of economics. [/QUOTE]
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