this post was submitted on 07 Nov 2023
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Love how justmy2c is gonna ignore this comment because it completely destroys their argument.
Yup ignoring your actual argument about why Capitalism is better at regulating greed. Because they know it isn't, they have to ignore that, and rely on whataboutisms, while ignoring the fact that Capitalism doesn't even work on paper. Classic.
A small tiny example can be this: a communist government buys from China, shitty works, no guarantee, high interests, no local staff hired.
A capitalist government buys (loans) from us and actually has an insurance and guarantee and warranty that their hidroeléctric dam will be finished and 100% of promised capacity.
One is basically STEALING (with help of local president, in south am or Africa or Asia).
The other may make rich people Richer.
BUT AT LEAST THE PROJECT IS DONE.
AND THE US IS NOT ASKING FOR 11% INTERÉS NOR FOR 3$ DISCOUNT ON EACH BARREL OF CRUDE. NOR TO SIGN AWAY THE GALÁPAGOS ISLANDS IF DEFAULT ON DEBT. (this is Ecuador, I can do Venezuela or argentina or african countries too, just let me know which you want a passionate lecture on.
LET THE DOWNVOATS COMMENCE.
I guess in some forms a lack of authority to make sure people aren't abusing each other
No, it's the lack of respect for common sense and the extreme greed of its leaders. Historically 99.99% of comunist leaders live lavish lifestyles, kids in private schools and holidays in miami
If you'd really like to know, there is a Wikipedia page that has a huge list of dictators killing their OWN population. Even the Austrian painter called his party (Nazionale) socialist...
But if you don't count him, he would be one of the ONLY ones that has killed over a milion of their OWN people that was NOT a supposed communist.
COMMUNISM IS A FANTASTIC IDEA!
(but not more than that, unfortunately)
I WILL VOTE COMMUNIST WHEN THEIR LEADER IS me. Or an Ai.
DUDE I LIVE IN ECUADOR. shit ain't a joke. Comunists are just drug cartels fooling the PLEBS.
Ecuador isnt a communist government, you absolute moron.
15 años de correistas hijodep I'm talking about 11% interest payments to China for projects that aren't EVER finished... To give 100million to Cuba for generators that are NEVER delivered.
That's just a small taste of how a former president (Correa) can make 30 years of misery by signing away the country. Argentina even worse it's now OWNED by China.
Estados Unidos sells a shit ton of its debt to China, doesnt make it a Communist country you absolute ham sandwich. Lol
Of course not, my friend. The problem only arises when you make a BAD contract for 11% interest, discount on crude sales, overpriced project with 100% Chinese engineers and no warranty (just so Mr president can recieve some usd in cayman or Vatican # account....)
If they really so communist (the leaders) why spend money in Miami if you can spend in caracas Moscow Beijing and Havana?
I'm not 14 and I don't live in western world anymore. Unlike you and yours.
They hate you because you are right they don't understand LATAM
They may have visited for a month and talked to 40% of the people there tho, who are so uneducated they are indoctrinated by church and (state) political parties