The Democratic Party is America's Socialist Party

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neverfail
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Re: The Democratic Party is America's Socialist Party

Post by neverfail » Sun Feb 25, 2018 11:05 pm

cassowary wrote:
Sat Feb 24, 2018 6:59 pm


I think I am OK as a macroeconomist and social reformer as well. My policy prescription follows what has been practiced in my country and that has gone well. If you have read what I wrote months ago, Singapore was founded by Sir Thomas Raffles as a laizzez faire or free market port. The spirit of commerce was reinforced by commerce minded Chinese immigrants who came to trade.

Singapore success is the success of Anglo-Chinese capitalism. So we look with suspicion any Socialist notions that seek to overturn what has been working well. Far from harm, our ideas will do a lot of good around the world. My idea of social reform is focused on self improvement of the individual. The leftist seek improvements through government action - quite the reverse. I accept that government has a role but the individual must bear the large share of social reform.

A good example of this attitude is a speech by Dr Goh Keng Swee, a founder of Singapore. He said that the best way to develop a poor Third World countries is to send in the Protestant missionaries to give people the values that ensure economic success. So the focus must be individual improvement first. Government does have a role - maybe 20%. The rest - 80% - is up to the individual.
WHEN have Singapore residents ever been offered a free choice in the way they live anyhow? You have never had a change of government in Singapore since it became sovereign independent in 1965 so you have no local benchmark for comparison on your home turf.

Your suppositions about progressive taxation, the purpose of social welfare and all of the rest are so skewed that if other countries followed what amounts to Tea Party agenda as you advocate for the World at large would only degrade the living standards of the developed West down to the level of the American survivalist jungle (or worse). Who wants that apart from the silly Yanks? As for the Third World more than half of that would likely be thrown into social and political upheaval is such a programme of development were to be earnestly applied.

Cass, cease assuming that the World could or should be just like Singapore. However proud you feel about your home city-state republic and its achievements, you have set up yet another of your numerous straw men.

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cassowary
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Re: The Democratic Party is America's Socialist Party

Post by cassowary » Mon Feb 26, 2018 2:28 am

We have achieved what the Tea Party can only dreamed of. Low taxes and low spending. If the Tea party gets its way, America will be more prosperous. If it works here, I don't see why it should not work in the rest of the world. Far from a survivalist jungle, it will be a rich place.

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SteveFoerster
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Re: The Democratic Party is America's Socialist Party

Post by SteveFoerster » Mon Feb 26, 2018 6:37 am

neverfail wrote:
Sun Feb 25, 2018 11:05 pm
Your suppositions about progressive taxation, the purpose of social welfare and all of the rest are so skewed that if other countries followed what amounts to Tea Party agenda as you advocate for the World at large would only degrade the living standards of the developed West down to the level of the American survivalist jungle (or worse). Who wants that apart from the silly Yanks? As for the Third World more than half of that would likely be thrown into social and political upheaval is such a programme of development were to be earnestly applied.
Hardly. When one compares the economic development of countries with similar cultures but different economic systems, e.g., the Koreas, China vs. Taiwan, Rwanda vs. Burundi, Chile vs. Argentina, etc., it becomes pretty difficult to argue that free markets and deregulation don't lead to widespread prosperity. One can certainly argue that adding a state-run welfare system on top of it is worthwhile, but that's about all that will pass the straight-face test here.
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neverfail
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Re: The Democratic Party is America's Socialist Party

Post by neverfail » Tue Feb 27, 2018 12:55 am

cassowary wrote:
Mon Feb 26, 2018 2:28 am
We have achieved what the Tea Party can only dreamed of. Low taxes and low spending. If the Tea party gets its way, America will be more prosperous. If it works here, I don't see why it should not work in the rest of the world. Far from a survivalist jungle, it will be a rich place.
In terms of its internal power structure the only significant difference I can see between Singapore and the PRC is as follows:

1. the ruling party in the former is honest whilst in the latter it is quite corrupt.

2. The former is a one party state pretending to be a parliamentary democracy whereas the latter is a one party state with no pretenses about being anything but one.

The young offspring bears a marked family resemblance to the ancestral parent.

If you want to be perpetually on a treadmill with no way off then Singapore is for you. But if you want to have ample time out to actually LIVE a bit then Singapore is decidedly not your cup of tea.

No thanks!

P.S. If the Tea Party gets its way America will go bankrupt and likely disintegrate soon after.

If has been veering ever closer to that for decades.

Do you think that pork-barreling administrations can keep on handing out unneeded tax cuts to the wealthy without their mounting national debt finally boiling over into a crisis big enough to bring the country down?

neverfail
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Re: The Democratic Party is America's Socialist Party

Post by neverfail » Tue Feb 27, 2018 12:59 am

SteveFoerster wrote:
Mon Feb 26, 2018 6:37 am

Hardly. When one compares the economic development of countries with similar cultures but different economic systems, e.g., the Koreas, China vs. Taiwan, Rwanda vs. Burundi, Chile vs. Argentina, etc., it becomes pretty difficult to argue that free markets and deregulation don't lead to widespread prosperity. One can certainly argue that adding a state-run welfare system on top of it is worthwhile, but that's about all that will pass the straight-face test here.
Correct Steve.

So what else do you think I have been going on about for years?

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