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[–] irelandLost 0 points 5 points 5 points (+5|-0) ago
The only reason Democratic Socialism has become so widely discussed is because it sounds like Social Democracy, and they're relying on people not understanding the difference between the two.
[–] Mylon ago (edited ago)
Or because we're at late stage capitalism and the massive consolidation of corporations is quickly turning the world into a corporatocracy. Something must be done to prevent this dystopia. Democratic socialism is one pitched solution. Do you have a better one or are you just going to repeat the "lulz socialism always fails" meme?
[–] irelandLost ago
That's not a meme, it's a historical fact that socialism always fails. And we're not at "late stage capitalism" whatever that nonsense is supposed to mean, we've just let the crony aspect of crony capitalism gain too much influence over economies. Solutions are relatively simple: smaller state leading to less unnessecary regulations (the most powerful feather in the bow of the corporatists is overegulation), proper enforcement of anti-trust laws in industries that become controlled by monopolies or oligarchies, similar with cartel behaviours. Stop globalised firms and companies becoming "stateless" through WTO or sanctions on those that facilitate this practice (my country would be head of the queue here, we facilitate some serious tax avoidance by corporates). And the one socialist aspect that needs to return is trade unions, or something similar for the modern day. The labour movements in Europe got annihilated in the 80s and 90s and the results have been very far reaching. It is why politics has become the preserve of the extraordinarily wealthy, and it has resulted in a persistent attack on labour's standards of living.
Capitalism will always be the best economic system, but that doesn't mean our systems can't be manipulated by those with influence. Bailing out the banks, wildly increasing the money supply etc. were not capitalist practices, they were cronyism. Don't confuse the cronyism of capitalism with capitalism itself.
Add to all of the above the financial system is a joke, and has been since 1971. Again, this is not a fault of capitalism.
[–] GapingAnus ago
One (arguably) works. The other does not.