No, communism and socialism aren’t the same, which is why I called Orwell a socialist and dismissed communism as a flawed form of government. They’re two different things.
And why you’re talking about two functional dictatorships as an indictment of communism I have no idea. Neither one of them actually employed socialist principles for any length of time; once the rulership was entrenched, they stopped.
This isn’t even difficult, and I’m not convinced you and I share a nation, but let’s take one quick example of governmental inability to curb capitalism; the recent worldwide financial crisis, driven by the chain collapse of CDSs.
Did you know that a CDS was illegal for most of the twentieth century?
Did you know only one major trading bank wasn’t badly hit by the CDS collapse itself but only by the knock-on economic ramifications?
Did you know that that trading bank invented and lobbied for the legalisation of the CDS?: They had a particular thing they needed it for. They got it legalised. And then they stopped doing it because in most cases it produces short-term paper gains followed by systemic collapse.
Members of the team that designed the CDS have reported total confusion prior to the collapse as they became a key plank of other investment strategies. Try as they might, they couldn’t see how other banks were safeguarding against the risks.
Turns out, of course, those banks weren’t safeguarding. They’d seen a loophole to make more money and gone for it. Those short-term gains got the people making the trades promoted, so they had no reason to look to the long term. And indeed, they’re still working in most cases. They got bonuses the year it all collapsed, just like every year.
They were replaced by more people who took this same promotional path.
Why were CDSes legalised? Because the banks brought money and lobbyists to bear. Why was the loophole not closed? There’s a long history of government not closing those loopholes due to the influence the banks wield. Why do the banks wield this influence?
Because in a capitalist society they can provide individuals with what they need. And so they have the power.
This was less than a decade ago. This is what happens when capitalism is not locked down.
Governments can lock it down. But they don’t. Corruption is not purely in other-countries-we-don’t-live-in and a rational government must factor that in.
You have a nice time misunderstanding the nature of economic advancement. It’s not going to help you to, but I hate internet arguments and I don’t need to stay in this one. I’ve factchecked you up til now and provided a logic check; the rest is on you.
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