Varying degrees of the same system that rely on the labor theory of market. That theory states that labor is worth something, not tied to the good or service that it produces. Because of that idea, we should pay people more money than it takes to produce an item because they want more money. This fails economically because if everyone wants more money for their work, all items inflate in cost, so you can't afford what you couldn't afford before, except now it's much more expensive than it was, because you have more money but still not enough to buy it. Basically, socialism and communism are a party trick to get the poor to feel better about the fact that life is competitive and they are losing the game. This is also popular with the rich because it makes them seem kind to the poor. Nobody actually wants to implement socialism or communism, they just want to redistribute goods and services and money from those that have it to those that don't and are willing to lose out in the long term for a short term gain.
I used to hate Amazon.com because of communism and socialism, but now I realize that I didn't want to pay more for goods or shipping so I am comfortable with them fucking their employees, because they are doing it for me.
by mostly_wrong September 17, 2019
Get the communism and socialism mug.That economic aberration that allows private businesses, usually big corporations, to reap the profits of their financial successes while ensuring that the losses of their failures will be born by The People in the form of taxpayer-funded handouts.
Usually considered as an outgrowth of “Reaganomics,” Republican Socialism came into its own during the economic crisis of 2008-09, which was spawned by the anti-regulatory fervor of the George W. Bush administration.
Usually considered as an outgrowth of “Reaganomics,” Republican Socialism came into its own during the economic crisis of 2008-09, which was spawned by the anti-regulatory fervor of the George W. Bush administration.
The Secretary of the Treasury today awarded another round of Republican Socialism to several banks in the form of a $20 billion stimulus package.
by mlcred April 10, 2009
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by Führern November 22, 2016
Get the National Socialism mug.An anti-capitalist political ideology advocating for socially owned economy (socialism).
Frequently mistaken for social democracy which advocates for economic and social justice but is not anti-capitalist.
Frequently mistaken for social democracy which advocates for economic and social justice but is not anti-capitalist.
by restinpiece August 28, 2020
Get the Democratic Socialism mug.A very centric form of government and economics run on K.S.Lukas’s “On the Theory of Equalist Idealism”. It outlaws inheritance and practically almost eradicated welfare, instead creating a government work program for all homeless of jobless individuals. This work program would see that their laborers are put into housing and farming industries in order to provide better infrastructure and to lower the cost of living. It is a combination of extreme capitalistic beliefs mixed with social healthcare benefits. Universal healthcare is provided, in order to have younger workers take over for the older individuals, who seek only to work in order to preserve their health. Equalist Socialism uses the main principals of Equalist Idealism to enforce that all monetary and property assets of an individual are requisitioned by the government in exchange for little to no taxes.
What is Equalist Socialism?
It is a government ideological-economical form of reshaping society in which many key aspects of the conflicting socialist and capitalist ideals meet in the “middle ground”
It is a government ideological-economical form of reshaping society in which many key aspects of the conflicting socialist and capitalist ideals meet in the “middle ground”
by Leuvenheit November 3, 2019
Get the Equalist Socialism mug.Socialism is when the government does stuff, and the more stuff the government does, the more socialism you got. And if the government does a REAL lotta stuff, it's communism
by Donna tramp January 16, 2021
Get the Socialism mug.When a lazy client or watch dealer asks what a watch is worth, which they will not be purchasing or selling to you. These are people who value other peoples time at zero and personify the socialist way, by expecting other to do their job for them and give knowledge hand outs.
Horological Socialism - Hey what is this Rolex Datejust worth ( even though I have 0 intention of selling to you)
Dealer- Why would I tell you that when you clearly aren’t going to sell to me, go buy another Watch Trading Academy course, and maybe you’ll learn how to do your job !
Dealer- Why would I tell you that when you clearly aren’t going to sell to me, go buy another Watch Trading Academy course, and maybe you’ll learn how to do your job !
by Archieluxury April 26, 2021
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