"It's Communism": Kamala's First Economic Plan Proposes Price Controls To "Combat Inflation"
"It's Communism": Kamala's First Economic Plan Proposes Price Controls To "Combat Inflation"
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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I can’t imagine a world where I would post that link seriously.
Why? It's all over Google: https://www.google.com/search?client=firefox-b-1-d&q=price+controls+kamala+harris Isn't communism what you wanted? Communism is price controls historically. In actual practice, prices don't exist, or matter, in communism, because like socialism, it's predecessor, it is not an economy, but a society that gifts things based on altruism.
How do you have price controls without prices? Price regulation is explicitly a phenomenon in market economies.
Communism is not price controls, Jesus. It's the state seizing assets from wealthy people and nationalizing businesses. Regulating how businesses can operate in a capitalist system is nothing new. You could call it socialism and even that's a stretch.
and this is how the starvation starts. With caps on prices, it becomes unprofitable and they just reduce supply. Talk to any survivors of communism and low food supplies has always been an issue.
This is why you shitpost to other terminally online morons instead of running a bussiness:
Why would it be better to be less profitable [sell less] than to sell for slightly less profit, essentially with the same inelastic demand?
Oh because you're actually a fucking toolbag.
@aniki @wintermute_oregon "Only mean people have healthy margins in their business ventures" is the quintessential terminally online take
Healthy margins ≠ record profits
@wintermute_oregon @Amoxtli To be fair to the others, this isn't technically #Socialism or #Communism, it's a #MixedMarket. Problem is that you're also right, this is how we drift away from #Capitalism.
The left wingers in the thread aren't upset that this is being called out because it's inaccurate, it's because they want #Communism but understand that #Communism is scary to the masses because of its past failures.
@Amoxtli @tacosanonymous Maybe he doesn't trust #WaPo, #Time, #CNBC, #TheHill, #NBCNews, or #ABCNews
https://www.washingtonpost.com/business/2024/08/15/kamala-harris-economic-policy-2024/
https://time.com/7011214/kamala-harris-campaign-federal-ban-price-gouging-food-groceries-inflation/
https://www.cnbc.com/2024/08/15/harris-corporate-price-gouging-ban-food-election.html
https://thehill.com/homenews/campaign/4828758-kamala-harris-federal-ban-price-gouging/
https://abcnews.go.com/US/wireStory/harris-zeroing-high-food-prices-inflation-remains-big-112860716
Uh, those links don't say it's "Communism" which is the problem with the one OP posted. Nobody said this story wasn't true. It's the idiotic "let's scare some ignorant rubes, it's communism!!" angle. The Democratic party isn't even remotely communist, unfortunately.
@zeppo Sigh...you're going to argue that price controls aren't characteristic of #Communism, aren't you?
#Brittanica describes price controls as non-capitalistic:
https://www.britannica.com/money/price-system/Noncapitalist-price-systems
Sigh... uh, yeah. Communist countries control prices and economic activity to a far greater degree. Like, so much more that it's absurd to claim that, which is the point here. The link also barely says what you claim it does.
@zeppo Would you agree that, generally, #Communism usually controls prices, and #Capitalism usually does not?
Yes, but that's an incredibly simplistic point of view. Plenty of capitalist economies also have limits on prices. In the US, over 40 states already have price gouging laws on the books for years, going back to 1979. The EU has enacted various statutes to control prices of consumer goods as well. You could call it socialist, perhaps... but it's also kind of silly to think that capitalism means unbridled capitalism with no regulation. That's never been how it worked. When the US nationalizes Walmart, Kroger and ConAgra let me know.
@zeppo I completely agree with you here. We are not in a pure, Capitalist society. Right now, we are in what is known as a mixed market economy.
However, I would posit that we are closer to the free market model than a planned economy, and the farther away we move from the free market model, the closer we get to a planned economy. It doesn't mean that we're there already, but, in general, moving away from the free market model sets off red flags for those worried ending up in a planned economy.
Yeah, uh... so what do you think about subsidies on major agricultural products such as corn, wheat and beef? Should we cancel all of that?