Union lovers usually hail themselves as the go-to believers in the 40 hour work week……before then, people like Henry Ford ( a straight up capitalist) believed that people should work less for more, make more money…. So, if you’re going to “make fun” of an ideology, pick on the socialist-inclined people who have caused more poverty than anything else. This is why reading history with economics is fun, 🙂
One point of data does not a trend make. History is also written by the victors.
I’d be hard pressed to travel to a country that leans more socialist and “inform” them that they’re the ones living in poverty, even though they have better access to higher education, a longer lifespan, have more political power, and generally report being happier overall.
The overall discrepancy between how much wealth our poor have and how much wealth the poor in a place like Denmark have is meaningless if quality of life is not impacted, which it clearly isn’t.
And if you’re referring to aspects of socialism making Americans poorer, I would submit that the entire middle class was created by a massive top-down redistribution of wealth in the 50s and 60s which created a glut of public programs and educated people and gave them unprecedented social mobility.
The only examples of socialism making someone impoverished are Latin American countries like Venezuela. But those nations are full of corrupt officials and despotic leaders.
My assertion would be that incompetent governments grow poverty, not socialism.
It was the expansion of free market principles during that post war era, and on top of that, a very large working force came back from war…. lots of new business, lots of new motivation. Even Sweden realized that socialist policies, huge pensions, etc were not keeping their country stable and moved to free(er) form of trade. Now, many of the Scandinavian countries… and many European countries, have capitalistic tendencies….. with some even more than ours. That’s why they’re doing so well. There is a reason why the 1970s was a bit of a slump for many countries too. That’s because most of their leaders still felt as though little tid bits of socialist (centrally planned ideas) could still warrant good economic growth, help raise the poor from poverty. As it turns out, it still doesn’t.
So I suppose that all of the massive wealth redistribution during that time period, the high individual and corporate tax rates, the high rate of union representation–that was all just an incredibly remarkable coincidence that contributed exactly nothing to social mobility, higher wages, and the emergence of a middle class? That’s absolutely amazing.
I’m not sure who write the books you read, but I’d love to take a peek to see how these people develop their hypotheses and where they get their information and what their preconceived ideological biases are. Because it would seem a lot of historians and economists would beg to differ with your assertions.
That’s the problem though, your narrative has been the narrative for a very long time, in terms of history. Economists are the ones that would agree with me, they also have to look into social mobility, policy, tax rates. Except there’s that problem again: historians these days already have that ideological bias, in favor of views like your own. Economists have their ways too but it’s not in history books, unfortunately. So, many of us are left believing ideas like yours. The information is out there, Ryan…. just no need to get hasty.
I’d like to say, on the record, that I apologize for the snark. I don’t mean to be salty. I should be able to disagree with someone in a civil manner. Such topics can make us all passionate, and I let my zeal get the best of me.
By questioning the logic of your source material, I in no way meant to call into question your integrity or honor. I know that your intentions aren’t to proselytize. I should, and will, continue to respect your values, friend.
Fill in your details below or click an icon to log in:
You are commenting using your WordPress.com account. ( Log Out / Change )
You are commenting using your Twitter account. ( Log Out / Change )
You are commenting using your Facebook account. ( Log Out / Change )
You are commenting using your Google+ account. ( Log Out / Change )
Connecting to %s
Notify me of new comments via email.
Notify me of new posts via email.