- 14 Dec 2021 23:05
#15202876
Well, *I* don't -- I'm not a Stalinist / 'Marxist-Leninist'.
Actually the M-Lers would have a bone to pick with you on this one.
Nah -- that's just bourgeois desperation, to forestall workers power and outright proletarian revolution. Here's from history:
Unthinking Majority wrote:
You need a dictator to force an entire country to follow ideas as bad as Leninism/Maoism.
Well, *I* don't -- I'm not a Stalinist / 'Marxist-Leninist'.
Unthinking Majority wrote:
Even the Maoists in China have abandoned Maoism because it sucks. Capitalism is so cruel and evil that it's lifting billions in Asia out of dire poverty. An inconvenient truth for some.
Actually the M-Lers would have a bone to pick with you on this one.
Unthinking Majority wrote:
That doesn't make capitalism perfect. It's as flawed and cruel as human being are. And just like humans, capitalism has to be managed and regulated properly and justly and some socialism needed in the form of welfare programs etc.
Nah -- that's just bourgeois desperation, to forestall workers power and outright proletarian revolution. Here's from history:
However, Roosevelt’s measures were neither as innovative nor as effective as many people thought. Roosevelt remained highly orthodox in one respect—he did not use government spending to break out of the crisis. In fact he cut veterans’ pensions and public employment. As Kindelberger writes, ‘Fiscal means to expand employment remained limited, since the Democratic administration under Roosevelt remained committed to a balanced budget’.224 He also suggests investment was bound to start rising at some point from the incredibly low level to which it had fallen (from $16 billion in 1929 to $1 billion in 1932), and it began to do so once the level of bank failures had peaked. In any case, Roosevelt got the credit for a rise in production from 59 percent of the level of the mid-1920s in March 1933 to 100 percent in July, and a fall in unemployment from 13.7 million in 1933 to 12.4 million in 1934 and 12 million in 1935. Many people believed his ‘New Deal’ had worked miracles—a myth that remains prevalent today. Yet one person in seven was still jobless in 1937 when output finally reached the level of eight years earlier.
Then in August 1937 there was ‘the steepest economic decline in the history of the US’, which lost ‘half the ground gained by many indexes since 1932’.225 Steel output fell by more than two thirds in four months, cotton textile output by about 40 percent, and farm prices by a quarter.
Harman, _People's History of the World_, pp. 513-514
- By Godstud
- By FiveofSwords