• Congratulations to the Class of 2024 on your results!
    Let us know how you went here
    Got a question about your uni preferences? Ask us here

Juliar betrays australia, destroys our economic future (1 Viewer)

funkshen

dvds didnt exist in 1991
Joined
Nov 5, 2006
Messages
2,137
Location
butt
Gender
Male
HSC
N/A
Keynesianism could only work if economic policymaking was not political.
 

funkshen

dvds didnt exist in 1991
Joined
Nov 5, 2006
Messages
2,137
Location
butt
Gender
Male
HSC
N/A
balderdash
I said could, not would, bro.

Although it's arguably a truism. The same would go for all economic intervention. Incentive problems are endemic to government (a la public choice - lobbying, porkbarreling, time horizon etc).
 
Joined
Aug 11, 2011
Messages
346
Location
sydney
Gender
Male
HSC
2011
Keynesianism could only work if economic policymaking was not political.
That's right. That's why keynes wrote in his german translation of his general theory that his economic policies would work well in dictatorial germany.


"the theory of aggregated production, which is the point of the following book, nevertheless can be much easier adapted to the conditions of a totalitarian state [eines totalen Staates] than the theory of production and distribution of a given production put forth under conditions of free competition and a large degree of laissez-faire."
 

funkshen

dvds didnt exist in 1991
Joined
Nov 5, 2006
Messages
2,137
Location
butt
Gender
Male
HSC
N/A
That's right. That's why keynes wrote in his german translation of his general theory that his economic policies would work well in dictatorial germany.
Third Reich economic policy was pretty damn Keynesian.
 

Lentern

Active Member
Joined
Aug 3, 2008
Messages
4,980
Gender
Male
HSC
2008
great lets halve the taxes then
You don't even know what your arguing. You went in with this lazy idea that you could just attack perceived flaws in social democracy and that would somehow justify calling it communism, that as exposed for the fallacious, lazy argument that it was and now your just spinning like a top, not going anywhere.
 

funkshen

dvds didnt exist in 1991
Joined
Nov 5, 2006
Messages
2,137
Location
butt
Gender
Male
HSC
N/A
there is no such thing as private property in a democracy

all democracies are communistic
 
Joined
Aug 11, 2011
Messages
346
Location
sydney
Gender
Male
HSC
2011
Before you call anything anything, you should define what you mean by communism/socialism/democracy etc. That is where you are going wrong.
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top