Comments by "Andre Falksmen" (@andrefalksmen1264) on "Nomad Capitalist"
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Yes, Stalin was a great man! Took a nation of backward superstitious peasants and made them, not their sons and daughters, physicists, Engineers, doctors, a fully industrial nation and a world power. Was it a painful transition, Of course! Deaths during Stalin's transformation of the Soviet Union or nearly 6% of the population, But remember transformational periods are always deadly. 9% of the Prussian population died under Frederick the Great, 8.5% of the French population died under Napoleon, and 4% of the English population died in the English Civil War, but 41% of the Irish population!
As for Stalin's alleged Marxism, remember Stalin was the one who introduced minimum work quotas and Pay for performance. Was it a command economy? Yes, but a rapid industrialization of that sort would not have been possible Without at least some heavy mobilization of coercive power.
Remember the difference between an industrial command economy and an industrialized market economy is the difference between 1 and 10, but the difference between an industrial economy of any type, And a peasant/ subsistence economy is the difference between 10000 and 1.
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Would not you say the current economic panic over the coronavirus is leading to fiscal, as opposed to monetary, stimulus, particularly in the United States if not in Europe as well, which will cause significant inflation in the coming years.
The temporary effect will be to it rude the real value of existing debt for both private persons, corporations, and governments, but I would see that the long-term it would mean the loss of the United States dollar as the World Trading currency. The timing all depends on how long the primary manufacturing Nations, which are in Asia, and the primary suppliers of raw material which are in the Middle East, Asia, and Africa are prepared to chase the value of the US dollar down. Specifically, are the Chinese prepared to chase the value of the dollar down or to break the peg/ trading band.
In any event, the near-term seems to be an environment of a so economic boom, as consumers, corporations, and governments, are able to finally lighten their debt load with inflation. They may not be able to contract new debt, but they will be able to increase their Purchasing Power and corporations which were saddled with high debt before becoming increasingly profitable and this environment.
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@utube7917 I will set aside your conviction in the vague metaphysical philosophies of natural rights, as they have no grounding in history nor any practical application. Man has no right before the tribunal of Nature, and other men are a part of nature. The world is of power and not of talk , the West has adopted an idea of natural rights which are based upon its customs of government which took hold after absolutism, but which have no historical relevance for other societies and which are unlikely to endure declining fortunes of Western Civilization.
The abstract freedoms which you so tout and which the West wish other parrot back to them are a little comfort when the streets are unpaved, there is no running water, feces and trash collecting in the street, and one lacks the personal security from Law and Order. Moreover, they do little to create environment supportive of capital accumulation. Hence why India with all the so-called Democratic freedoms which are touted up by the West is a hellhole, and China is the world's emerging power. Men do not live by abstractions, but by material realities.
With regard to the Soviet Union, you have to understand historical realities, despite the metaphysical Hegalian Obsession of the West for the last three hundred years, nothing is inevitable and the social historical realities of the former Russian Empire which would create the Soviet Union would never have allowed it to become an industrial power, and thus would have forced it to be subjugated to those Nations which were. Therefore, the only way the Soviet Union would have ever industrialize and catch up in capacities with the Western world was through an authoritarian command economy , why it was collectivist, that is Marxistin its nature, had to do with the social realities of having only exited feudalism for the majority of the population a mere 70 years before.
As for America moving toward collectivism, nothing could be more absurd. America first and foremost is a nation built on plunder, the pop culture conservative idea that Liberty or Freedom had anything to do with America's position is laughable once one is aware of America's history, true history, not the caricature that is believed by most Americans. Even John C Calhoun laid out the true nature of America. In it's most recent form American plunder took the form of America's position as the only large industrial power standing after World War II and the US dollar as the world's Reserve currency. America created a vast artificial middle class and since the 1980s, that artificial middle class has been crumbling as America's ability to extract plunder from the rest of the world has decreased. As the pie is shrinking and outside sources of plunder remained elusive, the US dollar as a reserve currency being the last of it, more and more groups are seeking to secure their slice of the pie. Of course, America has always had group's outside of the pie who never were included, namely minorities. This is the situation of the United States, a declining Empire with no outside sources of revenue to satisfy its lust and greed. It's obsession with individual rights and freedom merely serve as barriers to reform and correction, since individualism and freedom in American means freedom from responsibility and the right to live off of another.
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