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Does communism have to include the "planned economy" the way the russians did? Any economy so screwed it creates a market for non working light bulbs and used cars are worth more than new ones doesn't seem destined for greatness.
 
Does communism have to include the "planned economy" the way the russians did? Any economy so screwed it creates a market for non working light bulbs and used cars are worth more than new ones doesn't seem destined for greatness.
Didn’t used cars here cost more than new just a few short years ago?

Same with communism. Wait X years for a new car, or get this used one today for a premium price…
 
There is also limited supply and demand under communist system , you need one pint jars for your pickle factory , but my jar factory has best yield making one gallon jars, you don’t get pint jars , every store gets gallons of pickles , if at all.


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In my mind this is gonna get corrected (to a degree) one way or another in my lifetime. I think it's pretty unlikely it's going to happen via co-operation or legislation.

I also think the USA is going to self-destruct (to a degree) in my lifetime. Maybe other powers will try to give it a little well-timed push over the edge, but they won't have to do much. When that happens, potentially much of this wealth could simply cease to exist. That said if Bezos had 95% of his wealth blink out of existence right now, arguably he would not experience any noticeable changes to his lifestyle, at all. He might have to cancel any plans he had for vacationing on the moon maybe. And maybe it will be strictly a problem for his estate, and natural causes take him out of the picture before he has to fire a single neuron thinking about it

Does communism have to include the "planned economy" the way the russians did? Any economy so screwed it creates a market for non working light bulbs and used cars are worth more than new ones doesn't seem destined for greatness.
= socialism
 
How do you know that? We have never SEEN communism in action so I don't see how you are making that pronouncement.
You might consider Cuba as a good example of full on communism. Communism can work in small groups, its main challenge is it’s never been scalable.
(Russia and China are NOT communist.
China and Russia transformed from Communist to Communist-Authoritarian political rule with a capitalist style economy. This approach solves the productivity issues that inhibited those countries from improving living standards and integrating with first world economies.
Never have been, never will be. Their political systems are just as screwed as our is, for the same reasons)
By the same token: we have never seen true capitalist system. (Most BIG business could not survive without government subsidies and regulation to advance. Just a couple of minutes looking at the auto trade and the oil industry will show you that).
In its purest form, capitalism is more innovative and productive, but creates social inequities as it concentrates wealth, creates a large lower class and destroys the environment.
... soooooo: communism doesn't work, capitalism doesn't work... Why do we keep trying
Neither work in their purest forms. Both are working so long as regulated capitalism is the constant.
If Mr. Trump's inauguration hasn't drilled it into you yet: WE DO NOT CONTROL OUR GOVERNMENT. Our government is controlled by the monied elite and the government acts for the benefit of that monied elite, not the common man. It is as obvious as the nose on your face.
Our government works GREAT for you IF you have money... if you don't: you work till you die (but don't expect any thanks for your efforts making the monied elite more monied).
I’m not sure about that. I’m not working till I die. I left home at 18 with a 20 year old pickup, and and a suitcase of clothes, and some determination. I had to work 30 years to retire - our form of capitalism worked for me.
 
There is also limited supply and demand under communist system , you need one pint jars for your pickle factory , but my jar factory has best yield making one gallon jars, you don’t get pint jars , every store gets gallons of pickles , if at all.


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How did you come to own a jar factory in a Communist country?
 
How did you come to own a jar factory in a Communist country?

it was an analogy wise guy Lol , large section of my actual Russian business is Baltic Birch plywood , resin face formply which gives 50-60 pours , unlike crezon (mdo) which is 2-3 pours , Plywood blanks for the steel rule die industry ( which uses it for templates to make stamp cutters for the box and hardboard business) , molded chairs, and now Hexa , which is what you see when you look at flooring in commuter train cars and buses and now van conversions, it looks like black plastic non skid , but its actually a thermal overlay resin on Russian birch plywood.

@madmike, you were a big hockey guy, at one point we were the largest importer of laminated hockey stick blanks , Finland and Lativian wood , sold into Victoriaville Que ( huge factory) , Hespler, Kitchener , Bauer and CCM . Then some guy invented carbon fibre . Then some body figured out Chinese carbon. Its still a business , but a shadow of its former self. Baseball bats had the same fate, industry buddy owned the premium wood bat business when he figured out how to check density on blanks , then along came cheap aluminum .
 
...@madmike, you were a big hockey guy, at one point we were the largest importer of laminated hockey stick blanks , Finland and Lativian wood , sold into Victoriaville Que ( huge factory) , Hespler, Kitchener , Bauer and CCM . Then some guy invented carbon fibre . Then some body figured out Chinese carbon. Its still a business , but a shadow of its former self. Baseball bats had the same fate, industry buddy owned the premium wood bat business when he figured out how to check density on blanks , then along came cheap aluminum .
Easton is responsible for displacing wood -- they did it with Aluminum (Easton invention) around 1995 (I lived close to the Easton dev center in Van Nuys CA -- I got carloads of sticks to test -- I was an exec with the largest men's and youth hockey leagues in California). Aluminum was short-lived, followed by fiberglass, then blends of fiberglass and kevlar. Carbon fiber one-piece designs started around 2000 and that's all she wrote!
 
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