Comment on "It's Communism": Kamala's First Economic Plan Proposes Price Controls To "Combat Inflation"

tacosanonymous@lemm.ee ⁨5⁩ ⁨weeks⁩ ago

• Amoxtli@thelemmy.club ⁨5⁩ ⁨weeks⁩ ago

  Why? It’s all over Google: www.google.com/search?client=firefox-b-1-d&q=pric… Isn’t communism you wanted?

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  • zeppo@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

    Communism is not price controls, Jesus. It’s the state seizing assets from wealthy people and nationalizing businesses. Regulating how businesses can operate in a capitalist system is nothing new. You could call it socialism and even that’s a stretch.

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  • agamemnonymous@sh.itjust.works ⁨4⁩ ⁨weeks⁩ ago

    How do you have price controls without prices? Price regulation is explicitly a phenomenon in market economies.

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  • wintermute_oregon@lemm.ee ⁨5⁩ ⁨weeks⁩ ago

    and this is how the starvation starts. With caps on prices, it becomes unprofitable and they just reduce supply. Talk to any survivors of communism and low food supplies has always been an issue.

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    • I_Has_A_Hat@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

      Record profits from grocery stores and food supplies. But please, tell me more about how they can’t afford to drop prices and it would be unprofitable.

      Keep in mind, unprofitable means going into the red; not just making less profit than the previous quarter. Infinite growth is an insane philosophy, especially for basic goods.

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    • zeppo@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

      You realize that food producers in a communist nation wouldn’t be supposed to make profits, right? The problems with that in various countries were from poorly done central planning.

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      • wintermute_oregon@lemm.ee ⁨4⁩ ⁨weeks⁩ ago

        It’s an inherent flaw in communism. People starve under the system.

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    • aniki@discuss.tchncs.de ⁨4⁩ ⁨weeks⁩ ago

      This is why you shitpost to other terminally online morons instead of running a bussiness:

      Why would it be better to be less profitable [sell less] than to sell for slightly less profit, essentially with the same inelastic demand?

      Oh because you’re actually a fucking toolbag.

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      • realcaseyrollins@noauthority.social ⁨4⁩ ⁨weeks⁩ ago

        @aniki @wintermute_oregon "Only mean people have healthy margins in their business ventures" is the quintessential terminally online take

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    • realcaseyrollins@noauthority.social ⁨4⁩ ⁨weeks⁩ ago

      @wintermute_oregon @Amoxtli To be fair to the others, this isn't technically #Socialism or #Communism, it's a #MixedMarket. Problem is that you're also right, this is how we drift away from #Capitalism.

      The left wingers in the thread aren't upset that this is being called out because it's inaccurate, it's because they want #Communism but understand that #Communism is scary to the masses because of its past failures.

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  • realcaseyrollins@noauthority.social ⁨5⁩ ⁨weeks⁩ ago

    @Amoxtli @tacosanonymous Maybe he doesn't trust #WaPo, #Time, #CNBC, #TheHill, #NBCNews, or #ABCNews

    https://www.washingtonpost.com/business/2024/08/15/kamala-harris-economic-policy-2024/

    https://time.com/7011214/kamala-harris-campaign-federal-ban-price-gouging-food-groceries-inflation/

    https://www.cnbc.com/2024/08/15/harris-corporate-price-gouging-ban-food-election.html

    https://thehill.com/homenews/campaign/4828758-kamala-harris-federal-ban-price-gouging/

    https://www.nbcnews.com/business/economy/harris-propose-federal-ban-corporate-price-gouging-food-groceries-rcna166741

    https://abcnews.go.com/US/wireStory/harris-zeroing-high-food-prices-inflation-remains-big-112860716

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    • zeppo@lemmy.world ⁨4⁩ ⁨weeks⁩ ago

      Uh, those links don’t say it’s “Communism” which is the problem with the one OP posted. Nobody said this story wasn’t true. It’s the idiotic “let’s scare some ignorant rubes, it’s communism!!” angle. The Democratic party isn’t even remotely communist, unfortunately.

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