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

• zeppo@lemmy.world ⁨1⁩ ⁨year⁩ 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 ⁨1⁩ ⁨year⁩ 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 ⁨1⁩ ⁨year⁩ 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 ⁨1⁩ ⁨year⁩ 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 ⁨1⁩ ⁨year⁩ 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 ⁨1⁩ ⁨year⁩ ago

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

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      • zeppo@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Not any more than it is under capitalism. People starve under that system too. Meanwhile you have Republicans crying that a state might pay $1.50 a day to feed a needy kid lunch at school. Why is that even necessary then?

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      • agamemnonymous@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

        Source? Communism has never been implemented, and the systems designed to transition to communism, e.g. the USSR, we’re actually pretty successful in decreasing hunger. People starve under capitalism.

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  • aniki@discuss.tchncs.de ⁨1⁩ ⁨year⁩ 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 ⁨1⁩ ⁨year⁩ ago

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

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      • agamemnonymous@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

        Healthy margins ≠ record profits

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  • realcaseyrollins@noauthority.social ⁨1⁩ ⁨year⁩ 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 ⁨1⁩ ⁨year⁩ 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 ⁨1⁩ ⁨year⁩ 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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