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The Choice Isn’t Between Capitalism or Socialism

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Americans are once again interested in debating economic systems. The 2016 presidential candidacy of Bernie Sanders, a self-described socialist, reignited a debate about capitalism and socialism that some believed had died with the Soviet Union. Younger Americans are now divided on which system they like best:

Unfortunately, the debate over what these terms actually mean has become hopelessly muddled.  Without a Soviet bloc to provide an official alternative to capitalism, people cast about for examples that fit their desired narrative. Self-appointed defenders of capitalism will point to the economic failures of the USSR, China and North Korea, or to the more recent economic disaster in Venezuela as proof positive of socialism’s defects

Socialism’s champions tend to rebut these charges by pointing to the successes of the Scandinavian countries. Sanders himself regularly praises Denmark, and occasionally Sweden, as examples of what he would like to achieve in the U.S., while others prefer Norway. But American socialists have, on occasion, received pushback from residents of those countries — in 2015, Danish Prime Minister Lars Rasmussen stated bluntly that Denmark was a market economy rather than a socialist one.

So is Sanders right, or is Rasmussen? Are the Scandinavian countries socialist or capitalist? The truth, unfortunately, is much more nuanced and complex. There will never be a clear, simple definition of socialism or capitalism, because there are multiple ways that a government can try to intervene in markets.

Markets aren’t perfect. They generate unequal outcomes, and often unfair ones, and they are subject to numerous inefficiencies. Governments can try to remedy these problems in a number of ways. They can provide services directly, as with the U.K.’s National Health Service. They can own businesses, as China does with state-owned enterprises. They can write regulations to restrain or promote various forms of market activity. They can sanction and empower various institutions like unions that counter the power of business. And they can use taxes and spending to redistribute income and wealth.

But governments don’t have to do all of these things at once. In Scandinavia, for example, there are a lot of government-provided services, a lot of redistribution and strong unions, but a relatively light regulatory touch otherwise. In a recent report, J.P. Morgan Asset Management researcher Michael Cembalest breaks down the Nordic model using various indicators from the World Bank and the Organization for Economic Co-operation and Development. As he notes, the Nordic countries (in which he includes the Netherlands) generally have fewer capital controls and trade barriers than the U.S. They also score quite highly on indexes of property rights and business freedom:

These indicators are compiled by the Heritage Foundation, a conservative think tank that might have reason to want to give high rankings to rich countries in order to make business freedom look more attractive. But rankings from the OECD confirm the general picture of Scandinavia as a lightly regulated place. Interestingly, the indicators also show higher direct state control of industry in the U.S.:

Labor markets are a different matter, however; Scandinavian countries generally make it harder to fire workers than the U.S. does. Unions and collective bargaining are also stronger. Interestingly, though, Cembalest finds that labor in Nordic countries claims a slightly smaller share of national income than in the U.S., suggesting that the impact of pro-business policies in those countries might outweigh the impact of labor protections when measured in purely monetary terms.

The Scandinavian countries, of course, have much higher taxes and spend more on social services:

Whether these various policy differences are large enough to constitute different systems is open to debate. Some economists consider them all merely different varieties of capitalism. The picture is complicated by the fact that countries change their policies over time. For example, in the 1970s, Sweden had a very large amount of redistribution, but since the late 1990s its fiscal system has become much less progressive. American socialists like Bernie Sanders may be pining for a much more interventionist Scandinavian model like that of the mid-20th century that has since changed dramatically.

The spirited online debates about socialism and capitalism are, therefore, mostly useless. They ignore and obscure the multiple dimensions of policy, as well as changes over time, and thus make it harder rather than easier to think about concrete ways to fix the problems in the U.S. system. It would be helpful to have a new consensus terminology to describe the economic systems that various industrialized countries — the U.S., France, Japan, China, and the countries of Scandinavia — have developed over the last three decades. But one thing is for certain — the dichotomy of socialism versus capitalism, inherited from the ideological battles of the past two centuries, is badly out of date.

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We Need a Politics That Is Not Only Class-Focused, but Class-Rooted

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When the pandemic eventually ends, globalization may no longer accelerate at the same rate as before. Particular sectors will remain hard-hit, and tensions between the United States and China will continue, and may even become more menacing (to borrow from Mao Zedong, the making of a global capitalism is not a “tea party”).

But none of this signals the end of globalization, an imminent collapse of capitalism, or an inevitable decline of the American empire. Global business will still be profiting from the commodification of nature and human activity, US corporations will still be a leading force in high tech and business services, the dollar will still be the global currency, and the Federal Reserve effectively the world’s central bank.

The crisis that consequently frames the political opening beckoning the American left isn’t capitalism’s economic but social failures; capitalism’s vulnerability is marked by the destructive impact of its successes on popular needs, aspirations, and fears.

And with the responses from parties and states to the rising popular discontent falling short, this crisis of legitimacy has expanded into a political crisis. Alongside popular anger with policies like free trade and austerity has come a loss of faith in state institutions ranging from social agencies to the judiciary and the police, as well as disenchantment with mainstream political parties.

The pandemic further exposed the distorted priorities and social irrationalities of capitalism: its lack of planning capacities and unpreparedness to deal with social emergencies, the ugliness of its inequalities, its general disregard for those who produce needed goods and provide essential service. The health pandemic was, as well, the canary in the mine for the far greater environmental pandemic waiting in the wings, a threat which will demand very much more than social distancing, lockdowns, or vaccines.

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COUP-IN-PROGRESS: White Collar Mafiosos Fauci, Pelosi, Cuomo & Cuomo Conspire to Topple Trump

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Let’s put THE GREAT SCAMDEMIC aside for a moment.

And let’s jump ahead to Election Day — November 3, 2020.

Three things are certain based on Deep State’s no-holds-barred MO.

First, the DEMs will steal the Senate just like they stole the House during the 2018 midterms.

Second, the DEMs will increase their majority in the House with even more election fraud and theft.

Third, the DEMs will either politically incapacitate Trump between now and Nov. 3…
or, they will outright steal the POTUS election now that the electoral process has been thrown into chaos and confusion…
or, they will let Trump win so that they can impeach and convict him in 2021 with their solid majorities.

Now let’s take a close look at THE GREAT SCAMDEMIC, and especially how it will be used to manipulate the 2020 election outcome.

This thing — THE GREAT SCAMDEMIC — goes way beyond the Democrats and Deep State.  It goes way beyond CROWNgate and Pedogate.  It goes way beyond the Rothschilds and the Rockefellers. It even goes beyond the Cahilla and the Khazarian Mafia … as well as the Black Nobility and the International Banking Cartel & Crime Syndicate.

THE GREAT SCAMDEMIC is so HUGE and has so many objectives that you know it’s the end … the final end … … … as in the “End-times” !

But that’s not the point here.

What happens between now and Election Day will determine the fate of the American Republic.  The future of the American people hangs in the balance with the 2020 outcome like no other election in U.S. history.

The election outcome (and process) will also dictate the inevitable consequences for the Democrat Party, as well the destiny of Deep State.  The Patriot Movement also stands to gain or lose a LOT!

This is why TPTB have strategically positioned so many Deep State Democrats all over the place.

We’re talking about white-collar mafiosos like Fauci, Pelosi, Cuomo & Cuomo.

The liberal power elite have installed a top hitman in every position that counts.

It’s like JFK driving through Dealey Plaza on November 22, 1963 surrounded by the 8 C.I.A. sniper nests (yes, there really were at least eight sniper’s nests).[1]

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FALSE FLAG ALERT: Obama Foundation tweeted about George Floyd on May 17th, a week before his supposed murder – UPDATE

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(Natural News) We have now confirmed that the Obama Foundation was tweeting about George Floyd on May 17th, more than a week before the day Floyd was reportedly killed by police in an act of violence that sparked the worldwide riots we’re all witnessing.

George Floyd was killed on May 25th. So what was the Obama Foundation doing tweeting about Floyd on May 17th, when nobody knew who he was?

UPDATE: Some people are saying that Twitter retroactively alters images from the history of your timeline when the source URL changes its image. However, what investigators have already confirmed is that the Twitter URL validator was used by the Obama Foundation to validate this image on May 17th, in advance of releasing it publicly. Thus, the image was VALIDATED more than a week before Floyd’s claimed death. This, combined with the new video analysis that claims George Floyd’s death was faked using crisis actors, raise serious questions about the authenticity of this event, which appears to have been planned and carried out for political purposes, right in time for the 2020 election. The Obama Foundation Twitter picture is only a tiny fragment in the larger picture that is now emerging of a pre-planned false flag event.

The answer, of course, is that the whole thing was planned in advance. Just like on 9/11 when the media was reporting that the WTC 7 building had collapsed even while it was still standing in the frame directly behind them, it looks like the Obama Foundation got its wires crossed and accidentally started tweeting about George Floyd a week in advance.

Once the first tweet accidentally went out, they couldn’t delete it without raising suspicion about it, so they just left it up and are relying on Big Tech’s censorship to make sure nobody learns the truth that this was all planned in advanced and rigged as public theater.

In fact, there is growing evidence that George Floyd isn’t even dead. We’ll cover more on that later. We’ve already documented the fact that actors are now posing as cops as part of a rioting psyop (psychological operation) that’s being used to brainwash more people into supporting the communist uprising.

YouTube is now banning all videos that discuss the Obama Foundation tweet about George Floyd on May 17th, and Facebook has made sure that no one can share any link from NaturalNews.com as a further suppression of truthful, independent reporting.

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