Despite the results, why is there growing support for democratic socialism?
Responses
Bobreb
Because in the end, the combination of some socialism and some -- highly managed -- capitalism, turned out to be the best path forward. Like the other democratic socialist nations, they've discovered the answer is not one extreme or the other, but a balance. They've discovered that market systems left unmanaged, or poorly managed, produce vast inequality, deliver only minimal economic growth, and what economic growth they do deliver is not equitably shared.
Posted
Jun 22, 2019
Bobreb
It seems unfortunate that America seems unable to learn from other nations. It really appears as if the idea of American exceptionalism has blinded us to the possibility of progress through example and learning.
Responses
Because in the end, the combination of some socialism and some -- highly managed -- capitalism, turned out to be the best path forward. Like the other democratic socialist nations, they've discovered the answer is not one extreme or the other, but a balance. They've discovered that market systems left unmanaged, or poorly managed, produce vast inequality, deliver only minimal economic growth, and what economic growth they do deliver is not equitably shared.
It seems unfortunate that America seems unable to learn from other nations. It really appears as if the idea of American exceptionalism has blinded us to the possibility of progress through example and learning.