An Example of Why Socialism Doesn't Work

He's also implemented legislation against  companies like Nvidia that the US government gets a direct cut of the revenues of anything they sell to China.

 

Is that socialism?    That's not a tax - that's the US government getting a cut of a companies direct revenues.     That sure sounds like government ownership.    

Don't forget Intel or now the oil companies that he is demanding invest in Venezuela to produce oil revenue and according to Trump, he is going to control that oil money personally.

 

Although, I disagree that it is the socialistic model Trump is using. (look at who is reaping the benefits of the government control) The model we are seeing is fascism very similar to how it was in Nazi Germany.  Private business is working hand in glove with the fascist regime to enrich itself and the supreme leader. The Trump government's incestuous relationship with private business in these cases isn't for the common good. It is for the good of private business and Donald Trump. 

Edited on Jan 10, 2026 3:58pm
Originally posted by: PJ Stroh

  .......Funny how Democrats seem to always be identified with that label when Trump does stuff like this.

 

 

 


It certainly demonstrates a lack of ideological consistency. It always amazes me when people evaluate people's actions based largely on the political affiliation of the actor. 

 

 

Originally posted by: PJ Stroh

He's also implemented legislation against  companies like Nvidia that the US government gets a direct cut of the revenues of anything they sell to China.

 

Is that socialism?    That's not a tax - that's the US government getting a cut of a companies direct revenues.     That sure sounds like government ownership.    


That type of Government control with the illusion of private ownership sounds more to me like Mussolini style Facism than socialism to me. 


Originally posted by: LiveFreeNW

That type of Government control with the illusion of private ownership sounds more to me like Mussolini style Facism than socialism to me. 


Which is what I said a few posts above.  So may people, Democrats and Republicans, are reluctant to admit the simple truth that our current form/system of Goverment is fascism.

Originally posted by: Mark

Don't forget Intel or now the oil companies that he is demanding invest in Venezuela to produce oil revenue and according to Trump, he is going to control that oil money personally.

 

Although, I disagree that it is the socialistic model Trump is using. (look at who is reaping the benefits of the government control) The model we are seeing is fascism very similar to how it was in Nazi Germany.  Private business is working hand in glove with the fascist regime to enrich itself and the supreme leader. The Trump government's incestuous relationship with private business in these cases isn't for the common good. It is for the good of private business and Donald Trump. 


Is there any difference between "control" and "steal it and stuff it in his pockets"?

 

I'm sure that even if he does return that money to Venezuela, he'll keep a hefty chunk of it as a "fee" or "compensation" or even "reparations."

 

What Trump's doing isn't socialism or fascism or communism or even having an orgism. It's something that goes back to Thog the Caveman: theft and robbery.

Originally posted by: Mark

Which is what I said a few posts above.  So may people, Democrats and Republicans, are reluctant to admit the simple truth that our current form/system of Goverment is fascism.


I have long suspected, and have become increasingly convinced that while our country was focused (with good reason)  on defending against the totalitarian version of "Socialism" seen with Stalin, Mao, and similar we inadvertently allowed fascist ideology to sneak in the back door and take root. 

Originally posted by: LiveFreeNW

I have long suspected, and have become increasingly convinced that while our country was focused (with good reason)  on defending against the totalitarian version of "Socialism" seen with Stalin, Mao, and similar we inadvertently allowed fascist ideology to sneak in the back door and take root. 


It's a myth, brought on by the wartime and postwar jingoism, that we disliked or even disapproved of fascism when it sprouted in Europe. Rather, it was often praised as a way for nations to recover from the Great Depression. A LOT of people in the US admired Nazi Germany; it must be admitted that Germany was circling the drain in 1933.

 

But I'm not all that sure about your premise, since as you imply, we were really fighting against neither communism, nor socialism, nor fascism, but rather, totalitarianism. Weve let totalitarianism in the back door IMHO because of all that "shining city on a hill" bullcrap and the complacent feeling that "it could never happen here, not in noble America."

 

Consider how horribly all those checks and balances that were supposed to stop people like Trump and MAGA have failed.

Originally posted by: LiveFreeNW

I have long suspected, and have become increasingly convinced that while our country was focused (with good reason)  on defending against the totalitarian version of "Socialism" seen with Stalin, Mao, and similar we inadvertently allowed fascist ideology to sneak in the back door and take root. 


Well said.

Originally posted by: Kevin Lewis

It's a myth, brought on by the wartime and postwar jingoism, that we disliked or even disapproved of fascism when it sprouted in Europe. Rather, it was often praised as a way for nations to recover from the Great Depression. A LOT of people in the US admired Nazi Germany; it must be admitted that Germany was circling the drain in 1933.

 

But I'm not all that sure about your premise, since as you imply, we were really fighting against neither communism, nor socialism, nor fascism, but rather, totalitarianism...... 

 


I think that beginning around the time of the Great Depression we were concentrated on the form of totalitarianism labeling itself "Socialism" at around that time totalitarian fascism started to sneak in. As you implied by the time world war II was developing the roots had taken a firm hold. 

 

 

Side note: I believe this was partially a consequence of the embrace of Keynesian economics and the abandonment/ignoring of the Austrian school.  But that's a different discussion entirely. 

 

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