Again, neoliberalism does equate to capitalism, as said before. One country doing poorly with their nation does not mean the entire system is all horrible and we need to switch to socialism. Seriously, socialism doesn’t work, and there are examples of that in many countries that have tried socialism but ended up failing because of poor funding from the government because they just can’t afford to keep the people fed. Other socialist governments like Vietnam had to adopt capitalist policies because the economy has stagnated, because they realize that socialism doesn’t entirely work. Even China, a communist government, had to adopt capitalist policies because an economy that’s entirely communist doesn’t work either. Capitalism is superior and these two countries know that, that’s why these nations are successful.
greece is quite the example to use first considering stuff like this https://jacobin.com/2023/03/greece-railroad-accident-safety-austerity-privatization but obviously i have better things to do than go through every single one of those examples, so i’ll give this point. the uk was doing fine, if not great with a strong public industry. then successive neoliberal Tory governments, starting with the devil incarnate Th*tcher, privatised everything and gave us years and years of austerity. now everything’s crap.
FACT CHECK TIME!
(Note: We have already responded once to this, so go check that out first, but we thought we would do a fact check here as well)
Firstly, neoliberalism has nothing to do with capitalism since it’s been around way before this ideology came around, and there are plenty of capitalist countries that are not neoliberalist, such as Greece, Turkey, Singapore, South Korea, Switzerland, Monaco, North Macedonia, Russia, the Philippines, Thailand, Indonesia, the Maldives, the UAE, and a lot more. Secondly, how do you know that the socialist and communist governments in the world are not going to do the same thing? In a socialist government, they are the monopoly and we have to put all our trust in them, putting us at their mercy, which ends poorly a lot of times as the government has too much power over the economy and how it’s run. Now am I saying that capitalism doesn’t have its problems either? No, but unlike a socialist government, a capitalist government has often times held companies accountable for any exploitation and harmful actions done to the public time and time again, and corrupt government officials are also called out for their crimes too, holding them accountable. Best of all, privatization allows freedom for every person to own things and to own property and to own the things they have to meet their basic needs and help others. That’s the reason capitalism is better and more rewarding and freer than socialism.
you named 5 communist countries. you clearly don't know how much was better in the uk before successive neoliberal governments privatised everything. now, the free market has decided it's efficent to just not have half the trains work, it's efficent to dump unfiltered sewage into rivers, it's efficent to only run buses where it’s profitable so rural areas are left out. and this has all cost us billions.
FACT CHECK TIME!
A country with a lack of safety and everyone’s basic needs not being met does NOT equate to capitalism. On the contrary, many places like Switzerland, Iceland, Finland, Sweden, Norway, Denmark, Singapore, Taiwan, Ireland, Hong Kong, Japan, Monaco, Andorra, South Korea, Portugal, New Zealand, and Australia all have the lowest homelessness rates, the highest qualities of life, and least amount of homelessness and starvation.
And since we are on the topic of living in a dangerous world where most people can barely feed themselves except two people with 500 yachts, let’s talk about countries like Venezuela, Cuba, Eritrea, Laos, and North Korea. Let’s ask those countries how they are doing right now under a socialist government with starvation, homelessness, oppression, and danger, except for a small group of people ruling the nations with lavish lifestyles that only those people under socialist nations can even DREAM OF. Talk about exploitation, and yet they’re calling the capitalists out for it. Maybe don’t falsely accuse us of encouraging exploitation by elites next time without even considering how horrible these people in the socialist (and communist nations) are being exploited by their own government. At least with capitalism, we have more freedom and higher living standards, and it worked out well for dozens of countries adopting capitalism across the world.
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