General Discussion

wnylib

(26,999 posts)

39. That's a consequence of financial deregulations that

Thu Jul 2, 2026, 11:53 PM

Jul 2

Rs have pushed abd achieved for a few decades.

Under FDR and up until Reagan, we had regulated capitalism with laws that restrained the financial abuses going on now by the billionaire class. But Rs chipped away at those regulations.

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Skittles

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Highlight:

There Are Very Few Socialists in America: Krugman [View all] applegrove Jul 2 OP

He's right Fiendish Thingy Jul 2 #1

I have been saying this over and over for the 8 years (today is my 8 year anniversary) I have been on DU Celerity Jul 2 #16

Happy Anniversary SocialDemocrat61 Jul 2 #30

thanks so much Celerity Jul 2 #35

What's the difference? Farmer-Rick Jul 2 #17

It's more than semantics Fiendish Thingy Jul 2 #23

I agree AZProgressive Jul 2 #2

And, believe it or not, as president, Biden was the closest to a Keynesian since LBJ. Fiendish Thingy Jul 2 #24

Like when the Danish PM reminded someone that Denmark's a market economy, not socialist. betsuni Jul 2 #3

That reminds me of a quote from Tom Souzzi AZProgressive Jul 2 #7

These secret conspire & whine cocktail parties sound intriguing. betsuni Jul 2 #36

Oh, and same revolution person said attendees at such Democratic events are "older, whiter, and wealthier" betsuni Jul 3 #43

Not only that DFW Jul 3 #44

I forgot the canapes: "Some of the wealthiest members of the political establishment are hiding behind closed doors betsuni Jul 3 #57

When I hear canapes, I always think caviar, which I hate DFW Jul 3 #58

I love the Scandinavian smoked cod roe caviar that comes in tubes (any seafood-mayo or cheese in tubes). betsuni Jul 3 #61

I used to get this a lot in France in the 1960s, from many 18 year old experts on the USA who had never been there DFW Jul 3 #63

Interesting experiences! electric_blue68 Sunday #69

At first, neither did I, but it soon became clear DFW Monday #71

Interesting observations. electric_blue68 20 hrs ago #72

Norman Thomas, perennial socialist candidate, knew FDR was not a Socialist DBoon Jul 3 #59

More of us every day. BlueTsunami2018 Jul 2 #4

Socialism represents public power. Of course Emile Jul 2 #5

Absolutely, and, I'm tired of the bad faith false choice. Oneironaut Jul 2 #6

But MAGA morons believe Fox, and Trump, and SInclaire radio, NewsMax etc. They're dumb and hateful people ChicagoTeamster Jul 2 #8

Great, just please stop using the term "socialist." Say "Democrat." Period. Auggie Jul 2 #9

Doesn't matter SurfLiberal Jul 2 #10

That word can rally their troops. Like your idea -- stay home. Auggie Jul 2 #25

Doesn't mean you have to call yourself one Boo1 Jul 2 #26

Sorta like the Nordic model Joinfortmill Jul 2 #11

social democracy is a foundation for our Nordic Model (I am in Sweden) Celerity Jul 2 #13

The elephant in the room that is not being addressed here.. ananda Jul 2 #12

This message was self-deleted by its author applegrove Jul 2 #14

It is called liberalism in Canada. applegrove Jul 2 #15

The Liberal Party of Canada is not a social democratic party, the New Democratic Party is the social democratic party. Celerity Jul 2 #27

They could have had Polliviere Callie1979 Jul 3 #51

Economically, Carney is making multiple moves that are similar to what Poilievre would do, Celerity Jul 3 #54

Small "L" liberalism Fiendish Thingy Jul 2 #29

Used to be called that in the US, too. wnylib Jul 2 #37

Then the neocons took away the word liberal by making it derogatory. applegrove Jul 2 #38

I refused to have it taken from me. There is nothing wrong wnylib Jul 3 #41

Liberal and Socialist have been tainted by the Rs and their Big Media 31j20b3 Jul 2 #18

John Steinbeck quote anamnua Jul 2 #19

And that was many decades BEFORE Fox Noise. DFW Jul 3 #53

As soon as the Govt starts bailing out failed "free market" Capitalism, any argument against Govt social programs ToxMarz Jul 2 #20

Right you are. Tax breaks for corporations is just a direct applegrove Jul 2 #22

That's a consequence of financial deregulations that wnylib Jul 2 #39

Regulated capitalism saw capitalism as an economic tool. Capitlists seek to unleash it as a form of governance. ToxMarz Jul 3 #42

yup Skittles Jul 3 #45

It doesn't matter Cirsium Jul 2 #21

Too many FASCISTS in the U.S! Remember in WWII, it was the fascists who REALLY hated the socialists. eom Exp Jul 2 #28

In The Third Reich, they merged DFW Jul 3 #46

Absolutely. SamuelAdams Jul 2 #31

I have a confession to make SocialDemocrat61 Jul 2 #32

Same here. I have always said that I am a liberal Dem to the left of center, but wnylib Jul 3 #40

It gets complicated when you say As In Europe. DFW Jul 3 #47

Most American voters don't have that background understanding wnylib Jul 3 #55

Pretty sad when affordable day care, affordable rent, and affordable transportation are called "socialism". Bluetus Jul 2 #33

Sad and disingenuous as well. DFW Jul 3 #48

Krugman is tops BaronChocula Jul 2 #34

And the supposedly business-friendly Republicans cut Obama's business Stimulus package in half DFW Jul 3 #49

Scumbags BaronChocula Jul 3 #50

It is a mentality we will never understand, and they exploit that to the max DFW Jul 3 #52

"but they are grateful for our reluctance to do so" BaronChocula Jul 3 #60

I have run into Gingrich a few times, but never really talked to him. DFW Jul 3 #65

He's very wrong TVguyCards Jul 3 #56

I think most people voting for candidates to get universal applegrove Jul 3 #62

I wouldn't be so sure TVguyCards Jul 3 #64

"make the argument that workers should own the means of production" EX500rider Jul 3 #66

Ahh I was expecting you to say that :) TVguyCards Jul 3 #67

So the short answer is there have been no economically successful socialists countries? EX500rider Jul 3 #68

I can say back in NYC in the early 1970s there were some Socialists. I know because.... electric_blue68 Sunday #70