Summary:
The Trump White House research team have issued a very strange report. It’s called “The Opportunity Costs of Socialism,”. It purports to prove that ‘socialism’ and ‘socialist’ policies would be damaging to Americans because the ‘opportunity costs’ of socialism compared to capitalism are so much higher. What is strange and rather amusing is that the White House advisers to Trump deem it necessary to explain to Americans the failures of ‘socialism’ in 2018. But when you delve into the report, it becomes clear that what is worrying the Trumpists is not ‘socialism’, but the policies of left Democrat Bernie Sanders for higher taxes on the rich 1% and the increased popularity of a ‘single-payer’ national health service for all. The popularity of these policies threatens the Republican
Topics:
Mike Norman considers the following as important: bernie sanders, bourgeois liberalism, capitalism, economics and politics, inequality, oligarchy, plutonomy, socialism, US Politics
This could be interesting, too:
The Trump White House research team have issued a very strange report. It’s called “The Opportunity Costs of Socialism,”. It purports to prove that ‘socialism’ and ‘socialist’ policies would be damaging to Americans because the ‘opportunity costs’ of socialism compared to capitalism are so much higher. What is strange and rather amusing is that the White House advisers to Trump deem it necessary to explain to Americans the failures of ‘socialism’ in 2018. But when you delve into the report, it becomes clear that what is worrying the Trumpists is not ‘socialism’, but the policies of left Democrat Bernie Sanders for higher taxes on the rich 1% and the increased popularity of a ‘single-payer’ national health service for all. The popularity of these policies threatens the Republican
Topics:
Mike Norman considers the following as important: bernie sanders, bourgeois liberalism, capitalism, economics and politics, inequality, oligarchy, plutonomy, socialism, US Politics
This could be interesting, too:
Peter Radford writes The Geology of Economics?
Dean Baker writes Capitalism and Democracy: The market is far more flexible than Christopher Caldwell imagines
Peter Radford writes AJR, Nobel, and prompt engineering
Robert Skidelsky writes The Roots of Europe’s Immigration Problem – Project Syndicate
The Trump White House research team have issued a very strange report. It’s called “The Opportunity Costs of Socialism,”. It purports to prove that ‘socialism’ and ‘socialist’ policies would be damaging to Americans because the ‘opportunity costs’ of socialism compared to capitalism are so much higher.
What is strange and rather amusing is that the White House advisers to Trump deem it necessary to explain to Americans the failures of ‘socialism’ in 2018. But when you delve into the report, it becomes clear that what is worrying the Trumpists is not ‘socialism’, but the policies of left Democrat Bernie Sanders for higher taxes on the rich 1% and the increased popularity of a ‘single-payer’ national health service for all. The popularity of these policies threatens the Republican majority in Congress and also the wealth and income of big pharma corporations and Trump’s billionaire supporters....Michael Roberts Blog
Socialism and the White House
Michael Roberts
See also
People's World
Socialism under attack from scared White House
Ian Goodrum