Howard Dean: "We're Going To Have Both Capitalism AND Socialism"

by Pejman Yousefzadeh on December 2, 2009

[tweetmeme]

Really, these people are amazing:

For the record, I don’t think that Howard Dean has any clue whatsoever concerning the degree to which socialism has failed to bring about prosperity. I don’t think he has any clue whatsoever concerning the degree to which capitalism has succeeded in bringing about prosperity. I think he has some stock talking points, and goes through them in speeches. I am sure he believes what he says, but there is no possible way that one can call his opinion an informed one.

This gives me some hope that ridiculous comments like Dean’s simply will not be listened to. But it is utterly shocking that a onetime credible Presidential candidate, and a onetime chairman of the Democratic National Committee shows such a poor grasp of economics and history.

  • http://twitter.com/BeachBumSon Norman Cherry

    Socialism; the stage ->following<- capitalism, (for socialism Must have the wealth of capitalism to begin) in the Transition To Communism. Socialism never lasts long before becoming communism, as socialism is the transitory phase from one to the other. Howard Dean?. Duh!
    What is implied here is that Howard must envision some 'utopian socialism', which would be wealth Voluntarialy Surrendered to the state and/or workers (union), with the belief that such would create full employment and no poverty. Problem is, Howard, no such examples exsist. Because those systems are; communism, Maoism, Marxism, Leninism, Fabianism, Bolshevism, and collectivism, or state ownership.
    Socialism ENCOMPASSES communism.
    Howard, how do you think you can seperate those co-joined head-to-toe twins?
    Capitalism and Socialism are the anti-thesis of each other.
    America! You are smart enough to know that what this 'promise' is, is IMPOSSIBLE.
    Howard, what is the correct expression for 'beyond ridiculous'? How about “Profoundly Weird”?.
    And do you really think anyone has agreed to this 'voluntary' transfer?. And what WILL you'all call it, now that it IS APPARENT that We The People have made No such agreement, (despite what you and your ilk have already decided for us)?.

  • goldeconomist

    The historical truth is that the sovereign debt markets have fallen apart in response to socialism as it subsumes the fiscal health of nations. Dean is ignorant of this facet, which could prove to reverse the multi-year trend towards socialism. A full discussion is on ConservativeEconomist.com (http://www.conservativeeconomist.com/commentari…) and in the book Endless Money: The Moral Hazards of Socialism (John Wiley, 2010 – see http://www.readendless.com)

  • goldeconomist

    The historical truth is that the sovereign debt markets have fallen apart in response to socialism as it subsumes the fiscal health of nations. Dean is ignorant of this facet, which could prove to reverse the multi-year trend towards socialism. A full discussion is on ConservativeEconomist.com (http://www.conservativeeconomist.com/commentari…) and in the book Endless Money: The Moral Hazards of Socialism (John Wiley, 2010 – see http://www.readendless.com)

Previous post:

Next post: