Socialism vs Capitalism

submitted by [deleted] from jssocial.pw

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–]jykylsin2034 6 insightful - 2 fun6 insightful - 1 fun7 insightful - 2 fun -  (2 children)

Eliminate the banks and it only gets better

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

Actually, without the banks, and without loans for businesses, you have no large factories, hence no smart phones no autos, no refrigerators or any of the things we all love. What you have is what you had before banking. Little guilds of weavers and cabinet makers, tool makers and shoe makers. No thanks.

[–]TheOtherSide 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

He is right.