What, exactly, is socialism? Again this discussion seems necessary.

So what is a state bureaucrat?

 

What is a state?

 

That organization that succeeds in holding the exclusive right to use, threaten, or authorize physical force against residents of its territory.

 

We would never go backwards to 7,000 banknotes issued by 7,000 banks. Not with the internet and debit cards. You're living in the past. Next you're going to be talking about farriers and wainwrights.

 

Sure we have, it is basically tribalism. Socialism is simply an attempt to go back in time and exist in tribes.

 

You understand that those were banknotes, not money, right?

In the internet age, there is no reason why Joe couldn't transfer ten grams of silver to Bill via debit card, Venmo, Paypal, or any other technology. Or Joe could could just hand Bill 10 grams of silver.

 

You're deflecting, you said getting rid of taxes would effectively raise the average person's take home pay & even increase their pay rate. Whether increased take home pay has actually occurred doesn't matter, that part should be true. But again, since the 1950s, you've been paying less when adjusted for inflation. Yet, wages are stagnant, despite productivity being as high as ever! During the 1930s, finance had a rather dubious reputation & there were runs on banks. That's when Roosevelt instituted FDIC, told you there wasn't anything to fear. Take what you have out from under your mattress and go back to the bank, your GOVERNMENT will insure your savings! To this day, that federal program's logo is in the window of every reputable institution!

The latter part of your comment is all that's relevant with respect to any system. The current system professes to represent the whole, but it doesn't. That doesn't a free market system can't work or a more socialist one. But both are easily corruptible. If you're among those here who believe that by abolishing the government at the federal & perhaps state level & think something wonderful is going to fill that void by you sitting & watching, I have bad news. It isn't & it's been tried. All those decades of fighting the cold war & what occurred when the Soviet Union collapsed?

A rather uneventful turnover internally I mean to say. The subordinated countries on the periphery, something different. But Russia, it was little more than a vacuum grab by organized crime, while the U.S. sat & watched, totally unconcerned of what shape that transformation may take. Soon after, your government recognized the new order.... that should tell you something about your country's government.

 

Any failure in them happened because the republicans engineered a failure.

 

Also because they weren't your real socialism, which is worker owned firms.

 

what makes you say that? Government is social-ism. we need better management.

 

So banks would have scribes write out their currencies by hand? And deliver them via pony express?

No. They would issue debit cards and checks.

 

no they would print paper money for those who wanted it and perhaps issue debit cards to reflect uncertain value of paper currency.

 

We could be solving simple poverty and improving the efficiency of our market economy by solving for capitalism's natural rate of unemployment at the equivalent to fourteen dollars an hour and a fifteen dollar an hour minimum wage.

 

Would they print it using mechanical typewriters?

What does "to reflect uncertain value of paper currency" even mean?

If you ran a bank would you go to the trouble of engraving and printing banknotes? Or would you simply give your depositors debit cards?

 

Here exactly is our form of socialism:

Our welfare clause is General and must cover any exigency facing our Republic.

That must include solving simple poverty.

 

Yes, and only 120 million slowly starved to death so far. You gotta be persistent in this life; you cant let little set backs deter you!

 

I assume they'd use a printing press. Why???

 

So let's say you're running a bank. Someone deposits 100 grams of gold. Are you telling me that you're going to engrave and print a banknote for 100 grams of gold? Wouldn't it be more efficient for you to just give them a debit card that they could use to withdraw some or all of their deposit?

 

its like asking if you'd make a hand made car. If people wanted it,obviously. Why hand engraving when modern printing is electronic????

 

Why would people want banknotes when they can just use their debit card or Apple pay?

 

its insanity to predict how current businesses will operate tomorrow let alone how businesses we've never seen would operate!! Its in the nature of capitalism.

 

Why would a bank print paper banknotes when they could just use modern technology?

 

I thought that you predicted that banks would issue paper banknotes.

 

So as a free-market guy, if you ran a bank would you give your depositor a banknote with which he could get her money, or would you simply magnetize a debit card with which she could access her money?

 

There is no provision for excuses in the federal doctrine.