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Amoxtli@thelemmy.club to Progressive Politics, Gun Control, Single Payer Healthcare and Free Abortions for All!@lemm.ee · 11 months ago

"It's Communism": Kamala's First Economic Plan Proposes Price Controls To "Combat Inflation"

www.zerohedge.com

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"It's Communism": Kamala's First Economic Plan Proposes Price Controls To "Combat Inflation"

www.zerohedge.com

Amoxtli@thelemmy.club to Progressive Politics, Gun Control, Single Payer Healthcare and Free Abortions for All!@lemm.ee · 11 months ago
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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  • tacosanonymous@lemm.ee
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    11 months ago

    I can’t imagine a world where I would post that link seriously.

    • Amoxtli@thelemmy.clubOP
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      11 months ago

      Why? It’s all over Google: https://www.google.com/search?client=firefox-b-1-d&q=price+controls+kamala+harris Isn’t communism what you wanted? Communism is price controls historically. In actual practice, prices don’t exist, or matter, in communism, because like socialism, it’s predecessor, it is not an economy, but a society that gifts things based on altruism.

      • casey is remote@noauthority.social
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        11 months ago

        @Amoxtli @tacosanonymous Maybe he doesn’t trust #WaPo, #Time, #CNBC, #TheHill, #NBCNews, or #ABCNews

        https://www.washingtonpost.com/business/2024/08/15/kamala-harris-economic-policy-2024/

        https://time.com/7011214/kamala-harris-campaign-federal-ban-price-gouging-food-groceries-inflation/

        https://www.cnbc.com/2024/08/15/harris-corporate-price-gouging-ban-food-election.html

        https://thehill.com/homenews/campaign/4828758-kamala-harris-federal-ban-price-gouging/

        https://www.nbcnews.com/business/economy/harris-propose-federal-ban-corporate-price-gouging-food-groceries-rcna166741

        https://abcnews.go.com/US/wireStory/harris-zeroing-high-food-prices-inflation-remains-big-112860716

        • zeppo@lemmy.world
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          11 months ago

          Uh, those links don’t say it’s “Communism” which is the problem with the one OP posted. Nobody said this story wasn’t true. It’s the idiotic “let’s scare some ignorant rubes, it’s communism!!” angle. The Democratic party isn’t even remotely communist, unfortunately.

          • casey is remote@noauthority.social
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            11 months ago

            @zeppo Sigh…you’re going to argue that price controls aren’t characteristic of #Communism, aren’t you?

            #Brittanica describes price controls as non-capitalistic:

            https://www.britannica.com/money/price-system/Noncapitalist-price-systems

            • zeppo@lemmy.world
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              11 months ago

              Sigh… uh, yeah. Communist countries control prices and economic activity to a far greater degree. Like, so much more that it’s absurd to claim that, which is the point here. The link also barely says what you claim it does.

              • casey is remote@noauthority.social
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                11 months ago

                @zeppo Would you agree that, generally, #Communism usually controls prices, and #Capitalism usually does not?

                • zeppo@lemmy.world
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                  11 months ago

                  Yes, but that’s an incredibly simplistic point of view. Plenty of capitalist economies also have limits on prices. In the US, over 40 states already have price gouging laws on the books for years, going back to 1979. The EU has enacted various statutes to control prices of consumer goods as well. You could call it socialist, perhaps… but it’s also kind of silly to think that capitalism means unbridled capitalism with no regulation. That’s never been how it worked. When the US nationalizes Walmart, Kroger and ConAgra let me know.

      • wintermute_oregon@lemm.ee
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        5 months ago

        deleted by creator

        • zeppo@lemmy.world
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          11 months ago

          You realize that food producers in a communist nation wouldn’t be supposed to make profits, right? The problems with that in various countries were from poorly done central planning.

          • wintermute_oregon@lemm.ee
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            • zeppo@lemmy.world
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              11 months ago

              Not any more than it is under capitalism. People starve under that system too. Meanwhile you have Republicans crying that a state might pay $1.50 a day to feed a needy kid lunch at school. Why is that even necessary then?

              • wintermute_oregon@lemm.ee
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                • zeppo@lemmy.world
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                  11 months ago

                  Do I have a citation that starvation exists in capitalist countries as well? I don’t think comparing the rest of the world to the US, which is extraordinarily well-positioned economically for a variety of reasons, makes much sense. Even so, we have 15-30 million people in the US who experience occasional or chronic food insecurity.

                  As far as Cuba, who knows how they would have done without decades of a US trade embargo. Venezuela has suffered under looting and misrule by authoritarian dictators, not communism.

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