How's "socialist" California doing?

@mott-the-hoople said
yeah its just cushy there...If you are rich...

https://www.sacbee.com/news/local/health-and-medicine/article218270905.html

Careful there, you wouldn't want to be labeled "socialist".

@philokalia said
But why is California's economy so great?

Silicon Valley and Beverly Hills...

Or the Housekeepers of silicon Valley and the gardeners of Beverly Hills?

The corporate taxes jeeps the system afloat. The tax breaks keep them there.

And the middle class that is a more meaningful part of this is moving away, right.

What do you think of that?

Since when has your party been a champion of the middle class? Are you forgetting the tax giveaway to the rich that was the first item on Trump's agenda?

Why aren't you repeating your mantra of "make the billionaires even richer and it will trickle down to the peons"? Do you finally admit that "Reaganomics" is a fraud?

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You know the debt each country or state has accumulated?

@kellyjay said
You know the debt each country or state has accumulated?

https://en.wikipedia.org/wiki/List_of_countries_by_public_debt

@no1marauder said
Pretty well it seems:

California is now the world’s fifth-largest economy, up from eighth a decade ago. If it’s a socialist hellhole, it’s a socialist hellhole that somehow nurtured Apple, Google, Facebook, Tesla, Uber, Netflix, Oracle and Intel, not to mention old-economy stalwarts like Chevron, Disney, Wells Fargo and the Hollywood film industry. [b]California firms ...[text shortened]... ww.politico.com/magazine/story/2019/02/21/trump-california-attacks-economy-225191


Hmmmmmmmmmmmm

So to what do you attribute the large economy?

Socialist policies?

@whodey said
So to what do you attribute the large economy?

Socialist policies?

Policies that you and other right wingers call "socialist" like investing in public infrastructure and human capital, supporting worker rights and higher minimum wages, having a responsible level of taxation on the wealthy, etc. etc. etc. all contribute to California's economic success.

There's still a few bumps to be worked out, in particular the State still does have a higher than average poverty rate (which is to be expected in a highly urban State with a fairly large recent immigrant population) but they are on the right track.

@whodey said
So to what do you attribute the large economy?

Socialist policies?

"The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from a centralized government" (Milton Friedman). That being said, and not really getting what is being touted in this thread, is anyone here behind the Socialist movement? Remember, Bernie wasn't always rich, but has made millions selling socialism to nitwits.

@averagejoe1 said
"The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from a centralized government" (Milton Friedman). That being said, and not really getting what is being touted in this thread, is anyone here behind the Socialist movement? Remember, Bernie wasn't always rich, but has made millions selling socialism to nitwits.

Milton was wrong about that, as he was wrong about many things:

Not only has government funded the riskiest research, whether applied or basic, but it has indeed often been the source of the most radical, path-breaking types of innovation.

From Mariana Mazzucato’s “The Entrepreneurial State,”

A illuminating review of it is here: https://scholarlykitchen.sspnet.org/2013/08/19/book-review-the-entrepreneurial-state-debunking-public-vs-private-sector-myths/

Of course, capitalism couldn't and didn't exist without the State so statements like Friedman's are somewhat ironic as well as ill-informed. Socialism actually doesn't require a State as anarchists or "libertarian socialists" will tell you.

@no1marauder said
Milton was wrong about that, as he was wrong about many things:

Not only has government funded the riskiest research, whether applied or basic, but it has indeed often been the source of the most radical, path-breaking types of innovation.

From Mariana Mazzucato’s “The Entrepreneurial State,”

A illuminating review of it is here: https://scholarlykitchen.sspnet.o ...[text shortened]... Socialism actually doesn't require a State as anarchists or "libertarian socialists" will tell you.

Ok, Friedman was wrong. Interesting stuff. And we now have one check in the “For Socialism” column.

@averagejoe1 said
"The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from a centralized government" (Milton Friedman). That being said, and not really getting what is being touted in this thread, is anyone here behind the Socialist movement? Remember, Bernie wasn't always rich, but has made millions selling socialism to nitwits.

I think organized religion has the nitwit market cornered.

@averagejoe1 said
Ok, Friedman was wrong. Interesting stuff. And we now have one check in the “For Socialism” column.

Why don't you tell me what you think "Socialism" is and then I'll tell you whether you can put a check in that column.

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If you take the GDPs of the 4 US states away from the US GDP, where does it leave the US on the list?

@js357 said
If you take the GDPs of the 4 US states away from the US GDP, where does it leave the US on the list?

2nd, a few hundred billion behind China.

@averagejoe1 said
"The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from a centralized government" (Milton Friedman). That being said, and not really getting what is being touted in this thread, is anyone here behind the Socialist movement? Remember, Bernie wasn't always rich, but has made millions selling socialism to nitwits.

The US government landed a man on the moon, invented nuclear technology and the internet.