Ah interesting. Talking to real people is a great way to cut through the psyop.
Based on my observation, speaking strictly in terms of economic policy, no country in the world is actually implementating pure socialism or pure capitalism.
I think what we have right now is called in the Austrian school as 'Interventionism', an attempt at balancing socialist policies and capitalist policies. This is what a vast majority of governments, irrespective of political system, is actually implementating.
One could probably point to a few holdouts who are stuck in the past, but an explicit attempt at total socialism, like the revolution-types we saw in the last century, is either dead in most countries or dying a slow death in others.
The Austrian view is that interventionism is unstable.
One intervention will cause distortions, instabilities and inefficiencies which will lead to either calls for more interventionist or more free market reforms. Constant quibbling and psyop by two sides are symptoms. Ordinary people are treated like rats in lab experiments by economists to test and refine their hypotheses, models and equations on.
It is a tiresome and horrifying approach to economic policy and economics in general.
Sachin
npub1xn…43qnl
2025-04-13 00:21:34
in reply to nevent1q…2gnw
Author Public Key
npub1xnc64f432zx7pw4n7zrvf02mh4a4p7zej3gude52e92leqmw8ntqd43qnlPublished at
2025-04-13 00:21:34Event JSON
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"content": "Ah interesting. Talking to real people is a great way to cut through the psyop.\n\nBased on my observation, speaking strictly in terms of economic policy, no country in the world is actually implementating pure socialism or pure capitalism.\n\nI think what we have right now is called in the Austrian school as 'Interventionism', an attempt at balancing socialist policies and capitalist policies. This is what a vast majority of governments, irrespective of political system, is actually implementating.\n\nOne could probably point to a few holdouts who are stuck in the past, but an explicit attempt at total socialism, like the revolution-types we saw in the last century, is either dead in most countries or dying a slow death in others.\n\nThe Austrian view is that interventionism is unstable. \n\nOne intervention will cause distortions, instabilities and inefficiencies which will lead to either calls for more interventionist or more free market reforms. Constant quibbling and psyop by two sides are symptoms. Ordinary people are treated like rats in lab experiments by economists to test and refine their hypotheses, models and equations on.\n\nIt is a tiresome and horrifying approach to economic policy and economics in general. ",
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