Interesting to watch this evolve,figured there would be issues but did not expect so many from within. Sure did not take long to start eating itself.
I was shocked to see how fast that experiment collapsed. Indeed.
Or enter the Government to save everyone from the trouble they're having from all this equal pay without equal merit. Just a theory. BUT, it's interesting to see how these business decisions play out. Like the raise in minimum wage in Seattle.
Only time will tell if these moves bring more prosperity or just raise the bar at which we declare poverty.
There's no substitute for having sound skills that someone is willing to pay for...and
sometimes always skills need to change match what the market needs.
We have seen multiple examples of socialism collapsing in the past. Even today. Venezuela (another thread of mine)
You're not actually impying that capatlism is winning right, we're destroying everything of REAL value, like oxygen, ocean, nature, wildlife, everything of REAL value, to aquire stuff of fabricated value, paper with values printed on them, with no actual value, which also causes alot of inequality and also has led to the accumulation of masses of real value in the hands of a few, while evry years MILLIONS die of hunger.
Communism wasnt the answer, but capitalism is the biggest disaster for this planet ever.... If You Think Communism Is Bad For People, Check Out What It Did To The EnvironmentWhen the Berlin Wall came down and the Iron Curtain was finally lifted to expose the inner workings of communism to Western eyes, one of the more shocking discoveries was the nightmarish scale of environmental destruction. The statistics for East Germany alone tell a horrific tale: at the time of its reunification with West Germany an estimated 42 percent of moving water and 24 percent of still waters were so polluted that they could not be used to process drinking water, almost half of the country’s lakes were considered dead or dying and unable to sustain fish or other forms of life, and only one-third of industrial sewage along with half of domestic sewage received treatment.
An estimated 44 percent of East German forests were damaged by acid rain — little surprise given that the country produced proportionally more sulphur dioxide, carbon dioxide, and coal dust than any other in the world. In some areas of East Germany the level of air pollution was between eight and twelve times greater than that found in West Germany, and 40 percent of East Germany’s population lived in conditions that would have justified a smog warning across the border. Only one power station in East Germany had the necessary equipment to clean sulphur from emissions.
Sten Nilsson, a Swedish forest ecologist who was kicked out of East Germany in 1986 for his efforts at collecting data on the health of its forests, said in April 1990 that many forests were “dead, completely” and described the country as “on the verge of total ecological collapse.” The environmental policy of the communist government, according to then Environment Minister Karl-Hermann Steinberg in 1990, “was not only badly designed but didn’t exist.”
Perhaps nowhere suffered more grievous environmental harm than the town of Bitterfeld. Translated as “Bitterfield” in English, its name under the communist regime would prove apt. Pronounced by Der Spiegel as Europe’s dirtiest town, Greenpeace as well as government statistics suggested it may have been the filthiest in the entire world. Home to a variety of manufacturing facilities which spewed a witch’s brew of chemical and industrial byproducts into the air and water, Bitterfeld was nothing less than an environmental horror show. This is how the Washington Post’s Marc Fisher described the town in the spring of 1990: