Communism Vs. Capitalism

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FightingGameGuy said:

Rab said:

FreeTalkLive rocks! said:
If you want to know what life was like under communism read a book by Ayn Rand.

The worst part about communism? No videogames!

I guess your alluding to Soviet style Communism there are others like Democratic Communism which would be different again

 

As for videogames not being in a communist economy that doesnt make sense except as a sterio type. Communism by it's very definition would mean that all things are available to all people including yes you guessed it videogames

Even in theory, all things for all people is impossible. Not everyone in the world can have a 100+ carat diamond, because there simply aren't 6 billion of them in the world. Heck, not everyone could even have a Wii, as there aren't enough of those to meet to demand.

Inevitably, as communism ignores supply and demand it will create "deadweight loses", that is loss of efficiency, to society. In our wii example it would stem from the fact there would be a greater total volume of money spent at the market price detemined by how many people would pay market price (supply and demand) instead of the volume of money spent by communists at the controlled price. The difference in volumes is the deadweight loss to society.

As these discrepancies of price grow they can have negative effects in addition to the loss of efficiency. If the discrepancy is high enough you can have a blackmarket emerge that re-sells items.  Allotment of all goods does no better; what if you really want a wii and are willing to trade tons of your goods for it? Go to a blackmarket and pray you don't get thrown into some gulag for doing so.

Futhermore, if the controlled price is unprofitable, businesses will simply shutdown. No wii for anyone. But more seriously, no bread for the people in Zimbabwe.

Communism is such a pathetic economic policy I'm proud to be one of those capitalist American pigs that brands anyone speaking of such idiocy either utterly ignorant of basics economics or a pinko. Now if we could only get rid of our darned farm subsidies and do the world some good ....

@Soriku: A Communist society can't co-exist with a capitialist societies because the capitalist societies will nearly always developmentally outstrip the communist societies over time due their greater efficiency.

Efficient to who? The capitalist, not society. They can't co-exist, you're right about that, that's the reason why i said earlier that the communistic country needs to be isolated and don't use money. Communism is financially much more efficient system than capitalism. In communism you don't need money. You need to think outside the box. And why should communism ignore supply and demand? There's no reason that i can think of for that. Now you assume, that everyone would want everything. That's how it works in capitalism, when everything has a value in money or everything expensive would be seen as luxury items. You need to think outside the box again. What happens when the diamond doesn't have that value in money and therefore can't be seen as a luxury item? @Nintendownsmii: I agree about that ideal part, but the problem is, that it's the revolution and dictatorship stage, that people (with the power) are stuck with. Somewhat ideal communism works at the moment in smaller scales all over the world -maybe even at your home, but in larger scale, it doesn't tend to work, since the people with power tend to turn into capitalist since it benefits them more. So the democratict phase stays unreached. Although, usually the dictators call themselves as communists to stay in power.