Bernie Sanders confuses me

[hershel_layton]

SuperNova said:
Got to love the assumption of OP that Europe is somehow this insignificant little place that has no people living in it. Germany alone has a population of roughly 84 million. If they can manage free university and healthcare on about a third of the U.S. population then the U.S. can manage it too.

Also I don't get the people being super worried about businesses profit margins honestly. Are you all somehow socialite heirs?

A business can live healthily on a modest profit margin. In Europe that's how most state owned businesses operate. They generate profit that they invest back in.
That's one of the major reasons privatisation sucked so hard around here. The private companys raised the prices and stopped investing back into infrastructure and maintenance, in order to maximize profits.
The result is bad service dangerous infrastucture (some of the old atomic plants that should have been shut down already, keep blowing through transistors, having coolingwater leaks etc). When these companys reach the point of having ruined the infrastucture beyond being able to generate mega profits anymore, they sell back to the state. Smart for the business, bad for the state and everyone else.

The end-result is the same though, the tax payer carries the cost of maintenance. Only that it would have been cheaper to continually upkeep instead of heving to pour billions in later because of negligence.

I'm not trying to say all capitalism is bad or anything like that, but capitalism has shown itself to be non-selfregulating. It needs rules to work. For starters everything that should be a human right, can't depend solely on a priciple that favours the strong and discriminates against the poor.
Schools, Universitys, Healthcare, the power and railroad networks should be state owned and run. That way you create the even playing field capitalism needs to work properly.

As for Sanders plan to invest in infrastructure, that's a proven concept. Road upkeep and building brings some of the best long term returns economically. It brings a lot of emplayment for unskilled people, giving them the chance to rise economically and socially, thus releasing more money into the markets. Plus american roads are hard to outsource to china.

Of course state owned businesses only work as long as the state isn't corrupt as fuck.
As with everything it's really about the balance between state, companies and citizens.

Never said I was right or wrong. I'm not completely knowledgeable on US economics, so I usually choose to ask questions(instead of creating an argument).

 

Also, oh my. Germany has 80 million? Europe has always been a calm place for me. I always assumed the population of Germany was at the maximum 50 million.