I am not sure this is found in the definitions of democracy and republic. Or are you confusing republic and monarchy?The difference is that in a democracy everybody is equal,in a republic some people are more equal than others.
I am not sure this is found in the definitions of democracy and republic. Or are you confusing republic and monarchy?The difference is that in a democracy everybody is equal,in a republic some people are more equal than others.
Technically, rule of the rich is a plutocracy. In modern terms a republic is just anything that isn't a monarchy.I am not sure this is found in the definitions of democracy and republic. Or are you confusing republic and monarchy?
No I'm not, I'm simply looking at the differences between republican and democratic forms of government down through the centuries. Every republican form of government heavily privileged the rich in society, from Rome having the Patrician class vote first while the Plebians who turned up having to habg around all day, through the property and income voting requirements of the medieval republics right down to the legality of buying votes and politicians in the present day US.I am not sure this is found in the definitions of democracy and republic. Or are you confusing republic and monarchy?
If you view it as trickle down, you will always be poor. One criticism of lefty economic thinking that seems to stick, is that lefties have no notion of how to create wealth. They've got plenty of ideas about how to take from others and "redistribute," but wealth creation is something they have no interest in. Wealth arises when individuals create goods and services that other people want. Government doesn't do that. But government taxes and regulations can certainly stamp out that initiative and keep everyone poor. I mean, when the Soviet Union allowed 2-3% private farm plots, those plots greatly outperformed the collective farms.Ah, trickle down thinking. Will we ever be spared of it?
Every society has hierarchy. That's part of the human condition. Can't be avoided.No I'm not, I'm simply looking at the differences between republican and democratic forms of government down through the centuries. Every republican form of government heavily privileged the rich in society, from Rome having the Patrician class vote first while the Plebians who turned up having to habg around all day, through the property and income voting requirements of the medieval republics right down to the legality of buying votes and politicians in the present day US.
The UK, Netherlands, Belgium, Spain, Canada, of the top of my head. Not that you asked me.. None of them are republics, all are democracies, notably also monarchies.There is no difference between a republic and a democracy.
Gulliver Foyle: can you name some countries that you consider to be democracies but not republics? It would make your point more comprehensible, as we could then make some informed comparisons.Democracy or Republic: What's the difference?
And which is the United States?www.merriam-webster.com
In your example you've equated “left” with totalitarian Russia. The truth is there is room on the left, just as there is room on the right (the current US right wing is looking uncomfortably fascist these days.)One criticism of lefty economic thinking that seems to stick, is that lefties have no notion of how to create wealth.
Yes, I did consider that. However, GF's claim was that democracies were more egalitarian than republics. A monarchy is, by definition, not egalitarian.The UK, Netherlands, Belgium, Spain, Canada, of the top of my head. Not that you asked me.. None of them are republics, all are democracies, notably also monarchies.
It's callled trickle down economics because that's how right wingers described it. The belief that making the wealthy even wealthier will over flow the coffers so that money trickles down to the rest of society STUPID, considering we have decades of evidence showing otherwise. You should stop reading Ayn Rand, it's poison for the brain.If you view it as trickle down, you will always be poor. One criticism of lefty economic thinking that seems to stick, is that lefties have no notion of how to create wealth. They've got plenty of ideas about how to take from others and "redistribute," but wealth creation is something they have no interest in. Wealth arises when individuals create goods and services that other people want. Government doesn't do that. But government taxes and regulations can certainly stamp out that initiative and keep everyone poor. I mean, when the Soviet Union allowed 2-3% private farm plots, those plots greatly outperformed the collective farms.
Wealth also arises from people relentlessly and mercilessly screwing over anyone they can. Not everyone can be the boss. By definition, some have to be the workers, too. And the wealth never trickled down to them. The boss saw to that with low wages.If you view it as trickle down, you will always be poor. One criticism of lefty economic thinking that seems to stick, is that lefties have no notion of how to create wealth. They've got plenty of ideas about how to take from others and "redistribute," but wealth creation is something they have no interest in. Wealth arises when individuals create goods and services that other people want. Government doesn't do that. But government taxes and regulations can certainly stamp out that initiative and keep everyone poor. I mean, when the Soviet Union allowed 2-3% private farm plots, those plots greatly outperformed the collective farms.
It amazes me that someone that's supposedly educated cannot grasp the simple concept that ◊◊◊◊ rolls down hill. When you tax big business the increase is added to consumer pricing and that can only mean the consumer pays for the tax increase in the end. There has never been an economy in the history of the world that was taxed into prosperity.It's callled trickle down economics because that's how right wingers described it. The belief that making the wealthy even wealthier will over flow the coffers so that money trickles down to the rest of society STUPID, considering we have decades of evidence showing otherwise. You should stop reading Ayn Rand, it's poison for the brain.
Only if the monarchs in said monarchy hold more wealth and power than everyone else, which they typically don't.Yes, I did consider that. However, GF's claim was that democracies were more egalitarian than republics. A monarchy is, by definition, not egalitarian.
Well, apart from the USA, of course, in the 1950s, largely considered the boom years for that country, when it became the global superpower.It amazes me that someone that's supposedly educated cannot grasp the simple concept that ◊◊◊◊ rolls down hill. When you tax big business the increase is added to consumer pricing and that can only mean the consumer pays for the tax increase in the end. There has never been an economy in the history of the world that was taxed into prosperity.
Right up until the 1970's when interest rates hit record highs and the economy was brought to a standstill by the failed Democrat economic policies of Jimmy Carter. That's when the "No Gas Today" signs were posted at most filling stations. That ended Jimmy Carter's tour of duty in 1980. The economy recovered under Reagan's trickle down economics and interest rates were lowered. I lived it. That's why Reagan won in a landslide in 1984.Well, apart from the USA, of course, in the 1950s, largely considered the boom years for that country, when it became the global superpower.
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Tax rates up to 90% for the richest. Seemed to do pretty well, didn't it?
So the boom years when the US gained its greatest prosperity were during the high tax rates. And, starting in 1964, income tax rates declined, this decline continued until 1987, through the point at which you are complaining about.Right up until the 1970's when interest rates hit record highs and the economy was brought to a standstill by the failed Democrat economic policies of Jimmy Carter. That's when the "No Gas Today" signs were posted at most filling stations. That ended Jimmy Carter's tour of duty in 1980. The economy recovered under Reagan's trickle down economics and interest rates were lowered. I lived it. That's why Reagan won in a landslide in 1984.
Only if the monarchs in said monarchy hold more wealth and power than everyone else, which they typically don't.
e.g. the UK king has no political power and exactly the same voting power as any other citizen. He is the 258th richest person in the UK, so there are 257 richer people than him.
I assume this is sarcasm?Sounds pretty egalitarian to me.![]()
There is so much wrong with this. Except maybe the “I lived,” but I’m taking your word for it, so can’t be 100% sure of that.Right up until the 1970's when interest rates hit record highs and the economy was brought to a standstill by the failed Democrat economic policies of Jimmy Carter. That's when the "No Gas Today" signs were posted at most filling stations. That ended Jimmy Carter's tour of duty in 1980. The economy recovered under Reagan's trickle down economics and interest rates were lowered. I lived it. That's why Reagan won in a landslide in 1984.