In Ursula K. Le Guin's famous novel The Dispossessed (1974), we see (perhaps intentionally, perhaps unintentionally) one flaw with anarchosocialism -- it handles logistical issues poorly, due to its refusal to engage in trading in the market to establish the relative values of resources. (Here's my old and perhaps unreasonably-hostile review of
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Some of them use condoms.
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They have not paid my last bill, even though I SEVERELY write down these bills to a level that barely makes sense for me to even work at.
The last two times I showed up when scheduled they were not there to open the doors when I arrived at the agreed-upon time.
Then they had a volunteer come in to use the computer I was supposed to be using.
In short, they're fuck-ups. I have PLENTY of accounting work. I don't need to go work for fuck-ups who don't pay me.
So I blew them off this morning and am reading LJ instead and listening to people marvel about how badly they could use accountants.
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The banks drove this country to near collapse with their unregulated greed. And when that wasn't enough, they took our taxmoney. And they want to keep on doing business as usual and keep screwing Americans as they have been for years. And ordinary Americans are screaming enough all across the nation. Americans as red blooded and nation-loving as you and I who are fed up with the Zaibatsus crapping on this country and its citizens.
You do them a grave disservice to call them all "Socialists" for demanding accountability on the part of these unelected CEOs who think they run the country and can do whatever they like without consequence.
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He's calling them this, rightly so, based on the little mini-government they've got set up in their mini-country in Zucotti Park.
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There's a lot wrong with your second paragraph. Starting with "unregulated". The banking industry in the US is one of the most heavily regulated industries in the history of mankind. There was never any "deregulation". At all. Ever. There was some "dumbregulation", where strong protections against systemic risk were replaced by regulations intended to generate "social justice", but that's not the same thing at all. "Deregulation" would imply less regulation, and that never happened. Nor was it the banks that drove us to bankruptcy, that was the government, first in the creation of the mortgage bubble through fannie and freddie, second through massive deficit spending on social programs. It isn't the banks that created the national debt.
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How exactly was the repeal of Glass-Steagall meant to generate social justice?
>>It isn't the banks that created the national debt.<<
And it wasn't the government that created the massive speculation and derivatives packages that built a big needle to poke the debt bubble.
It was, however, the government that offered up the bailouts. I'm perfectly happy with the idea that we should've let capitalism run its course here and let those banks go under.
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