products of my think like a socialist exercise:
It makes no sense for a government official or employee to make greater than the GDP per capita, since they're being paid with tax dollars.
The only way to drive up the GDP would be to promote citizen investment, and make a tax code that favored everyone making GDP per capita or greater.
Will Powers
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Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. Therefore, it will never work the way it was designed unless you add a ton of capitalism into it. See Denmark or Sweden. The ONLY reason they have recently increased their economic standing is due to their embracement of CAPITALISM. Look that up for yourself if you are simply too uninformed to believe me.
Kristine16
Ever noticed that people that love the idea of Socialism have never worked, paid Taxes, or dont WANT to work?
I say sure for all the people that have worked for the last 30 years get to have it off, you have to pay taxes while I stay home play Skyrim and watch Maury and the women with 8 kids so that I can find out who da daddy is!!
?
"How can socialism ever work, if wealth is created by the individuals who work for less than the worth of their finished product?"
Democratic Socialism has worked quite well in the Scandinavian countries. All three have a higher GDP/capita than the US despite the US being the number one oil producer. Granted, Norway's GDP/capita being above 100,000 can be attributed to their oil production, but they would likely be around Sweden's and Denmark's GDP/capita if they didn't have their oil, which is still higher than ours.
Here's reasons for why single payer healthcare would be good, government-paid college, and a higher minimum wage would be:
A government-paid higher education system would mean more college students. More college students means higher demand for professors and other university positions(job creation). It means more construction jobs to create more universities. It means more business majors because of more students, and thus more businesses and thus more jobs. It means more money will circulate in the economy because former students who just graduated won't have to spend their money on paying off college debt, but other products that will boost the economy better.
Single payer healthcare means higher demand, means more demand for medical professions and more hospitals, thus more construction jobs and professional jobs in the medical field. With people being able to get healthcare free, it means people will no longer have to save money in case they end up being human and having a simple accident that will cause massive hospital bills. Thus that money will circulate through the economy
A higher minimum wage means more people will be able to buy more things, which will offset the costs of labor business people had to give up for paying them more.
In addition, hundreds of economists agree with Bernie Sanders that his policies would improve the economy:
http://www.politicususa.com/2016/01/14/170-economists-bernie-sanders-plan-reform-wall-st-rein-greed.html
http://www.budget.senate.gov/democratic/public/index.cfm/blog?ID=d388e874-ab05-412d-b5ff-266659accef5
http://money.cnn.com/2016/02/08/news/economy/sanders-income-jobs/
James
Oh, come on, man! That requires some heavy duty Arithmetic. It probably involves some decimal points, too. And, we ARE talking about LOTS of whole numbers. Right? There won't be any fractions. Will there? Percentages?
Anonymous
that's not socialist thinking. see: theory of surplus value. in socialism. the workers take the proceeds/profits. the capitalists don't get profits or dividends. they go bye bye.