Airlines say they found loose parts in door panels during inspections of Boeing 737 Max 9 jets::Federal investigators are learning more about how a door panel flew off an Alaska Airlines jetliner last week.
Airlines say they found loose parts in door panels during inspections of Boeing 737 Max 9 jets::Federal investigators are learning more about how a door panel flew off an Alaska Airlines jetliner last week.
According to Professor Richard Wolff (economic historian and Marxist economist), capitalism fails on average every 47 years. The late 1800s to the Great Depression was about 50-ish years; the Great Depression to the 70s oil crisis was about 30-40 years (depending on when you start timing it, if post-Depression or during); the Reagan-era 1980s deregulation to 2008 was 30-ish years, 2008 to COVID was 12 years.
Also worth noting that what ended the Great Depression was both FDR’s social democracy-style of politics along with the economic boost that WW2 gave to the US.
The USSR failed for many reasons. One of which is totally their fault, where they didn’t adopt computers early enough. Another big fault, though, is the Cold War, where the US did everything in its power to overthrow Communist idiology wherever possible (see: Korea and Vietnam for extreme examples). That also includes economic sanctions, like we see today with the US and Cuba. When the US sanctions a country, they don’t do as well as when they have the ability to trade. This is because the US is a massive global economic superpower that produces a lot of important things needed to run a society, like medicine, technology, food, etc.
I’m not as well versed in current-day European politics, but do communist countries even exist in modern day Europe? If they do, then they’re probably poorer due to the probable economic sanctions levied by capitalist countries (the US generally forces countries that it trades with to also sanction US state enemies, which includes all countries considering themselves Communist, other than China since China became a massive economic superpower, in part due to the US establishing free trade agreements with Permenant Normal Trade Relations with China). I’m just guessing on this front, though. I also am not as well versed as to the timelines of social democracy on Europe, but I have been seeing more economicly right wing voices in European politics as of late.
Social democracy probably extends that 47 year timeline a bit, but deregulation will usually come at one point or another, since corruption can still exist. Not that Communism doesn’t have corruption issues either, because it definitely does. The issue is centralization of power. Marxist-style Anarchy might be an option, but TBH I’m not well versed enough on that subject to really comment on it or give an opinion on it.
There are no European countries that are communist anymore.
The only communist country that has ever done well economically is China, and that was after they threw away socialist dogma, and allowed capitalism in their economy.
I live in Denmark, which is part of Scandinavia, and we have been using the social democratic model since 1924 when we got a social democratic prime minister, who is also our longest sitting prime minister with 15 years.
Yes we are seeing an unfortunate turn to the right in recent years, as I mentioned before, probably to a large degree because of Immigration from the middle east. Where the right claim they will stop immigration. But probably also because we have seen socialism/communism is a failed model that simply doesn’t work.
Social democracy on the other hand does work pretty well, and is probably the strongest at protecting the population and observing human rigts. But currently people don’t want a humane government, they want the immigration to stop, because it threatens our democracies and economic model with a high degree of social welfare.
100 years is quite a long time to maintain social demcracy.
While the right is using immigration to gain political power, I think if there wasn’t increased immigration, they would find some other way of gaining power. Idk which came first, but a lot of right wing politicians globally are taking notes from the US right (mainly Donald Trump), and the move towards fascism is gaining ground in many places right now, unfortunately. I can only comment on the US, really, but I believe in the US that this is successful due to people having economic hardship, which leads them to have more extreme idiologies (either socialism or fascism).
I hope Denmark will be able to maintain their social democracy and show that fascism is not the way.
Unfortunately, according to Marxist theory, social democracy will inevitably devolve back into straight capitalism, or worse. I hope Denmark can prove it wrong.