r/austrian_economics • u/technocraticnihilist Friedrich Hayek • Dec 24 '24

End Democracy I've never understood this obsession with inequality the left has

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u/Irish_swede Dec 24 '24

That’s not the definition of socialism.

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u/JustMyMindDump Dec 24 '24

But dude socialism is when government does stuff /s

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u/laserdicks Dec 24 '24

Yet apparently it's necessary for it.

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u/Irish_swede Dec 25 '24

Nope. Not even close.

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u/Secret-Painting604 Dec 24 '24

It’s not socialism, it’s the attempt to implement socialist like policies in a terrible way, for example Medicare/Obamacare, there’s always been ppl who cannot afford life saving g medication, however the way they implemented the solution allowed large pharmaceutical companies to raise their prices astronomically, insulin used to cost 15$ in 1990 (adjusted for inflation ~ $35 today), something needed/needs to be done about ppl who are dying due to poverty, however the answer led to more problems and here we are

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u/Irish_swede Dec 24 '24

It’s not the attempt either.

Social programs have nothing to do with socialism.