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Is Social Democracy good?

Opening Argument

Social democracy is a form of government gaining popularity. One recent politician, Bernie Sanders, wanted to implement this in the US and received considerable support. Here are some links to get an idea on what it is.

http://www.fesdc.org/about/friedrich-ebert-stiftung/
http://socialism.wikia.com/wiki/Social_Democracy

I personally think social democracy is flawed. Raising the minimum wage, extensive use of Reaganomics, affirmative action, etc. are all part of why I think it is flawed. What are your thoughts?
joecavalrynorthsouthkoreamelef
  1. Is it good?

    7 votes
    1. It's mostly bad
      57.14%
    2. It's mostly good
      42.86%

Status: Open Debate

Arguments

  • I believe its flawed due to no moderation of use and excessive use of certain policies and methods.
    1Hacker0northsouthkorea
    DebateIslander and a DebateIsland.com lover. 
  • edited August 21
    Social Democracy is not flaws and executes more naturals rights of people in their governments.
  • CYDdhartaCYDdharta 265 PtsPremium Member
    Premium Member
    To borrow an old adage, it works great ... until you run out of other people's money
    melef
  • @joecavalry Social democracies are prevalent in democratic countries. The democracy is the moderation as people vote for what they want. Guess what, once they experience it people tend to vote for things like free healthcare and not dying in the gutter!

    @CYDdharta

    All countries experience nadirs and peaks of economic policy, but the social democracies correlate very very highly with high standards of living. 
    melef
  • melefmelef 45 Pts
    Social democracy is possibly not good due to certain effects.
  • CYDdhartaCYDdharta 265 PtsPremium Member
    Premium Member

    All countries experience nadirs and peaks of economic policy, but the social democracies correlate very very highly with high standards of living. 
    They haven't run out of other peoples money ... yet
  • CYDdharta said:

    All countries experience nadirs and peaks of economic policy, but the social democracies correlate very very highly with high standards of living. 
    They haven't run out of other peoples money ... yet
    Money isn't a finite resource that disappears when you spend it on things.
  • CYDdhartaCYDdharta 265 PtsPremium Member
    Premium Member
    @AlwaysCorrect Technically true, although the value of that money to buy anything is finite.
  • @CYDdharta

    No, because money doesn't disappear.

    You pay Paul the plumber $10 to fix your pipes. He uses that $10 to buy food from Greg the Grocer. He uses that to pay the government his taxes. The government uses that $10 to pay Norma the Nurse for her job working in a nationally funded hospital. Norma pays you $10 to stop making bad quality posts on the internet because she's really bored of it.

    Money can be spent again and again and again and the velocity of money is an important concept in economics.
  • @CYDdharta

    No, because money doesn't disappear.

    You pay Paul the plumber $10 to fix your pipes. He uses that $10 to buy food from Greg the Grocer. He uses that to pay the government his taxes. The government uses that $10 to pay Norma the Nurse for her job working in a nationally funded hospital. Norma pays you $10 to stop making bad quality posts on the internet because she's really bored of it.

    Money can be spent again and again and again and the velocity of money is an important concept in economics.

    What is money?
    Money is no longer a token representation of a debt.
    Money is now the one uniting god, the one god that is able to sustain some sort of social order. 

    Your exemplar only works if the system represents a continuous cycle of events.
    That is to say, if CYDdharta uses his hush money to pay Paul for his plumbing services.

    But demand is always increasing and the $10 in the system will never be able to sustain demand.
    We cope with demand by establishing social institutions (Stock Markets etc.) that are allowed to give false value to commodities and services and consequently add new money to the system.

    Most money in the system these day, has no actual representative value.
  • CYDdhartaCYDdharta 265 PtsPremium Member
    edited August 24 Premium Member
    @CYDdharta

    No, because money doesn't disappear.

    You pay Paul the plumber $10 to fix your pipes. He uses that $10 to buy food from Greg the Grocer. He uses that to pay the government his taxes. The government uses that $10 to pay Norma the Nurse for her job working in a nationally funded hospital. Norma pays you $10 to stop making bad quality posts on the internet because she's really bored of it.

    Money can be spent again and again and again and the velocity of money is an important concept in economics.
    ... so according to you, we have no need for mints and no need for monetary policy.  What a patently absurd position to take.
  • I'm against social democracy because of the policies it promotes. I'm against raising the minimum wage because of the negative economic impacts it would cause, and I'm against affirmative action because it's the embodiment of racial discrimination. Supporters of affirmative action either believe that Blacks and Hispanics have no chance of competing with Whites and Asians on equal ground, or they believe that whites and Asians are less deserving of an education or job on the basis of their race.
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