Date: Thu, 14 Oct 2004 23:47:51 -0600 Subject: Re: M-INTRO: How does retirement work in socialism? From: tedbell-AT-pseud.pseud > Quoting SKITRAMP-AT-pseud.pseud: > >> >> Today in class we discussed how money cannot grow. Interest that is earned >> on >> money in a bank acount is money that was not distributed fairly to a worker >> who >> labored for more than was paid. >> >> If we took away capitalism and which would not allow money to build interest >> in >> accounts of the capitalist, how does one who is was a laborer retire from >> working. Would he have to rely on his excess money to live out his life. >> It >> just seems that interest on money is a tool that increases cash flow in the >> years of retirement. >> >> >> >> --- from list marxism-intro-AT-lists.village.virginia.edu --- >> > > I would think that looking at what went on in the Soviet Union could give us a > good example of what exactly Socialism would do. Marx teachings are somewhat > bastardized by the USSR but, for retirement the government steps in and takes > over the responsibility. Which in turn caused healthcare to plummet in > standards and alot of people suffered from what is still very poor healthcare > for all ages. > > > > --- from list marxism-intro-AT-lists.village.virginia.edu --- One point that is fairly overlooked when considering a universal health care system is that everyone is covered by some form of medical coverage. In the United States we have the pinnacle of health care but for all of our advancements we have one of the highest infant mortality rates of the industrialized nations. The real tragedy of not having a government sponsored health care is that many people will not have any assistance when they are sick. In other countries like England where there is a universal health care, they may have substandard waiting times for operations or the doctors may have a larger case load for less money but everyone receives equal treatment. --- from list marxism-intro-AT-lists.village.virginia.edu ---
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