Moo
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Thanks for the socialist factoid, Adri.
The reason why I posted Magic Moments by Perry Como on April Fools’ Day is because it’s the most played song on the radio. If you guessed that correctly, then you win a million pounds (which I will pay you after the socialist revolution).
– Citizen of the World
I couldn’t agree with you more.
(. . .)
It’s unbelievable how complicated capitalism is!
To quote the ancient Chinese philosopher, Confucius: ‘Life is simple, but we insist on making it complicated’.
Banana Republic – the Boomtown Rats
It’s about how Ireland is similar to a banana republic.
Definition: A “banana republic” refers to a politically unstable country that is economically dependent on exporting a limited-resource commodity, such as bananas, or other agricultural products. The term is often associated with countries where power is concentrated in the hands of a small elite, and where corruption, exploitation, and manipulation of the economy are common. Historically, the phrase emerged in the early 20th century to describe certain Latin American nations whose economies and politics were heavily influenced by foreign companies, especially in the fruit industry. It carries a negative connotation, implying lack of sovereignty and systemic dysfunction.
Lyrics: https://songmeanings.com/songs/view/3530822107858544506/
– ALB
What do you mean by ‘normal profit’?
Let me get this straight, using a hypothetical situation:
Canada imports apples to the USA & they go on sale for 10 cents an apple. This is the same cost as American (i.e. domestically produced) apples. Canadian apple producers are making the ‘normal profit’ by selling at that price, whereas, American apple producers are not.
After the USA imposes tariffs on apples, the Canadian apple producers import less, therefore, reducing supply & increasing the cost of all apples to 20 cents each, which will enable the American apple producers to make a ‘normal profit’.
Did I get that right?
You’ve lost me in the final paragraph.
‘I mean, we do assume, don’t we, that people establishing the new society, even though it can’t be done until there’s a majority, would be forward-thinking people, who empathise with suffering, hate cruelty and carnage, and want to protect nature.’
I certainly agree with that.
I cannot believe some of my comrades think boxing will still exist in socialism!
Fun fact: Boxing was much safer before boxing gloves were invented. This is because bare-knuckle boxers avoided punching the head, whereas, when they started wearing gloves, they couldn’t stop punching the head (because the gloves cushioned the blow to their fists).
