Is it just me or is this forum overly socialist

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Isn't it all about balance?
You need a little bit of Socialism to make life fairer for everyone.
But you also need to look after No. 1
And no extremes of either.

If I had to do one thing to make things a bit fairer, I would pass a law that says the Boss of a company can only earn 10* the salary of the lowest paid in his company including scams like bonuses & share options.

Other than that, I am probably moderate right wing.
Salary capping feels like it might solve some things, and I agree with the sentiment of fairness - but don't you think it punishes success for entrepreneurial start ups that take a personal risk and make it big? It also discourages large organisations from hiring the best talent who can create wealth and more employment.
In a global organisation, who's the lowest paid worker and what's a good salary where they live ? If I, based in the UK could earn a maximum of 10x the salary of a janitor in a factory in Sierra Leone or India I'd have problems. Why 10x ?
I'm for fair distribution of profits and compensating team success equally from bottom to top of an organisation.
Not disagreeing, but I think its way more complex than an arbitrary 10x.
 
Don't think we've yet had a definition of socialism. From the point of view of at least 50% of the USA population there isn't a single major party in the UK that wouldn't be considered as Socialist.

And don't get me started on `populist'. All that means is that you won the election but I don't like you...
 
What a waste of popcorn this has been. Threads not even been locked...
 
Socialism is an economic and political system. It is an economic theory of social organization. It that the means of making, moving, and trading wealth should be owned or controlled by the workers. This means the money made belongs to the workers who make the products, instead of groups of private owners. People who agree with this type of system are called socialists.

That is all it is, a theory. A theory which does not, and cannot work, there hasn't been a socialist/labor government ever which hasn't rooted the economy of that country.
Take away incentive and reap the consequences.
 
I did a what type of politics are you questionnaire a while back and depending of the subject I was liberal, socialist , conservative, left, right or centre leaning.

Which for me meant pigeonholing peoples views into a specific box is not perhaps an accurate view of peoples opinions. Or maybe I am just plain weird.
 
If I had to do one thing to make things a bit fairer, I would pass a law that says the Boss of a company can only earn 10* the salary of the lowest paid in his company including scams like bonuses & share options.

As long as the lowest paid in the company is obliged to work no less than a tenth of the hours that the boss puts in, while also contributing no less than a tenth of the boss' PAYE and NI, I think we could have ourselves a new law. 👍🏻
 
I think most of us are in the same boat just ordinary working class people who want to get on with things but don't like social injustice.
 
Social Democracy in the UK has some of the positive elements of socialism ie the NHS, free schooling.

But the rampant far-right have pushed back most of the gains that your grand parents fought for decades.

When the bankers destroyed the global economy. British taxpayers saved the British economy. The bankers didn't use a penny of their profits.
In the COVID crisis we are bailing out the mega rich again.
 
Socialism is an economic and political system. It is an economic theory of social organization. It that the means of making, moving, and trading wealth should be owned or controlled by the workers. This means the money made belongs to the workers who make the products, instead of groups of private owners. People who agree with this type of system are called socialists.

That is all it is, a theory. A theory which does not, and cannot work, there hasn't been a socialist/labor government ever which hasn't rooted the economy of that country.
Take away incentive and reap the consequences.
I don't even think that it fits the conditions for a theory. A theory is supported by hard facts and experiments. If it isn't, it is a hypothesis.

But if there is one kind of scientist which isn't a scientist, then it certainly is an economist. There are no economic theories, only economic hypotheses and ideology. Ideologies are for the bonfire.
 

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