Steadfast FinancesFearmongers Preach Socialism, but Love Government Subsidies

Fearmongers Preach Socialism, but Love Government Subsidies

Filed in Politics 4 comments

Perhaps it’s my hatred of politics that prevents me from discussing the hybridized version of socialism and capitalism at work in contemporary U.S. economics, but occasionally, a clever infographic or chart surfaces that explains the hypocrisy of our bureaucracy far better than a 5000 word diatribe ever could.


Source: Environmental Law Institute – Energy Subsidies Favor Fossil Fuels Over Renewables

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Posted by CJ   @   21 July 2010 4 comments
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Jul 22, 2010
12:20 am

I don’t mind socialism, so long as i benefit and others pay for it.

Isn’t that the path we are heading down?

Jul 22, 2010
9:01 am
#2 Matt SF :

I think that’s one of them, yes, and therein lies the danger. But I also think it’s become standard operating protocol to complain about socialism or government (borrow and spend) stimulus while quietly taking whatever handouts the government will give them.

Aug 9, 2010
4:57 am

Socialism just means working for the common good. Capitalism means working to better the individual. However, the mistake is to confuse Totalitarianism with either, which is what most people do no matter what side of the divide they lie.

It’s a really neat chart you have there and just goes to show that not much effort is being put into working for the common good, doesn’t it? (If a definition of that is reduced climate impact by mankind.)

Funnily enough, most folks now (after being under a constant tirade of fear and doubt against the ‘war on terror’) actually believe that the ‘war on terror’ is for the common good (i.e. a minor but expensive conflict against a common enemy).

So it just shows that when a government wants it, it’s quite easy to make the people believe that stuff being done in their name is for the common good.
Which means it should be an easy task to get people focussed into existing harmoniously with our planet, not gobbling it up as fast as we can.

But they don’t seem to be trying very hard from your chart, do they? !!

Aug 9, 2010
8:10 am
#4 Matt SF :

Interest points all around. And no, from the data, what government says vs. what government is actually doing are two completely different things.

The problem, at least as I see it, is that once you extend the government teet to an industry, even the well entrenched carbon producers, those subsidies are basically gone forever. Moreover, a portion of those funds will almost certainly be “re-invested” by private industry as political campaign dollars and lobbyist based funding.

So it’s a positive feedback loop, where the cycle feeds upon itself.

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