Reddit Reddit reviews The Vampire Economy: Doing Business under Fascism (LvMI)

We found 4 Reddit comments about The Vampire Economy: Doing Business under Fascism (LvMI). Here are the top ones, ranked by their Reddit score.

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The Vampire Economy: Doing Business under Fascism (LvMI)
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4 Reddit comments about The Vampire Economy: Doing Business under Fascism (LvMI):

u/jpeek · 2 pointsr/CapitalismVSocialism

We need to first define it. Maybe I'm wrong here, but for me Fascism is control of the economy like it's the military. Complete dictation by the central government. Marching orders are handed down and little to no control is given to those down the line.

It appears to work, but it can't last. I highly recommend reading Vampire Economy. It goes in depth on doing business in Germany under Fascism.

So why does it work for a while, but not in the long run? Savings. Let's say that the government take over all business. One story, I'm recalling from memory, was about a business owner who had to give up control. The government wanted to produce more widgets. They noticed that there was a whole machine sitting idle. They say, well we can start producing a lot more if we spin this up. The business owner was saving that incase another machine needed to be taken down for repairs, it was his backup. The government instead decided it wasn't worth sitting idle. But instead of maintaining a constant flow of goods and when the machines started breaking down, they had no fall back.

It's things like this that a central authority will always fail to understand. They have no idea how to run a business. Dictating that X must happen has costs to it. They don't have to bear the costs so they will force it to happen, not realizing that they are destroying their productive capacity in the process.

Once you start depleting the productive capacity of the economy, it becomes a lot harder for people to save. Without savings no investment can happen. With no investment, no advances or new forms of production.

u/PerfectSociety · 1 pointr/CapitalismVSocialism

> If you can't accept reality, just because it's dark, you make reality your enemy.

Your understanding of reality is one in which North Korea is a Democratic Republic. So yeah, I'm fine with rejecting it. Because it's objectively false.

> Yes, they did. Read up: https://www.amazon.com/Vampire-Economy-Doing-Business-Fascism-ebook/dp/B0052YQ1CK

Nope. Again, it confirms what I said earlier.

> Democracy is collectivist, and collectivism essentially is socialism.

Syllogistic Fallacy.

> Socialism without collectivism is incomprehensible.

Argument from Incredulity Fallacy.

u/martinlinsky · 1 pointr/Anarcho_Capitalism

I'll forgive you for not understanding capital consumption in a war-economy.

https://www.amazon.com/Vampire-Economy-Doing-Business-Fascism-ebook/dp/B0052YQ1CK

u/Anenome5 · 0 pointsr/CapitalismVSocialism

> No, they weren't.

If you can't accept reality, just because it's dark, you make reality your enemy.

> The Nazis did not have a planned economy.

Yes, they did. Read up:

https://www.amazon.com/Vampire-Economy-Doing-Business-Fascism-ebook/dp/B0052YQ1CK

>>democracy is socialistic as well

>No, it's not. You have to truly be a lost cause to believe that.

Democracy is collectivist, and collectivism essentially is socialism. Socialism without collectivism is incomprehensible.