Saudi Arabia may go broke.

[Betonov]

Socialism works with a free economy in a infrastructure advanced nation.

Communism can never work. It goes agaisnt the human nature.

[Sailor Steve]

My feeling is that true communism and true democracy are flip sides of the same coin, and that neither can work in anything other than a very small community.

I'm probably wrong, though.

[ikalugin]

In my opinion it could work should there be such abundance of resources, that human input would be only creative thought and consumption related.

[Betonov]

I don't trust communism.
Too much living as one in a community where one takes care of eachother and we all know one another. I don't want to know one another. I want to close myself off with a good movie now and then without someone koncking on my door going : hello comrade, what a nice day for being a part of the community.

I like the socialist idea though. I rahter pay a bit more taxes and am unburdened by healthcare, roads, education....
I want my free hours to be free.

[Rockstar]

Originally Posted by ikalugin

In my opinion it could work should there be such abundance of resources, that human input would be only creative thought and consumption related.

Meh, There is still going to have to be a class of laborors destined to sweat and toil to produce and exploit those abundant resources for the lazy fat arsed creative thinkers who just sit around dreaming up uselss crap for the other guy to do. History has proven it eventually leads to jealousies which leads to rebellion which leads to the lazy arse royalty to loose their heads.

[ikalugin]

Those labourers would not be human or even organic.

[August]

Originally Posted by ikalugin

Those labourers would not be human or even organic.

Then what about the hordes of now unemployed laborers?

[ikalugin]

Those get employement in services sector, doing all the "usefull" stuff related to creative activities/arts/what not. Those who cannot be asked to work, they just live of benefits.

A small percentage does something actually usefull.

[Admiral Halsey]

Originally Posted by Oberon

Since we've yet to see true examples of either then it's hard to say.

Hasn't France been run by the Socialist party a couple times?

[Platapus]

Originally Posted by ikalugin

Implying that there is any degree of communism or even socialism in PRC.

Originally Posted by Oberon

Well, it's not exactly a democracy either.

Interestingly, China defines itself, in their constitution, as a "Democratic Dictatorship". Now that's an interesting term.

[kraznyi_oktjabr]

Originally Posted by ikalugin

Those get employement in services sector, doing all the "usefull" stuff related to creative activities/arts/what not. Those who cannot be asked to work, they just live of benefits.

A small percentage does something actually usefull.

In other words form a really big circle, hand out many toilet paper rolls and start wiping...

[mapuc]

And I who thought their bank account was overfilled with billions and billions of dollars from all this oil.

http://www.independent.co.uk/news/wo...-a6706821.html

Saudi Arabia’s cash reserves are in free-fall and the country could have only five years of financial assets remaining due in large part to the fall in oil prices, according to a report by the International Monetary Fund (IMF).

Markus

[vienna]

Couldn't happen to a nicer bunch of guys...


<O>

[Betonov]

They can always melt their Lamborginis into gold bars

[Dowly]

Originally Posted by Betonov

They can always melt their Lamborginis into gold bars

This guy got the right idea.


Unfortunately, it was just yellow paint and not gold as he soon found out.