Why capitalism needs to be reset in 2020 | FT

[Tooting Carmen]

The difference is our socialism is nationalist

How would you describe Orban's economic policies? In the British media he is described as 'far right' because of his social authoritarianism, yet is he especially right-wing in the economic sense?

[jingorex]

Oh really ? Nope.

is that a dude?

[The Lawspeaker]

is that a dude?

I think you should focus on the article instead.

[jingorex]

I think you should focus on the article instead.

but, is that a dude?

[The Lawspeaker]

but, is that a dude?

In other words: you didn't read the article. The market does not drive progress. The State does.

[Tooting Carmen]

In other words: you didn't read the article. The market does not drive progress. The State does.

More accurately: the market drives progress, but only if properly regulated and guided by the State.

[Blondie]

How would you describe Orban's economic policies?

It works like a mafia, nothing else.

[The Lawspeaker]

More accurately: the market drives progress, but only if properly regulated and guided by the State.

I am perhaps more unkind in my assessment: the biggest driver of innovation - is war.

[jingorex]

In other words: you didn't read the article. The market does not drive progress. The State does.

do you really believe that?

the idea that you must rely on the state to provide you progress is just...sad.

[Tooting Carmen]

I am perhaps more unkind in my assessment: the biggest driver of innovation - is war.

Or the threat of war at least. Certainly, that is how the Pentagon system works - the State finances research and development, and then when a product is ready it is handed over to the private sector to sell and make a profit.