• SpaceCowboy@lemmy.ca
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    1 year ago

    Yes things were really bad before Keynesian economic policy was invented. But fortunately they figured that out.

    Since then most famines have been caused by political instability. The largest famine in the world since we figured out economic policy happened in a socialist country (China).

    While socialism is beneficial in some sectors of the economy, historically socialism doesn’t have a reliable track record when it comes to food production and distribution.

    • rhizophonic@lemmy.zip
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      1 year ago

      The Keynesian theory that was enforced by the largest military in the world has arguably failed at this point.

      Free markets don’t exist. It’s just a load of assumptions.

      • StalinistTransition@lemm.ee
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        1 year ago

        Free markets don’t exist. It’s just a load of assumptions.

        also heavy state subsidies

        socialism for the rich, capitalism for the poor

      • AngryCommieKender@lemmy.world
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        1 year ago

        Keynesian economic strategies have never been implemented. We almost did that in 2020, but the rich saw what was happening, namely them losing control, and they stopped the stimulus packages world wide, for the poor. They kept the handouts for themselves

    • StalinistTransition@lemm.ee
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      1 year ago

      The largest famine in the world since we figured out economic policy happened in a socialist country (China).

      are you willfully ignoring the bengal famine or do you just love pretending you’re not a racist piece of shit?

    • Gabu@lemmy.world
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      1 year ago

      'murica alone wastes enough food to feed ALL of their homeless population MORE THAN 10x OVER. Get the fuck out of here with your rightwing rethoric.

    • isles@lemmy.world
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      1 year ago

      Since then most famines have been caused by political instability.

      Like you’re so close. What causes the political instability?