I'm too tired to write an essay or whatever
Is Socialism the answer
- Thread starter Khaemwaset
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Read gaddafis green book it’s an interesting read.
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The caliphate is the answer
A mixed socialist- capitalist economy. Taking the best aspects of both systems is the answer.
Capitalism for economic growth, entrepreneurship/innovations, free trade and socialism for redistribution of wealth, public services, and regulation.
Somalia during the Kacaan in the 1970s was trending in that direction much like the Nordic country's who all aspired to be socialists in the 1960-70s and developed into mixed socialist-capitalist country's in the end.
Capitalism for economic growth, entrepreneurship/innovations, free trade and socialism for redistribution of wealth, public services, and regulation.
Somalia during the Kacaan in the 1970s was trending in that direction much like the Nordic country's who all aspired to be socialists in the 1960-70s and developed into mixed socialist-capitalist country's in the end.
Basically a new system for Somalia.
Islam with our economics based on the best of Socialism and Capitalism. This would be best.
NordicSomali
VIP
Market economy with a somewhat generous welfare state is the best. This is the Nordic Model.
Somalis live up to the IQ test.
Then you got Some Somali that want to follow the american model, even though our current government was based and made by Americans and look at us now
Somalia would be more similar to Oman with its own twist, especially since the oil discovery in the 1980s.
I spoke about before the socialist revolutionary influences in Oman that shaped it to be what it is today:
All Somalia needs was to be left alone, we had many groups that could've changed the trajectory of Somalia but they were all shot down by foriegners. Our biggest enemy is the foriegners walahi. The only reason they can force their will on is because we're too divided.
I don't look to foreigners, I put full blame on the rebel groups/factions btw I do believe that pan somalism was purposely destroyed before it could bloom, by foreign interference.
Till this day no president can say he did better or was respected more then barre and I'm not a kacaanist it's the objective truth we are a un colony and don't even have a centralised government
I was convinced it was not the answer for a long time, no to mention the down right downtrodden private lives (social) socialists tend to lead, but economic socialism is very interesting to me at the moment, and I am still reading into it.
I think the shallow assessments many of us tend to make of the track record of countries that adopted socialist economies in the late 20th century, in contrast to countries that adopted capitalists economies, tends to be the crutch that stops us dead in our tracks.
For example, Taiwan and Singapore are often hailed as a triumph of capitalism, but this is mistaken, if not plain lies by those in the "Free markets camp".
If Singapore, much less Taiwan, was sanctioned and embargoed by a block of states, reducing its ability to import vital goods an island population counts on. It would result in a catastrophic loss of life, let alone a functioning economy. After all, Taiwan and Singapore are not known for their raw material export industries, they are closed islands that rely on the mass import of goods and their exports are entirely niche commodities; micro processors etc.
In short, both Singapore and especially Taiwan were projects that were entirely subsidised by the United states and other countries that formed this block led by the US, while at the same time these same block of countries crippled by way of sanctions and embargoes, socialist countries.
Mosaddeqh's Iran and Castro's Cuba are the symmetrical opposites of this point I am making. Mosaddegh was a democratic socialist to his core and his chief concern was a democratic Iran. After nationalising Anglo-Persian Oil Company, which was robbing the Iranians blind by giving them just 20% of the cut.
Of course, the British felt slighted, who were in a economic block with the US. In turn US would start a series of regime changes in Iran, with miserable results. Iran was cut of from all markets, embargoed and sanctioned from the start. Same thing with Cuba, but only worse.
In short there is no "Open free markets" and John Adams "invisible hand", a self correcting mechanism built into open markets to reallocate capital, is nowhere to be seen. Even within the United states economy, this mechanism would have corrected the 2008 crisis, but the architects were rewarded with bailouts, and were declared to be "too big to fail", there are no "Open and free markets".
I stress this point because its the point that economists/Libertarians such as Friedman, Sowell like to use the most, that "Capitalism is a free and open market place of ideas". Which is what appealed to me the most, its not.
I think the shallow assessments many of us tend to make of the track record of countries that adopted socialist economies in the late 20th century, in contrast to countries that adopted capitalists economies, tends to be the crutch that stops us dead in our tracks.
For example, Taiwan and Singapore are often hailed as a triumph of capitalism, but this is mistaken, if not plain lies by those in the "Free markets camp".
If Singapore, much less Taiwan, was sanctioned and embargoed by a block of states, reducing its ability to import vital goods an island population counts on. It would result in a catastrophic loss of life, let alone a functioning economy. After all, Taiwan and Singapore are not known for their raw material export industries, they are closed islands that rely on the mass import of goods and their exports are entirely niche commodities; micro processors etc.
In short, both Singapore and especially Taiwan were projects that were entirely subsidised by the United states and other countries that formed this block led by the US, while at the same time these same block of countries crippled by way of sanctions and embargoes, socialist countries.
Mosaddeqh's Iran and Castro's Cuba are the symmetrical opposites of this point I am making. Mosaddegh was a democratic socialist to his core and his chief concern was a democratic Iran. After nationalising Anglo-Persian Oil Company, which was robbing the Iranians blind by giving them just 20% of the cut.
Of course, the British felt slighted, who were in a economic block with the US. In turn US would start a series of regime changes in Iran, with miserable results. Iran was cut of from all markets, embargoed and sanctioned from the start. Same thing with Cuba, but only worse.
In short there is no "Open free markets" and John Adams "invisible hand", a self correcting mechanism built into open markets to reallocate capital, is nowhere to be seen. Even within the United states economy, this mechanism would have corrected the 2008 crisis, but the architects were rewarded with bailouts, and were declared to be "too big to fail", there are no "Open and free markets".
I stress this point because its the point that economists/Libertarians such as Friedman, Sowell like to use the most, that "Capitalism is a free and open market place of ideas". Which is what appealed to me the most, its not.
The biggest hindrance has always been unjustified foreign interference and conflict. It's no joke or exaggeration.
Take for example the economic developments i described happening in Somalia the last few years thanks in large parts to the private sector:
What prevented this from happening sooner was not just security/stability but sactions on major Somali enterprises and financial services, by the US without any real evidence of it going to fund terrorism. Many hundreds of millions of dollars of Somali peoples money was frozen in the process.
US lifts sanctions on Somali remittance company Al Barakat
BY:EASTAFRICAN The US government has officially lifted sanctions on a Somali group of companies that had been accused of sponsoring terrorism activities. Al-Barakat, a conglomeration of firms that dealt in informal money transfer services known as hawala and also dealt in logistics, telecom and...
www.horndiplomat.com
Freeing it up in 2020 led to everything from delivery of financial services/banking, telecom, software development, media, power/electricity, real estate, markets and construction, schools/universities and hospitals being built and paying back millions of freezed assets and re-investing it into development.
The Man Who Modernized Somalia’s Economy
As a boy, he loved school and herding animals. As a young man, he became a businessman; and as a businessman, through a personal will, he revolutionized an entire industry and became a national pil…
somaliainvestor.so
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Indeed, the only correct answer for a believing Muslim.
Only Islam is the answer and what it entails.
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