Saturday, May 5, 2012

Two Cows

My wife and I revised the analogy of the two cows:

SOCIALISM
You have two cows, and your neighbor has none. The community votes that you should give one to your neighbor.

COMMUNISM
You have two cows. The state takes both and gives you some milk for the rest of your life.

FASCISM
You have two cows. The state takes both, sells you some milk, and tells you what to think about your cows.

FEUDALISM
Your liege-lord owns you and two cows. You milk them and he graciously lets you keep some of the milk.

CAPITALISM FOR THE ENTREPRENEUR
You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. If all goes well, you sell the herd and retire.

CAPITALISM FOR ABLE-BODIED POOR
You have no cows, so you spend your life milking the entrepreneur's cows for a living. If he pays well, you save up and buy one cow.

CAPITALISM FOR THE LESS FORTUNATE
You have no cows and are unable to get/do paid work, but you are told you are lazy for not milking your cows.

CRONY CAPITALISM
You have two cows, and you sell the milk at a profit. The government gives you ten bulls because you seem promising. Your herd multiplies, and the economy grows. You sell all your cows for a bull-only business model, and your business fails.

CRONY CAPITALISM, PART II
You have two cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. They get sick and die, and the government gives you a new herd.

WELFARE CAPITALISM
As capitalism, but the community votes for the entrepreneur to give some free milk to the less fortunate.


WELFARE STATE
The community votes for the entrepreneur to give free milk to the able-bodied poor.

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