Reply To: Yellow Vests
I found this article presented an interesting analysis
The Yellow Vests, the Crisis of the Welfare State and Socialism
“The yellow vest movement is essentially calling for a return to the welfare state, and their movement is born of the crisis of the European welfare state in its last strong bastion, France. But the welfare state is (was) an attempt to stabilize capitalism in the highly developed countries, and rather than trying to save it or bring it back, we should call for a new form of socialism.”
The disappointment is the author’s “new form of socialism” is a return to old nationalization.
“The only way to keep the results of economic activity inside the country and available for social services is to nationalize the industries, so that they become public goods, owned collectively and not by private individuals and stockholders. The only way to maintain and pay for the public programs that the population cherishes, is to finance them through state ownership of the means of production and distribution.”