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by lovich 3289 days ago
Why would you discourage labor with higher taxes than investments? That argument cuts both ways
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Without capital companies go bust unless you think that Stalinist central planning is a good system
Stalinist central planning is actually Leninist, and it still has capital, just not private property in it (and, consequently, a different way of allocating it.)

Without capital, a productive effort fails under Stalinism, too.