User blog comment:Centrist16/SOMETHING EVERYONE MUST KNOW/@comment-1267731-20150809115222/@comment-3398633-20150815183341

The current interest rates on tutitions don't seem to be unreasonable to me. Tutitions are still loans, loans which the banks want back. You don't get too complain about your mortage interest rate because you agreed to pay it in exchange for the money you used to buy your house. The same is true of student loans. They are loans from the bank which you agree to pay a specified interest rate on. It isn't like these students are going into these deals unaware. They know how much they'd owe in the end, and unless your parents saved up for your education before or when you were born, it is a certainty that you'll be paying through the nose the moment you leave college. Saying "we should lower interest rates for students" is as dumb as saying "we should lower interest rates for homeowners because of foeclosure". Tough. A student loan, like any loan, is a risk, a risk you willingly take up with the hope that the benefits will outweigh or repay the costs. If you can't pay the loan back, don't get the loan. That's basic economics. That's why socialists don't know what their talking about, and shouldn't be allowed to handle the economy. And please don't get snippy with me Sunkist.

Now, for you fellow Comrade Fallout. The economy and money are indeed constructs of society. But they serve a purpose. No person wants to work for nothing, and they want things that they don't have. The economy supplies goods, and money serves as a medium for the exchange of goods. In your communist society, how will goods be acquired? No doubt your socialist brethren are going to want things they don't have, since they are still human(ish). They can't just grab the stuff they want without have contributed to their society in some manner. "Each according to his contribution" remember? So once he's worked his behind off for the state, how will he be rewarded for his services? How will others know he has contributed his labor to state? An IOU saying "Thank you"? Forget all of that. If you "abolish" the market, where will the goods come from? If I want a Jaguar F-type R, but there are no suppliers because the market has been "abolished", where do I get from? Wait no, that's a want, not a need. I only get what I need. So I'm basically some drone who labors for the state in exchange for my daily 2,500 calories, overalls, and state-provided residential housing.

Your dream state is built around the asinine belief that humans will willingly give up their wants and desires for "equality". How can my needs be met if there is no market? How can I provide a gift if I have no medium of exchange to provide it in? That system only works in pre-industrial societies like the Inca and the Native Americans. And look! Their gone! Where is the glorious Inca Empire and its socialist-style economy? Gone! Crushed by the market-based Spanish Empire! And those Native Americans and their liberal societies? Pounded into dust by the capitalistic iron horses of the United States! The Inca had no money, but they paid in forced labor and goods produced at home. The Native Americans all had a system in which everyone did something, and contributed to their tribe in some manner. However, developed states all created currencies and market-based economies. Every single advanced society on earth in the last 6,000 years of recorded history. Period. You cannot get rid of the economy Fallout. Ever. It's a part of human nature. THis is why I can't take communist or socialists seriously. They think that the entire human population can or will effectively share all its resources to end poverty, hunger and strife out of the kindness of their hearts.