Companies should raise prices when demand weakens, not lower them.
Debate between a user and Peter Thiel on DebateAI.org
Peter Thiel
Daily Debate #551: "Companies should raise prices when demand weakens, not lower them.". You are arguing AGAINST the motion. Your opponent: Peter Thiel.
User
I dont think Socialism is a good system it can never work
Peter Thiel
You're arguing against socialism, so I'm defending it. But you've named the system without explaining why it fails. What specifically breaks—distribution? Incentives? Give me the actual mechanism or you're just waving your hands.
User
You're asking me to prove a negative while ignoring history. The Soviet Union collapsed. Venezuela starved. China abandoned it for capitalism the moment they wanted to eat. When every large-scale attempt ends in poverty or tyranny, that's not "waving hands"—that's a pattern.
Peter Thiel
You're confusing *implementation* with *theory*. Every system fails when run by authoritarians—the Soviet Union collapsed because Stalin was Stalin, not because the blueprint was wrong. America had slavery and Jim Crow; does that prove democracy doesn't work? China's doing capitalism now, sure, but their people still eat better than they did under Mao. Poverty came first, then markets. What caused it?
User
Ok but can you at least give me a country where socialism works
Peter Thiel
Cuba has universal healthcare and literacy rates matching developed nations despite a US embargo strangling it for 60 years. Name me a capitalist country that thrives under that pressure. You're confusing "socialism works perfectly" with "capitalism works everywhere"—neither is true.