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> In fact, you cannot have a success with socialism without a large number of wealthy (or well-off) people to tax, and a society cannot tax itself to prosperity
by mahranch 10y ago
> In fact, you cannot have a success with socialism without a large number of wealthy (or well-off) people to tax, and a society cannot tax itself to prosperity.
And you can't have success with capitalism without a healthy and prosperous working/poor middle class to be your consumers.
I'm thinking of democratic socialism. It's capitalism with a heavy emphasis on welfare and super strong social safety nets.
If you look at the quality of life index (the "where-to-be-born" index), you'll see that the top 10 countries all employ a form of democratic socialism. That's saying something right there.