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You may not like capitalism, but it is an indisputable fact that capitalist societies have higher standards of living, including for the poor, than societies th
by twblalock 10y ago
You may not like capitalism, but it is an indisputable fact that capitalist societies have higher standards of living, including for the poor, than societies that use any other economic system. By that standard, it's more successful than any other system, and hardly a failure, despite what other problems is has.
By the way, the problems you describe about insurance (I assume you mean health insurance) and the high cost of education are not characteristics of most capitalist economies. The United States is an outlier in those areas. Plenty of other capitalist countries have universal health care and free education. Plenty of others have universal health care and non-free education. Only the US has the double-whammy of expensive health care and expensive education.
- perseusprime11 10y agoHow does Universal Health care and Free education play into the principles of capitalism?