These labels are getting tiresome. There is not a single socialist state on earth today. It's completely out of the question that the US would ever become such

These labels are getting tiresome. There is not a single socialist state on earth today. It's completely out of the question that the US would ever become such a thing. The often-cited examples of Scandinavia are capitalistic through and through: It's private enterprises deciding prices, creating products, and generally competing. That they levy rather high taxes and use them to soften some of the edges of that system's outcomes does in almost no way affect the dynamics within the system. If you're a baker, and your bread isn't good, you still fail and society will be spared suffering your products. You just don't starve.