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I'm not sure it's as simple as a binary "communism" vs. "capitalism" - at least in the context of feasible political proposals in most Western country, that's l
by geofft 7y ago
I'm not sure it's as simple as a binary "communism" vs. "capitalism" - at least in the context of feasible political proposals in most Western country, that's less often the debate than the strength of the welfare state and the amount of market regulation. Do we have stats on how wealth inequality relates to such things?
There's also the question of what the shape of the distribution looks like - for instance, would you prefer a country where 90% of the country has no savings and 10% has more money than they need, or one where 95% of the country has two months worth of savings and 5% of the country has more money than they need?