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Compare standard of living of free market capitalist counties with socialist / communist countries. There are very good reasons you let markets choose with min

Compare standard of living of free market capitalist counties with socialist / communist countries. There are very good reasons you let markets choose with minimal government interference. People are going to be greedy in either scenario. But one is government officials having power. The other is regular people.

TheOtherHobbes 4y ago
Have you ever experienced the standard of living in a Scandinavian country? High taxes, but it's much easier to start and run a business, there are numerous unicorns, housing is affordable, locales of all kinds tend to be more pleasant, especially in cities. And no one is bankrupted by health care.
- zozbot234 4y ago
  Scandinavian countries are ranked among the most economically free (i.e. "capitalist"), despite the high taxes. This was not always the case either, it's just how the 1980s "neoliberal revolution" (which was hugely influential throughout the West and arguably the world at large, well beyond the most commonly mentioned UK and US) played out there.
  - analognoise 4y ago
    Dying because insulin is up 1000% in 40 years is the most free capitalism - not what Scandinavia has.
    - zozbot234 4y ago
      Weird then how no one ever dies of starvation because bread is up 1000%. What market would you think of as freer to entry by new upstarts, the one for bread or for insulin?
    - readthenotes1 4y ago
      Insulin is up that much because of regulations that prevent entry by other competitors
    - treeman79 4y ago
      If I was to make a factory to produce insulin. How fast would a “government” agency be after me. That’s the opposite of a Free market.
      - analognoise 4y ago
        The same free market that gave us poisoned meat, is why we have regulations. [https://en.wikipedia.org/wiki/The_Jungle https://en.wikipedia.org/wiki/The_Jungle] It's either bad bad regulations or... capitalism's evil drive for profit over life. So it costs more here where we don't have nationalized healthcare than anywhere else, and we don't live as long. Hmm...

TheOtherHobbes 4y ago

Have you ever experienced the standard of living in a Scandinavian country? High taxes, but it's much easier to start and run a business, there are numerous unicorns, housing is affordable, locales of all kinds tend to be more pleasant, especially in cities. And no one is bankrupted by health care.

zozbot234 4y ago
Scandinavian countries are ranked among the most economically free (i.e. "capitalist"), despite the high taxes. This was not always the case either, it's just how the 1980s "neoliberal revolution" (which was hugely influential throughout the West and arguably the world at large, well beyond the most commonly mentioned UK and US) played out there.
- analognoise 4y ago
  Dying because insulin is up 1000% in 40 years is the most free capitalism - not what Scandinavia has.
  - zozbot234 4y ago
    Weird then how no one ever dies of starvation because bread is up 1000%. What market would you think of as freer to entry by new upstarts, the one for bread or for insulin?
  - readthenotes1 4y ago
    Insulin is up that much because of regulations that prevent entry by other competitors
  - treeman79 4y ago
    If I was to make a factory to produce insulin. How fast would a “government” agency be after me. That’s the opposite of a Free market.
    - analognoise 4y ago
      The same free market that gave us poisoned meat, is why we have regulations. [https://en.wikipedia.org/wiki/The_Jungle https://en.wikipedia.org/wiki/The_Jungle] It's either bad bad regulations or... capitalism's evil drive for profit over life. So it costs more here where we don't have nationalized healthcare than anywhere else, and we don't live as long. Hmm...