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Are you one of those people who think that regular modern capitalist societies with any kind of social safety net or publicly funded healthcare are communism?
by p1necone 2y ago
Are you one of those people who think that regular modern capitalist societies with any kind of social safety net or publicly funded healthcare are communism?
- WalterBright 2y agoThere's a continuum between free markets and communism. It's not either-or. But the more to the left the economy goes, the less prosperous it is, and there is a point when it comes unglued.
- mikepurvis 2y agoJust be careful that “prosperous” is actually the metric you care about and that you have some sane way of measuring said prosperity as it applies to everyone. For myself as a Canadian, I can see that America is more “prosperous” in the sense that the averages on wealth and income look good, but I’ll take my socialized medicine and higher education thank you very much, not to mention median standard of living numbers.
- WalterBright 2y agoIt's hard to ignore the astounding success of the free market when it's applied. The immigrants to the US were pretty much people with nothing but a suitcase. With the American free market, the country rose from subsistence farming to superpower. Scores of millions of people were lifted out of poverty into the middle class and beyond.