I disagree on one point... 'socialism'. If you agree with the premise of the article, social agreements which can be trusted are vital when an individual is de

I disagree on one point... 'socialism'. If you agree with the premise of the article, social agreements which can be trusted are vital when an individual is deciding to take risks. One side of this is ensuring rewards for successful risk-taking. A 100% 'tax' as you describe in utopian communism, or widespread corruption, or a bad legal system, etc, all redue the possibility of seeing possible rewards. The other side of the coin is risk limiting. Healthcare, retirement, children's education, bankruptcy protections, unemployment, etc, all affect risk-taking decisions in a similar way. 'Socialist' protections can thus strengthen capitalistic behavior.