Just like chomsky said it in the corporation documentary, some institutions do a much effective job if they operate at a loss. For the simple reason that those

Just like chomsky said it in the corporation documentary, some institutions do a much effective job if they operate at a loss. For the simple reason that those insitution makes sure the whole country benefits from them. Often profit will bring more destruction. Profit driven economy is important for competition, it applies for many market, like luxury, automobile, housing, furniture, etc, and it's also important when the government need to make expenses: they will buy from the company who offer a good service at a fair price. That's where capitalism fails. Capitalism doesn't directly make the poor wealthier, but if you make programs that help the poor, it will always have benefits to the rich. That's what I don't understand when the wealthy wants the poor to not be given aid: it might increase the wealthy's relative wealth, but not their absolute wealth. I think the wealthy don't like socialism not because it doesn't reward their effort or their wealth, but because it gives them less decision power in general. Which is stupid, since wealthy people have a career in business, not in politics. I guess it boils down to an inferiority complex. Also don't forget france's budget is mostly financed by the valude added tax, which doesn't exist in the US.