this post was submitted on 25 Nov 2024
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Kind of off topic but when people say "capitalism is evil" it reminds me of the people who say "socialism never works"
The rebuttal is always "well REAL socialism hasn't been tried. Soviet Russia was a bastardization of the system!"
I feel that way about capitalism. America isn't a capitalist system. It's a corrupt oligarchy and that's the issue. If we had REAL capitalism I wouldn't be having this problem. Not saying life would be perfect I'm just saying corruption is the reason I can't afford a doctor, not capitalism.
Option C: capitalism is neither good nor evil, just an economic reactor core that must be properly harnessed to deliver on its promise (market efficiency) and avoid its peril (oligopoly).
The primary means of keeping the reactor core healthy (full-market efficient) is to keep it cool (evenly distributed) by pruning and recirculating capital via taxes. This amounts to redistribution, of course, which many have taken to calling “socialism.” But the reality is both are needed to maintain balance in the people’s economy.
The sooner we realize that, the sooner we can fix the damn reactor core.
Of course it is. Visiting a doctor is cheaper elsewhere. It's the particular mix of regulation, subsidies and market that makes it so bad.