- Apr 1, 2011
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Capitalism, left to itself, always eats itself, like democracy. It's also not the answer to every problem facing society.You make a good argument. Many view the free markets handling of the healthcare system as abusive, inefficient, and ineffective to the point where government intervention was needed. During the time of the constitution our infrastructure didn't include many of the elements in our current economy so it is up to our democracy to decide who should be in control of taking care of the health needs of our population. I'd prefer the free market however, they messed up. I fear our banking system and wall street heading down the same path with the financial sector and I can only hope they get their shit together. You can't simply blame liberals or democrats for the increasing size of government... There is cause and effect. If the private sector can build trust and show responsibility then perhaps we can start shrinking government and move back towards a more capitalistic free market system.People seem to see some socialist national endeavors as desirable but they don't need the whole nation to go socialistic, only some programs. That may be why so many nations have a mixed economic system, some socialism and some capitalism. It does not have to be all or nothing.
There is no way to have a "mixed economic system" of both socialism and capitalism.... not "free market" capitalism, anyway. Free market economics relies upon individual freedom to purchase and sell according to values determined by supply and demand. Socialism is invasive to that process. Just the presence of socialism in a free market system, kills the free market aspect and the system becomes a socialist-capitalist one. A socialist-capitalist system is what is known a corporatism or "crony capitalism" and is not anything remotely close to free market capitalism. This is an undesirable system.
We have, in this country, systems that have been established which many people mistakenly consider to be "socialistic" ...like Social Security, the military, police and fire services, etc. This is not Socialism. These are examples of constitutionally-enumerated powers our framers built in to our system because they realized there were certain areas where free market capitalism couldn't handle things effectively.
Note... effectively, not efficiently. Often times, these enumerated things handled collectively by the government are not efficient but they are effective. Free market could be more efficient but not as effective because the incentives are all wrong. There is a reason the framers painstakingly outlined the few things that were to be dealt with collectively and left everything else to free market forces through individual and state freedom.
Bullshit. What you really mean is that the world is full of bootlicking turds like you who can't leave well enough alone.