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re: What is your definition of socialism? And why or why not is it an effective system?
Posted on 1/16/21 at 7:12 pm to PacMan01
Posted on 1/16/21 at 7:12 pm to PacMan01
quote:
Leftist here. I’m a long-time lurker, but I like to learn more about the perspective on the opposite aisle.
Answer this, OP...
Why do you think economic transactions should be involuntary?
Capitalism - competitive capitalism (not the cronyism we have now) is a voluntary exchange between willing parties.
It's literally the most moral form of structuring an economy in human history.
Is it perfect? No, because dumb people make bad choices. But those are THEIR choices.
Empirical evidence is crystal clear. Nowhere in human history has any system of economics created more wealth for the average poor person than capitalism.
Ever seen a Ugandan loot a Walmart to steal big screen TVs and live streaming it on their iPhone? No, you haven't.
This post was edited on 1/16/21 at 7:13 pm
1
Posted on 1/16/21 at 7:44 pm to BiteMe2020
Thanks for answering and I mostly agree with this answer. I don’t think this country is practicing free-market capitalism in actuality but crony capitalism for the poor and socialism for the wealthy. I respect that you admit its not perfect either. Too many people get defensive and assert its perfect in every manner. I don’t think any system is “perfect”, and there’s always going to be flaws.
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