Capitalism Kills Nearly 1 Million Americans Per Year

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166. You have to cite a country with a sustained and successful socialist...

Last edited Tue Jan 3, 2023, 01:08 PM - Edit history (2)

system before you can say socialism is the answer. And the answer is there has never been a sustained and successful socialist economy where the state owns the means of production and doles out goods in the classic socialist manner — from each according to his ability, to each according to his needs.

It's never happened and I doubt it ever will because it goes against human nature which has from earliest times developed trading/bartering systems which are really rudimental forms of capitalism — I nave something you need, you have something I need. Let's make a deal.

And that developed into people specializing in producing what they were good at and learning to make a profit from producing things more and more efficiently so they could be sold at more than they cost to produce.

That sort of natural incentive may be suppressed for a time, even for decades, in a system where a strongman/state takes over the means of production but it is always eventually overthrown as the profit motive persists.

The most successful economies are a mixture or profit motive (regulated capitalism to control greed) and a strong social safety net of benefits to citizens (socialism).

Now we're talking once we get to that sweet spot.