so what is exactly wrong with socialism?

[Warpy]

51. The only thing wrong with socialism is the people who have run it

and have turned themselves into a defacto aristocracy which their children are placed to inherit.

I prefer a messy, mixed economic system with things moving back and forth between public and private as either sphere makes a mess of them. In such a system, health care would already have been moved into the public sphere along with banking, since neither of them could stay honest. An example of something moving back and forth would have been GM, minor government control being exercised over top management until a sizeable loan got paid back.

Capitalism has been fast and very responsive to the changing needs of people. It can be strictly regulated out of its worst problems, the inexorable movement toward monopoly and wealth concentration away from labor. Socialism moves slowly but is the best to guarantee high manpower, low profit human needs like education.

Messy systems have worked well through northwestern Europe. It can also work here. They certainly live longer and better than we do.

We've been educated once again on the evil that deregulated capitalism creates. We have the tools, we just need to dust them off and put them back into practice.