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RE: Part 1. Socialism and capitalism, but where the golden middle?

in #steemit8 years ago (edited)

it seems, some of the critical questions are, what is the weakness that makes free markets so susceptible to subversion by crony socialism, crony crapitalism, and overgrowth of authoritarian and totalitarian big government in general? more precisely, i think, but not limited to, what aspect of the human dynamic is incompatible with the function of "isms"? the function of "isms" can change, the human dynamic, will not. economic behavior modification, or coercion of any sort, will only, inevitably lead to error and consequently, to collapse. free markets, until they seem to inevitably succumb to this subversion, at least produce the most prosperity. politically planned economies, with their inbuilt inefficiencies, can never work as well as a free market for producing innovation. Which is better, great disparity, where half are wealthy, or no disparity where everyone is poor and so poor that many just die? The idea should be to grow the total prosperity, as much as possible, so that the people who eat out of trash cans have something there to eat, instead of everyone going hungry and calling it equality, because no one can even eat out of the trash, because there is nothing to throw away.

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Thank you for your confidence and your positive feedback, I like what you said. Thank you again. I agree with you that socialism Pol Pot was terrible, but there were countries with a human face.

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