Originally posted by airspoon
A very well done thread, I think everyone here should read it. As far as our current system, I like to call it socio-fascism, incorporating a little of both, which makes it resemble neither. In true capitalism, the markets are free and regulate themselves. The consumer dictates supply and demand. Instead, what we have today is the corporations manipulating and the government regulating the market as to benefit the corporations in its favor. Instead of the consumer deciding the direction of the market, the market, at the hands of those manipulating it, is deciding the direction of the consumer.
I would like to add in true socialism all social services would be available to all without restriction, the greater good of all being the most important aspect. Nobody should starve ever. Nobody should be forced to cut their food budget, or medical care to pay their housing costs. All basic necessities of life should be a community endeavor. All should receive the basic of these services without cost. In my own version of socialism the government would be limited, and the basic services it supplies free to the public unregulated and without cost. When I say basic necessities I mean exactly that. Basic food, housing, medical care. No need to hire massive amounts of government workers to regulate benefits. Rich get free medical as well, free food, and free housing if they so desire. However, most will not want the basic form of housing they will opt to not participate. Some rich will chose government housing to collect more wealth. The choice should be with the individual. If they want gourmet meals they can buy them. If they want a bag of rice and corn they can go pick it up at the government surplus store for free.
Imagine if every government worker actually was bought and paid for by the taxes of transactions. That most government workers were farmers, home builders, and doctors. All education costs for these trades funded by the public. If the system were as I envision it then the taxes to pay for these services and employees are strictly for the benefit of everyone equally, and consumable by everyone without restriction. There would be a surplus of doctors as anyone could become educated as such. It is the only fair way, socialism could work. Of course this means that private business would have to offer a far superior product then the government version to persuade people to spend their money on these luxury services.
Most people would still spend money on basic necessities through private companies. Corner stores would still sell a Snickers bar or a bag of chips, a coke, or a ice cream as these would not be essential food items. Not much would change but the freedom experienced by the average person who is worried they may be homeless next month. Or the family that has to slash their food bill to afford to treat an injured family member. Default credit would become less and less. Like the show Big Brother, people eating "slop" wouldn't want to be on slop if they could afford to obtain better products without sacrificing their ability to live.