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“When you go to your public library, when you call your Fire Department or the Police Department, what do you think you’re calling? These are socialist institutions.”
originally posted by: Baddogma
Oh nos ... society making sure we have safety nets, institutions and a watchdog so that successful private enterprise doesn't enslave?! The horror... the horror.
But I think you are picking at definition of terms... when most Europeans and United Statians say "socialism" they are thinking of capitalism with assurances... not a fascistic gulag mixing Stalin and Orwell.
At some point capitalism will have to be anachronistic due to ubiquitous wealth via tech, if nothing else.
Capitalism was/is a handy, quick tool to get to a cooperative, planned society brimming with material wealth, but a tool is what it is, not the goal. It's also making a mess that could end up exterminating us.
I think we're smart enough to pick and chose economic modes and methods ... but pure capitalism is horrible, and pure socialism has never been done, but has potential for hell, too.
Let's hope we find a happy balance between cowboy and borg.
originally posted by: AScrubWhoDied
Because "capitalism" (to big to fail you say??) is really working out for millennials.
originally posted by: XAnarchistX
a reply to: Edumakated
And they wouldn't have those without Capitalism?
originally posted by: Edumakated
originally posted by: XAnarchistX
a reply to: Edumakated
And they wouldn't have those without Capitalism?
No they wouldn't...
Capitalism is what drives innovation and progress.
While there are some people who invent and do things out of passion, it is capitalism (investors) more often than not that brings it to market so the rest of us can enjoy it.