Reply to Which is better capitalism or socialism?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, hope your kids aren't in public school, and I really hope you don't plan on Social Security or Medicare.  Please don't take  unemployment benefits,  or complain  about potholes. Don't engage in anything that has federal funding, please, which includes higher ed, the arts, medical advances from research.

It's all a one sided understanding with you types, but you're the first to complain  about inflation,  right? We have inflation due to corporate gouging- they got bail outs and turned around and took advantage of the system by raising prices. 
. It's not even capitalism we have,  it's a 
system of oligarchy.

Our nation has the very rich, supported by tax cuts and benefits,  but also we have people literally starving on the street and dying from a lack of health  care access.  So is this the question you really want to ask  today?[/quote]

You are confused. Capitalism doesn’t mean don’t pay any taxes at all. Certain socialist services are necessary for a functioning capitalist society. And by the way the wealthiest 50% pay most of the taxes in this country so how is it that the wealthy aren’t paying their fair share. But paying taxes so someone’s student debt can be canceled when they alone agreed to their loan is not what capitalists had in mind (unless you want to buy votes). Or paying for illegal aliens’ health care for that matter. [/quote]

See this is where a compromise could be good.  I don't want to pay off someone's student loans either.  But why can't we have a (gasp) government program where we give interest free loans for behaviors we want to encourage?  Like getting our populace educated.  Maybe even incentivize them to study things we need and want more of like science and tech?

As for healthcare, I know illegals don't qualify for any official healthcare plans, so are you talking about people who go to ERs then skip out on the bill?  Also, I hope you are not Christian because the whole "care for the poor and sick" thing could create some real cognitive dissonance for you.[/quote]

I’m Christian. Capitalism, despite its flaws, has moved more people out of poverty and provided health care to more people worldwide than any economic system ever created. Good thing for you is those weight loss drugs would never have been created without Capitalism and free markets.[/quote]

Those drugs would absolutely have been created...but what's interesting is that you are fine with a Danish company (Novo Nordisk) extracting massive profits by selling those drugs in the US at prices that are probably 50x what they are allowed to sell in Denmark.

I don't think there should be price controls on drugs...but there should be Most Favored Nation pricing which is very common in many industries.  Basically, you either sell the drug for the same price to everyone, or you need to sell the drug for the lowest price that you are willing to sell it in any other 1st world country (we will exempt 2nd and 3rd world countries).[/quote]

Without capitalism many life saving drugs would never have been developed. And they sure aren’t free to develop especially when 9 in 10 drugs in clinical development never make it past the FDA. Those costs have to be absorbed somewhere.[/quote]

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