mwilliams8705
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- Apr 4, 2013
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Nope, the idea that an economy could be pure capitalism isn't grounded in reality; all economies are mixed ones. Capitalistic economies with a strong socialized safety net is by far the preferred system, as evidenced in how it has triumphed over all the other ones in the marketplace of ideas. That's why I compared capitalistic economies to communism, not to socialism. Not to mention that everyone is to some extent a socialist, even you.
And under our greatest times of growth were when it was mixed the least. It shouldn't be preferred because costs are finally catching up to us due to over spending in general because of wars and entitlements. There are some things that I agree that are necessary to government which they should handle, mainly roads and defense, which facilitate growth but don't redistribute wealth.
Except utilities are private.While capitalism is broadly the best means by which to run a system, there are numerous cases where that's not the case. Utilities are a good example. We don't want or need private companies running competing sewer lines, roads, etc. Furthermore there are some marketplaces where capitalism simply fails, and health care is one of them.
Medical costs are both extremely high and extremely unpredictable, therefore insurance of some sort is absolutely necessary. Nobody is paying for their brain surgery out of pocket. There are also large disparities in bargaining power information, etc that prevent a free market system from functioning. Sure you can shop around for a doctor's office visit, but if you're bleeding profusely from a gunshot wound you don't have that luxury.
Hence emergencies are usually handled in where it doesn't matter. But even abuse by that happens as people use the ER as the office because they don't want to pay for healthcare.
Are you really so naive as to think that because capitalistic competition works for many things that it would have to work for everything? Absolute silliness.
No, there are some things in government where the government should handle them. Handing out benefits isn't one of them and thinking healthcare is a right isn't one either.