I think it's about damn time the country admits it: there are advantages and disadvantages to both capialism and communism. It isn't an either/or thing; it's incorporating both into our culture.
Look at the computers and cell phones we use. Those are innovations of capitalism. Capitalists, in competition with each other, are constantly trying to make the next computer faster, the next phone more covenient, the next car more comfortable just so they can keep up with their competition who are doing the same thing. Yes, good, competitive capitalism pushes innovation.
But there are plenty of fields where completely unregulated capitalism has led to disaster and we don't really get anything for an added investment. Look at the banking system we have where all that innovation is being used to find more creative ways to screw us over. Look at our healthcare system that used innovation of capitalism to find creative reasons to deny coverage to people when they need it. Look at defense contractors who are finding creative ways to put their product to use (no matter how many people have to get killed for it).
So, my proposal is that most industries are well regulated by the government whose basic job is to protect the public. They should also have a government/public option for many of these services, to set the bar for the private sector to meet if they want to stay competitive.
Look at the computers and cell phones we use. Those are innovations of capitalism. Capitalists, in competition with each other, are constantly trying to make the next computer faster, the next phone more covenient, the next car more comfortable just so they can keep up with their competition who are doing the same thing. Yes, good, competitive capitalism pushes innovation.
But there are plenty of fields where completely unregulated capitalism has led to disaster and we don't really get anything for an added investment. Look at the banking system we have where all that innovation is being used to find more creative ways to screw us over. Look at our healthcare system that used innovation of capitalism to find creative reasons to deny coverage to people when they need it. Look at defense contractors who are finding creative ways to put their product to use (no matter how many people have to get killed for it).
So, my proposal is that most industries are well regulated by the government whose basic job is to protect the public. They should also have a government/public option for many of these services, to set the bar for the private sector to meet if they want to stay competitive.
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"If you cling to something as the absolute truth and you are caught in it, when the truth comes in person to knock on your door you will refuse to let it in." ~ Siddhartha Gautama
"If you cling to something as the absolute truth and you are caught in it, when the truth comes in person to knock on your door you will refuse to let it in." ~ Siddhartha Gautama