You've fallen into the Progressive trap. The mindset that feels that all things can be managed, by the Government no less, with better results. It's a false premise.
I believe that rational people could in fact manage things well and build profit motives and rewards for productive and rational action into their society. The problem is that humans are currently still primitive and self-destructive when it comes to their philosophy. It's a false premise in the sense that humans are, perhaps, inherently irrational with many having low IQs and being stupid.
To your way of thinking we have too little micro-management by government and to my way of thinking we have too much. We already have a mixture of both socialism and capitalism and have had for a long time. You feel that you'll be better off with a more Socialistic form of government but history proves otherwise.
I think some things are best handled by the government and some better handled by the market. Health care, roads, and utility infrastructure (sewers, electric wire) are things which are not really good market entities. People do not have a choice about whether or not they can go without health care and it is a non-transparent good; it's hard to shop around for it and know exactly what you are purchasing nor can people shop for it when they are in immediate need of it. Roads are build on non-fungible land and often require someone to literally seize another person's land by force in order to have the most efficient path from point A to point B. There is not such thing as real competition between roads in these regards nor would it be economically efficient. (The same goes for utility infrastructure and other things that cross land.)
What we are seeing today is that history is proving that we have too many capitalist elements in the wrong areas and not enough socialist elements (regulation of banks and securities, international trade, higher education, immigration).
To hear some people tell it, pure capitalism would be the ideal and would result in widespread prosperity and freedom for everyone just like some sort of a John Galt-like Atlantis fantasy land.
Contrary to what you've been taught, a purely Socialist from of government saps the incentive from people. It stifles innovation and fosters sameness. It eventually collapses because it cannot sustain itself. The incentive to better oneself is quashed.
What if a mixed economy or even a socialist economy were designed to maintain a profit motive and incentives for innovation--you receive more wealth based on how hard you work and how much you contribute?
I agree that certainly that is a concern. However it isn't as though pure Capitalism doesn't have its own tremendous problems, such as massive inefficiency in the delivery of health care and other goods and services that are not very amenable to perfect competition. Our challenge is to figure out in what areas and to what extent mixtures of socialism and capitalism make sense.
Our hybrid form of government we have right now is near collapse in part because of the demands our socialistic ways have put on it, not because of the capitalistic elements. We're in the situation we're in to a great degree due to deregulation of capitalism that should never have occurred.
Isn't the term "regulation of capitalism" (and thus "deregulation of capitalism") a contradiction? How is it capitalism if it is deregulated? What you seem to be advocating are sociliast controls.
We are in the situation we are in precisely because we have too many capitalist elements in the wrong amounts and in the wrong places in our economy. Our problems are not being caused by having public roads, socialist fire and police departments, or socialized medicine. Rather our problems are being caused by unregulated banks, unregulated and non-beneficial international trade, unrestrained immigration, a broken and inefficient health care system, and waste in higher education.
If one thinks that capitalism is bad, that does not make the extreme opposite better. That should be obvious from our last presidential election.
I never implied that the extreme opposite is better. As I have stated, I am an advocate of a mixed economy having capitalist elements in some areas and socialist elements in others to various degrees.
You've got all the talking points of socialized medicine there. It's been talked to death. I'm not going to bother going into any detail.
Why not refute all of those details? It seems pretty clear cut. Are you really just going to let the sharp contrast stand like that?
We already have socialized medicine here. We call it Medicare and Medicaid. They are both flat ass broke with the resultant mountain of debt and are both run by the same government that wants to further socialize our health care system. Hello? Yes, I know, it will be different this time.
Could they be broke because much of the health care dollars spent in this country that would otherwise shore up care and coverage for the people on Medicare and Medicaid are being squandered by our current health care system? What if instead of having gobs of health care dollars wasted on insurance companies, medical billings people, insurance brokers, large pharmaceutial profits, and benefits plan managers the money paid for doctors, hospitals, nurses, and medical supplies instead?
The last versions of the bill that the public were allowed to peruse were more about "fundamentally transforming the United States of America" than health care. Show me a true health care bill and I'll pass judgment on it. Like you, I know we need health care reform.
I agree that the health care bill is a mess and will not do anything to address our fundamental health care problems--massive free market waste and inefficiency.
BTW, you really should have skipped the ad-lib yacht comment. It cheapens your argument.
No, it doesn't. It just helps to emphasize how much money our current system is wasting. Could we have a health care system without insanely wealthy insurance company executives? Uh, yeah, we could, just like all of the other first world countries do.
But continue to rail against that very same rich man that will be needed to bankroll your Socialist utopia as it's what eventually collapses the very system you're so enamored of.
My point was that those particular rich people, health insurance company executives, are completely unnecessary for our health care system and that they constitute a large amount of economic waste.
"The problem with socialism is that eventually you run out of other people's money."
That is an overly-simplistic cute dogma. I could likewise say that, "The problem with capitalism is that eventually everyone will be owned and enslaved by the owners of the capital."
If you think that by taking a mild air of intellectual superiority you've somehow refuted me or provided a convincing argument in favor of having a predominantly capitalist mixed economy, you've failed.
You still completely failed to explain how socialized medicine can work so much better than our current system and be less expensive in other countries. I put the facts out there with bullet points, making it all an easy target.