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 Originally Posted by wufwugy
I embrace capitalism because it is better at total value. If socialism was capable of providing greater value, I would support that. But it hasn't and according to the best economics theory we got, it can't.
I wouldn't argue otherwise if you're comparing strict capitalism to strict communism. But it's not a black vs. white argument. There's a middle ground that you're happier believing can't be any better. I'm arguing it can.
For example, if some of those taxes that were currently being spent on stimulating economic growth (for example, by not being taken in the first place) were instead used to repair some of the areas where capitalism is inadequate, then you may end up with less wealthy people, but the overall happiness is greater.
You can argue that this somehow will make people unhappy at some vague time in the future and that only money matters so having the most productive system is always best. I'm saying it ain't that simple.
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