Are we going to pretend that free market capitalism and its magical benefits haven't been pounded into all of our heads from every angle from the moment we were being taught anything about how the world works? It's not difficult to understand, it's difficult to see in a world where companies commit crimes and collapse in mountains of debt, but no one goes to jail. Not a situation that Adam Smith would approve of.
The reason the benefits capitalism are spread out to any degree is because there are riots when they aren't, so you need to at least reward the people responsible for putting those riots down through violence, technology, and bureaucracy. Hence, the middle class.
> Socialism, however, requires altruistic behavior, and very few people are consistently altruistic and self-sacrificing for the common good.
"Socialism" requires cooperation, and people do it just fine. Even capitalists are socialist amongst themselves when it comes to keeping out competition.
Progressivism conquered America a century ago. Antitrust law. Central bank. Income tax. Universal suffrage. Old age pensions. Public education, research grants. National parks. Interstate highways. Welfare, public housing. Equal opportunity employment. Disaster relief. Socialized medicine for the poor and elderly. Workplace safety. Automobile safety and emissions standards. Space shuttle.
Recently, a flirtation with Universal Basic Income.
You're concerned about what? Free Prime delivery?
https://ourworldindata.org/grapher/world-population-in-extre...
My dad was a professor of finance in a midwestern college. He'd have students coming up to him saying "I didn't know there even was a case for free markets!"
> "Socialism" requires cooperation, and people do it just fine.
Both socialism and free markets require cooperation. The difference is that socialism requires forcible cooperation, and in free markets the cooperation is voluntary.
People innately like to compete and will do so over the dumbest things, like who can get the little puck in the net with sticks the most, or who can correctly guess the sum of a pair of dice.
Market capitalism coopts this most basic of human instincts,not greed, and selfish greed is actually the root of many failures of capitalism endeavors, and human endeavors in general.
For example, how long do you think McDonald's would last if its McBurgers tasted bad? McDonald's success is extremely tied to customer satisfaction.
Tossing the ball back to you, under socialism, why would the socialist service care if you're pleased with the service or not?
Every country that tried having the government run food production produced starvation.
Every one.
> The goal of the capitalist isn't to make their customer happy, its to extract as much of their available disposable income as possible.
True, but the way to get that money is to please the customer, because the company cannot force them to buy.
Those goalposts were just fine where they were, put them back and address the actual argument. Nobody was advocating for 'government run food production'.
That's why it's the poster boy for socialism's failures.
Plus your quip is a little bit dated honestly. The soviets had famines because they literally didn't support evolution for quite some time. They believed Lysenko and allowed him to execute his critics. Meanwhile today, look at China the past few decades when modern agricultural practices were finally well established around the world. Another 600 million people in 50 years. Huge population growth doesn't happen because of starvation.
Ah, the arrogance of knowing what is best for others. (Of course, I know what's best for everyone else, too, but my arrogance stops at taking the next step of being entitled to force it on them.)
> The soviets
You can make excuses for the Soviets. But you gotta explain the starvation from every other communist country. The starvation in Jamestown when they tried communist agriculture. The starvation in the Pilgrims' first year when they tried communist food production. The failure of the Kibbutzen in Israel to feed themselves without government subsidy.
It goes on and on.
P.S. China stopped starving when the stopped collectivist agriculture.
Now for the flip side. Which was the first country to eliminate famine? The US, around 1800, with free market agriculture. Next, which free market agricultural system has suffered from a famine?
lol you misspelled "ran by corrupt authoritarian governments that don't give 2 shits about the public unless they can exploit them"
You can ding corporations... but the real world socialist examples are worse.
Corporations aren't perfect (and we don't live in pure capitalism anyways. Common sense controls exist for good reason). But they are better than socialist governments.
Industrial democracy, where workers own and control the company, backed by a robust welfare state, is socialism.
Besides, the US under free market agriculture produced the tallest people in the world up until WW2. It's kinda hard to believe that Americans grew that tall from eating garbage.
Capitalism, like democracy, is the worst form of government, except for all the others. To believe that the US brand of capitalism can do no wrong is to be as deluded as the communists were. If the free market were perfectly efficient, there would be no such thing as conmen or MLM scams, and every consumer would be 100% informed and perfectly rational. That's ridiculous, so the government needs to step in at times, to promote a freer market than one without regulation.
Go eat at a restaurant in Times Square. They exist only because of their location, and the fact that tourists don't stay long. So their food is bad AND they don't need to try and harder because it doesn't hurt their business. They're a total ripoff and a tourist trap and that's with capitalism's vaunted free market backing the enterprise.
> They're a total ripoff and a tourist trap and that's with capitalism's vaunted free market backing the enterprise.
If you think they're a ripoff, don't patronize them. Nobody is making you.
That seemed obvious to most observers, up to the Cold War.
It can't account for international trade, which functions on mutual self-interest.
There’s a reason why Five Guys, etc are everywhere. People who want a good burger go there.
Imagine if that co-worker that doesn’t contribute or might even drag the team down can just quit and play PS5. Glorious.
How do I know people don’t need coercion or even pay to produce great products? Open source software. Windows is capitalism and Linux is socialism. Which do you prefer?
Socialism, however, requires altruistic behavior, and very few people are consistently altruistic and self-sacrificing for the common good.