Exactly, thus the original point is a non-starter.
We need to instead analyze the proposed systems, and see which is more successful in fulfilling the needs of society, not just the elite. Socialists propose large safety nets, and satisfying the needs of the whole from the production of the whole via central planning.
Capitalist adherants argue instead that the profit motive incentivizes higher production, so even if resource distribution is heavily top-loaded, the aggregate production is proposed to be higher. However, they often fail to consider overproduction of goods purely for profit, leading to environmental issues, boom/bust cycles, and inefficient allocation of resources and production.
AES countries have also made larger efforts to provide for their poor, with free healthcare, education, and cheap housing as common advantages.
A country becoming Socialist doesn’t solve every problem overnight, but it does shift the priorities of society, and metrics tend to improve as a consequence, such as life expectancy, literacy rates, housing rates, and poverty rates.
Exactly, thus the original point is a non-starter.
We need to instead analyze the proposed systems, and see which is more successful in fulfilling the needs of society, not just the elite. Socialists propose large safety nets, and satisfying the needs of the whole from the production of the whole via central planning.
Capitalist adherants argue instead that the profit motive incentivizes higher production, so even if resource distribution is heavily top-loaded, the aggregate production is proposed to be higher. However, they often fail to consider overproduction of goods purely for profit, leading to environmental issues, boom/bust cycles, and inefficient allocation of resources and production.
AES countries have also made larger efforts to provide for their poor, with free healthcare, education, and cheap housing as common advantages.
A country becoming Socialist doesn’t solve every problem overnight, but it does shift the priorities of society, and metrics tend to improve as a consequence, such as life expectancy, literacy rates, housing rates, and poverty rates.