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Socialism vs. Free Market Capitalism

Socialism vs. Free Market Capitalism | SOCIALISM DEPENDS ON THE ALTRUISM OF THOSE RUNNING IT; WHICH SYSTEM ACTUALLY WORKS? FREE MARKET CAPITALISM DEPENDS ON THE GREED AND CORRUPTION OF EACH INDIVIDUAL TO BE OPPOSED BY THE GREED AND CORRUPTION OF EVERYONE ELSE | image tagged in socialism has no moral justification whatsoever poor people are,free market | made w/ Imgflip meme maker
2,821 views 16 upvotes Made by lokiare 4 years ago in politics
10 Comments
5 ups, 4y
'socialism depends on the altruism if those running it'
Couldn't agree more, and that's why it never has or never will work.

Capitalism has brought more wealth, comfort, food, employment and technology to the world than any system.
500 socialist countries over 500 years wouldn't even accomplish a fraction of one western nation in 50 years... As demonstrated by socialism.
4 ups, 4y
Roll Safe Think About It Meme | So capitalism has internal checks on each other Socialism has no checks | image tagged in memes,roll safe think about it | made w/ Imgflip meme maker
[deleted]
1 up, 4y,
1 reply
Free market capitalism depends on firms having zero barriers to entry and consumers to have access to transparent information. Even Adam Smith recognized that this literally never happens in real life.
0 ups, 4y,
1 reply
I'll take a flawed system that works most of the time over a flawed system that never works any day.
[deleted]
0 ups, 4y,
1 reply
Great. So we can expect some universal healthcare soon, then.
0 ups, 4y,
1 reply
We already have universal healthcare. All emergency rooms are required to see you and fix you regardless of your insurance situation and there are many charitable organizations that will pay for your medical costs. There are local (state by state) free clinics.
Do you mean federal government mismanaged healthcare? If you are waiting on that, you'll be waiting forever.
[deleted]
0 ups, 4y,
1 reply
Hahahahahahahahaha

You know what? You sure got me. Make sure you make that a national talking point - tell EVERYONE that they all have access to healthcare already and they just haven't noticed yet!
0 ups, 4y,
1 reply
I would completely back healthcare reform to make it free market and to make insurance companies and hospitals compete to lower costs. Would you not agree to that?
0 ups, 4y,
1 reply
Too bad it doesn't work.

https://www.commonwealthfund.org/blog/2017/selling-health-insurance-across-state-lines-unlikely-lower-costs-or-improve-choice
0 ups, 4y
The reasoning in that article is ludicrous.

It hasn't been done yet - Yeah, some states allow it, but no insurance company has tried it. Not a valid reason it won't work.

Difficult to build up networks - Yeah, it will but once you do it, you'll be able to provide more affordable healthcare.

If its repealed, you'll lose money - Not really, you'll gain all the customers in your state and lose the ones in the states you were competing in, a net balance.

What it would do is make most insurance companies re-locate to the most favorable state, thus driving down prices for everyone.

What would be even better would be to deregulate everything. Then the competition would drive down the costs.
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  • Socialism has no moral justification whatsoever; poor people are
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  • IMAGE DESCRIPTION:
    SOCIALISM DEPENDS ON THE ALTRUISM OF THOSE RUNNING IT; WHICH SYSTEM ACTUALLY WORKS? FREE MARKET CAPITALISM DEPENDS ON THE GREED AND CORRUPTION OF EACH INDIVIDUAL TO BE OPPOSED BY THE GREED AND CORRUPTION OF EVERYONE ELSE