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I despise free markets. The free market is a type of cowboy capitalism in which only the strongest can survive. It ruins family, tradition and the integrity of the nation. Societies that practice deregulation are always like some sort of Wild West frontier where only the competitive can survive. The competitive are those who can survive in a market environment. Being competitive in a market environment is not a sign of virtue or a person's worth, however.

A society based on free markets is never one that values family. It creates careerism and hyper-individualism. Many people will choose not to have children because they fear it will get in the way of their career. When there is minimal maternity leave and when both parents are forced to work ridiculous hours it is impossible to create a positive family environment.

I would instead prefer a system in which there is a mix of state management of the economy and private enterprise. The government will direct economic policy based on five year plans. These plans will include economic and social targets such as achieving a certain level of growth in certain sectors, creating housing, raising incomes and minimising the social ill of unemployment.

All key commodities should be nationalised.

The government should work with private enterprise to create enmployment and expand business in certain sectors.

Taxes should be fairly targeted among all classes so as to ensure a large aggregate can be used for investment in infrastructure, schools and public services such as hospitals. All education, including at university level should be free on a merit basis and cost money for those less able but who still qualify. School uniforms and meals should be provided absolutely free of charge. All medical care should be free for those who cannot afford it. The state must create cheap and affordable housing, i.e. apartments, so that everyone gets a roof over their heads.

The government should propagandise the concept of class collaboration and common effort for the national good.

State enteprises should be created that run to enrich the government and maximise employment. These companies can be run by special economic, business and marketing experts. They must also be run on a competitive basis to ensure their long term viability. However, private enterprises, or those created by citizens, should not be nationalised. Commercial effort should be rewarded and encouraged so as to avoid a stagnant economy and prevent capital flight.

The Soviet Union and Maoist China did not leave enough room for private ventures. As a result their economies suffered economic stagnation. Although they succeeded in providing a relatively secure basis for work and social support they encountered severe structural problems owing to over regulated planning. The USA and other capitalist countries are the opposite extreme. They provide minimum state support and do not regulate their economies. The social safety nets they provide are miniscule and often just include unemployment benefits, if they even provide this at all. No country in the world has successfully found a moderate road between state regulation and private enterprise. Not even the Scandinavian Social Democracies have enacted any real or significant economic planning.

Only when the free market works hand in comradely hand with the state can the national good be realised so as to allow the people to enjoy a high standard of living.

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