Pants-of-dog wrote:Well, no one can prove 100% capitalism works in real life. It never has. This is why even the most fervently capitalist economies have adopted socialist policies.
And yet this standard that capitalism has never achieved is seen as the minimum needed before socialism can be accepted.
I agree 100% capitalism is just as bad, if not more bad than 100% socialism. So it may be that some kind of mix of both is the best we ever get to.
Capitalism is really good at producing goods/services efficiently/cheaply but not very good at making it fair or equal for everyone, while socialism is the exact opposite. So the logical thing to do is to choose what outcomes you want, then do capitalism or socialism depending on which is better at achieving a desired outcome.
If you want everyone in a country have access to quality education then privatizing it will just create hierarchies of access while socialism won't so socialism is better in this case. There's also ways to partly socialize and capitalize something at the same time to get a mix of both benefits (ie: subsidies, strong regulation, price controls etc.).