Quote:
Originally Posted by Oriphiel
America doesn't need to be an uber communist/socialist ****fest to make this work. Capitalism just needs some rules. Because capitalism only works when people are competing. And we're well beyond the point where the rich have to compete to stay wealthy. Just look at the internet service providers in the US. They very openly have an oligopoly, and refuse to compete with each other. And yet nobody calls them out, because it technically isn't a monopoly. That **** has to stop.
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What you are talking about is basically the Nordic model of social democracy that you see in countries like Denmark. Capitalism and the free market are still present, just a lot more regulated in key areas so that you don't get corporatism.
Not a perfect system (and the taxes can be egregious to the middle class under certain circumstances), but still most likely the "best" system in regards to maximizing happiness, wealth and stability for all citizens at all income levels. Yang and Sanders want to move the U.S. in that direction....though IMO Yang has a better grasp on the processes that would need to be implemented to actually bring those changes about.