US socialism

Free market, laissez faire, hypercapitalism => profits at the cost of people and planet.

Is your argument that economic profit (not accounting) doesn't create an incentive?

Prove to me, using relevant facts and sound logic, how free market needs socialism in order to exist. Burden of proof lies with you for making the claim.

@FunnyAnimatorJimTV

#16

How did people survive before capitalism?

I'm all for human rights.

@Doodbro Would you care to define socialism first?

"profits at the cost of people and planet"

You realize that free market is established on the concept that both parties benefit from trade? That's the only reason that transactions happen.

@wasilix

#24

The Investopedia text I posted isn't sufficient?

@Doodbro They barely survived but since it became possible it has accelerated the human standard of living no doubt

Also, what in the hell is a "hypercapitalism"?

@FunnyAnimatorJimTV

#27

Science and technology did most of that. We cannot continue to use and abuse people and planet with the technological paradigm of the past.

Would the US exist anywhere near its current state without taxation? Without the military that taxation fully supports? Would a fully privatized economy support infrastructure? Would everyone that uses any (formerly public) infrastructure have to pay? How would the common person be able to afford that?