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Bayside
by Gary E. Andrews - 10/19/26 09:48 PM
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Joined: Dec 2008
Posts: 10,927 Likes: 91
Top 10 Poster
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Top 10 Poster
Joined: Dec 2008
Posts: 10,927 Likes: 91 |
All kidding aside, since my teen years I've been a diehard libertarian. A laissez-faire capitalist. However, any form of government is going to punish some and reward others. One fatal flaw in laissez-faire capitalism lies in the concept "property rights", particularly land ownership. It's possible in laissez-faire capitalism (at least in theory) for a company like Walmart to eventually own the World's land mass. In which case, everyone that respected property rights would be a slave to Walmart. The problem with Socialism is in their motto: " to each according to his needs". Under this philosophy the irresponsible would benefit, while the responsible would be burdened by the irresponsible. One example... under Socialistic conditions, a woman giving birth to a dozen children would be rewarded and given a greater share of the common wealth, while the responsible couple living within their means would be penalized by paying more into the pot. John
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