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<blockquote data-quote="BrownArmy" data-source="post: 2100343" data-attributes="member: 18225">&quot;...The United States, with our capitalist economic system, already has aspects of communism and socialism. We operate government-run prisons. We provide health care for soldiers and the elderly. We require drivers to have car insurance. We pay taxes to support national infrastructure. We have copyright and patent laws that limit what we can produce. We have labor laws that limit how we can produce.The laws that we have now allow our market to work. They allow entrepreneurs to open new businesses, to expand and create jobs. They protect your great idea from getting stolen by me. They protect my land from getting taken by you. They create the opportunity for competition and creativity that would not happen if we relied solely on the concept of supply and demand.We don’t have a free-market economy because we need government intervention to make any concept of a free market possible. The system that exists now, as flawed as it is, is a blend of the better parts of a myriad of systems. Whether the balance is the one we need (whether we need more capitalism or more socialism or more regulation or more monopolies) will always be up for debate. But it is only when we can understand the accurate definitions of such complicated systems that such a debate can even begin.&quot;<a href="http://www.dailyillini.com/article/2012/10/is-the-us-capitalist-socialist-or-both" target="_blank">LINK</a>.</blockquote>

[QUOTE="BrownArmy, post: 2100343, member: 18225"] "...The United States, with our capitalist economic system, already has aspects of communism and socialism. We operate government-run prisons. We provide health care for soldiers and the elderly. We require drivers to have car insurance. We pay taxes to support national infrastructure. We have copyright and patent laws that limit what we can produce. We have labor laws that limit how we can produce. The laws that we have now allow our market to work. They allow entrepreneurs to open new businesses, to expand and create jobs. They protect your great idea from getting stolen by me. They protect my land from getting taken by you. They create the opportunity for competition and creativity that would not happen if we relied solely on the concept of supply and demand. We don’t have a free-market economy because we need government intervention to make any concept of a free market possible. The system that exists now, as flawed as it is, is a blend of the better parts of a myriad of systems. Whether the balance is the one we need (whether we need more capitalism or more socialism or more regulation or more monopolies) will always be up for debate. But it is only when we can understand the accurate definitions of such complicated systems that such a debate can even begin." [URL='http://www.dailyillini.com/article/2012/10/is-the-us-capitalist-socialist-or-both']LINK[/URL]. [/QUOTE]

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