Myth: capitalism is the reason western society has thrived, socialism is a failed experiment Fact: most western societies are a pragmatic mix of socialism and capitalism, "true" capitalism is as rare as "true" socialism
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Replying to @AmirWeiss1
Or is socialism the reason capitalism can survive?
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Replying to @GidMK
You have to create wealth before you can redistribute it. My neighbor sent his kids to private schools, bought them brand name clothes, drove them around in a Maserati. That must be the secret of his wealth I thought. Did the same and ended up declaring bankrupcy.
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Replying to @AmirWeiss1
There's a big difference between individual wealth and national economics though
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Replying to @GidMK
All capitalist countries are wealthy but differ in the amount of socialism they provide. All socialist countries failed unless they introduced capitalism like China. And yes the Scandinavian countries are capitalist.
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Replying to @AmirWeiss1
The amount that any of those things is true seems to be entirely related to political beliefs in my experience. I've heard cogent arguments against all of those points before
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Replying to @GidMK
I've heard arguments that refute the arguments that you've heard
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Hence the fencepic.twitter.com/D7OT43zXjG
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