This isn't off the mark at all, I just wish we'd call the government redistributing money from the poor to the rich what it is: socialism.https://twitter.com/marwilliamson/status/1192071250392174592 …
Except no it’s not. Public policies that guarantee equality of opportunity are not inherently socialistic or capitalistic. With proper financial regulation, we can have capitalism with a conscience.
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I don’t think we’re disagreeing — what I’m calling socialism is government policies like tax breaks for giant corps, which is government redistribution but everyone insists on calling “crony capitalism”
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Giving a tax break to a huge, privately-owned company frees that market. That's pure capitalism. You can call yourself a capitalist & critique its elements, just as a communist can criticize, say, Stalin. We don't have to let ideologies define us.
End of conversation
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You’re right that a welfare state isn’t socialism per se but capitalism with a conscience is an oxymoron, regulation can’t fix that
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