I agree for the most part. A mixed economy is probably the best ... some industries shouldn't be strictly profit-driven, IMO.
I DONT even know why people make the OP type of posts. what country thats working right now and has been for a long while using 100% socialism? problem non. all of these 1st world countries that are successful use some hybrid of socialism and capitalism. the countries we say use socialism and people think its 100% socialism its more like 70% soc 30% cap.
where as in the US its like 70% cap, 30% soc. What we need right now in the US is for it to be 50% cap 50% soc.
the reason cap on its on is never the answer because it also ignores human nature or i should say the nature of the greedy. greed will make you want to cheat to win, willl make you want to change the rules so they can no longer catch you cheating, where your type of cheating is the rule.
in cap, i come up with a great idea and i can get paid a ton of money for it. But the further Cap goes along you see big companies trying to change laws so less and less people can make it big coming up with said ideas. they are trying to lock out the little guy and take all of the profit from his/her ideas. what if you come up with a better Operating System than linux, Windows, or Apple. and everyone knows its better. it would take you forever to infiltrate the market place without selling all of it or most of it to one of the current big boys (MS, google, Apple, linux, etc.)
this means they have made rules and setup shop in such a way where you can't get in the game really. sure you the individual would get paid in full but the odds of you developing a super large company like these other big boys is slim and becoming slimmer and slimmer the more we lean towards Cap and the more we get away from Soc.
in addition lets keep it simple with the world economy, trade, using cheap labor etc.
is it ok that in Cap you can find cheaper labor overseas? yes for the companies. but is it good for the people that still live in the country where these companies reside? NO.
if you keep doing this you will have a lot of citizens with no jobs, and a poor standard of living. but thats the mentality of an all Cap system or a leaning way more to the CAP side system. there needs to be a mentality of I am rich, my company is doing great. I dont need double digit growth by any means necessary every single fiscal year end. there is a happy medium.
if you can't be happy making tons of money but not making tons of money x 1000. then i dont know what to tell you. it mean you're too greedy to live in a society where its a middle class and not just a Rich and Poor class.