Quote:
Originally Posted by Mockingbird
Also, what would socialist capitalism even look like? If we had universal free health care, and better government institutions, wouldn't it be the same thing as capitalism, just with a better organized government?
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That's a pretty good summary right there. The idea is higher taxes (think 50% on average, maybe even higher... of course progressive in nature rather than flat) and much more comprehensive in nature. Meaning universal free education, as high as you can earn (though you do still have to earn the grades). Meaning free health care for everyone (although I think you should be able to opt to pay more for better than average service). Meaning if you're disabled or can't work for a short time, free food.
No one should have to worry about shelter, food, medicine, or education. Everyone who CAN work, should. With this system you still have the motivation to work harder and you are rewarded for it, but it leaves no one wanting. Wikipedia's entries are under 'social democracy' although that's a misnomer because socialism is
supposed to be democratic, not despotic like the USSR. I guess someone high jacked the name Social capitalism with some theory that institutionalizes social strata.
but yeah, I wasn't meaning to imply the popular idea of communism (i.e. russia's twisted BS factory) I mean that through technology and idealogical advancements, we'll create a form of socialism without even trying to.