Alexiev wrote: ↑Mon Feb 24, 2025 4:47 pm
Immanuel Can wrote: ↑Mon Feb 24, 2025 3:12 pm
Not at all, actually. What we can see is that free markets can add value to the world. This is something about which Socialists are willfully ignorant or ridiculously blind: they think "wealth" is a zero-sum game! Can you imagine? How stupid is that?
No, human creativity doesn't "redistribute" value, it actually generates new value. It adds to the stock of goods and services available in the world. Whose money did Bill Gates "redistribute" when he invented his computer? Nobody's. He added value to what we already had, and millions and millions of people have freely voted with their own money to support his invention. That's a value-add. Socialists never talk about that.
And that's because they're a bunch of green-eyed simpletons, who, lacking any ability to add value to the world, content themselves with envy.
But the problem is that Socialism is the death of the welfare state. We can't keep taking value out of the world, without adding at least the equivalent back in; and since medical system run on money, that means we have either to make socialized medicine pay for itself, or we need a money-generating "machine" that can replace the capital that is being drawn out by the medical system. And that "machine" is private enterprise.
Oh, bosh! Free Markets are a zero sum game.
Seriously? You believe that?
Even when you can see it's not true? What do you think happens when somebody invents something new? Or when somebody modifies an existing idea, and finds a way to make it better?
If what you were saying were true, how did the poor in Industrial Revolution England turn out to be the middle class? When a person turns a piece of iron worth practically nothing into a pair of scissors or a surgeons scalpel, what process do you think has happened?
Seriously? You can't believe that. Nobody who has eyes can.
One person sells, another buys.
That's not zero sum. The money is fungible. Its value goes up or down based on the perceived value of the currency and the transaction, so how much value either holds at a given time isn't stable, but negotiable. That's why prices can go up and down. But all such transactions are voluntary, too: the buyer doesn't have to buy, and the seller doesn't have to sell. That is, unless you have a command economy, like in Socialism; in which case, the buyer is forced to buy, whether he wants to or not, and the seller cannot refuse the sale, because the State handles it all.
Of course I agree that wealth is not a zero sum game -- and I agree that it appears that free markets and capitalism promote wealth.
Well, good: it seemed for a moment like you were arguing obvious nonsense. I'm relieved to see you're not.
There is little evidence, however, that the welfare state -- supported by taxes in a fundamentally capitalist economy -- has a significant impact on this growth. Medicine is a good example. The profit motive has benefited humanity: most of the new HIV drugs (for example) were developed in the U.S. by for profit pharmaceutical companies.
HIV's a terrible example: it's a behaviourally-transmitted disease. It could be stopped tomorrow, and with no need for pharmaceuticals. But yes, the profit motive has often been helpful as well as detrimental. That's why the Bible says not "Money is root of all evil," as is sometimes misquoted, but rather, "The
love of money is the root of all evil." It's the misplaced affections that are the problem, not the use of capital.
The flip side: in the U.S. we pay many times more for health care than people do in most rich countries, and we get worse results (as measured statistically).
That's the opposite of the truth, actually. Your health-care system has better doctors, newer treatments, and far more accessibility than, say, the Canadian system, which is run on a social-welfare model. Canada's going bankrupt on their medical system. People can't get important treatments. The technology is second-rate. And now people are actually dying in emergency waiting rooms, where the
average wait is nearly four hours long. And all Canada's doctors leave for the US, where they can get better equipment, better wages and higher level medical opportunities.
But this I'll give you: the medical treatment in the US is also too expensive for the average person to afford. And that's a serious problem. There's a desperate need for a DOGE-style inquiry into the US health system. And maybe that's coming.
In addition, the HIV drugs we have developed could potentially save millions of lives in Africa, but our Pharmaceutical companies won't sell them there, even at a profit.
Yes, that's true. But it's much more complicated than you're letting on.
Drug research is very expensive and wasteful. Without a profit motive, there's no reason for researchers to find new treatments, and no money for them to do the research. When they do discover something, they can't just give it away, or that's the end of the line; they have to make a reasonable profit on it, so the incentive and means for research remain. But do our current companies gouge too much? Absolutely. Pfizer's a great example. And here is one of the legitimate functions of governance: to protect markets and consumers. To decide what is a fair balance of profit and accessibility, one that allows both the populace and the profits to remain. But governments are doing a horrible job at this right now, because the Socialists are ganging up with Big Pharma (like Pfizer), just as they're on the side of Big Military (Raytheon), Big Business (Blackrock), Big Ag (Monsanto) and Big Media (CBS, NBC, etc.) That's the point.
GK Chesterton had a series of debates with GB Shaw, the socialist. Both decried the poverty and abuse endemic to the capitalism of the late 19th century. Shaw thought nobody should own private property; Chesterton thought everyone should. I can't remember the details --but everyone owning a house seems like a good idea. It makes everyone a partner in the property-based system, instead of some people being dependent on others.
Now you've hit the key point. Socialism removes the self-interest motive...and hence, it removes any motive for people to contribute to the system, as well. If I don't own my home, and I know the government does, then whose job is it to make sure my home remains solid and stable? If my wages are paid by my government, why would I ever work? If I can't get profit for my goods, why bother to make them? If my health care is paid for, why shouldn't I take trips to my doctor for a hangnail or a cold, as well as for cancer or hernia surgery? And so, the predictable has happened in every Socialist state: everybody just stops contributing, and the state runs out of money...then there's poverty, starvation, misery, illness...and no freedom.
We have the perfect example provided for us right now: North and South Korea. One is Socialist, one is free market. Both have the same people, culture, language, approximate geographical area, etc. Why is one rich, and one a hellhole?