There was a lengthy exchange in this thread with a handful of LIBs. It isnāt the first exchange of this type that Iāve had over the years and it wonāt be the last.
As I stated, I got what I was looking for and am moving on.
āLiberalā covers a very broad swath of people with varying opinions. Basically you can find tons of liberalism who are pro socialism and tons that are anti. But even among the āprosā you wonāt find central planning very popular.
Pure socialism is not a viable alternative to capitalism. We live in a world of scarcity. Until that part of the equation is fixed (and barring moving into space itās not going to be fixed) then pure socialist economies tend to fail.
There are certain elements of socialism that are attractive to society and can be integrated into a capitalist economy. We already do this with the welfare system (social security, Medicaid, etc.), unemployment protection and benefits, so on and so forth.
I think that financial wealth has less to do with how much money you start with but more to do with oneās culture, attitude, initiative, and endurance.
I am not really disputing your point though that having money at the beginning helps. Itās just that if you took everyoneās personal wealth today and redistributed it equally, in N years there would still be the 1% and there would still be the poor.
Countries that can rely on others to defend them militarily. Letās seeā¦ what could we do with the extra money if we did not have to fund the defense of the western world?