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 Originally Posted by Poopadoop
They're value judgments of course but I believe the distribution of resources in a strictly capitalist system tends to be overly skewed towards having a few very well-off individuals at the expense of the people in the middle and at the bottom.
I don't think a 'everyone for themselves, survival of the fittest' economy in general leads to a happy society because it lacks a certain brotherhood and common empathy for your fellow man. To give a concrete example, the quality of your health care is not something I think should, in general, depend on your wealth.
I know this is very long so I don't expect you to watch, but in case you want to. Milton Friedman has long discussed how free market capitalism benefits the poorer more greatly than the richer.
My added input is that government favors are what make such divides, and that when government is prohibited from giving favors, the markets are most open to the most diverse and lowest cost alternatives, which helps the poor.
Friedman is explicit: there is no example in the world of a first-world society that didn't become that way but for free market capitalism.
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