Re: Capitalism or Socialism?
[QUOTE=So to sum up the best approach is one of capitalism tempered with a fair dose of socialism.
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I was brought up in a communist household - my father was a committed communist and repeatedly told me that capitalism was ultimately self-destructive because you can't eternally produce goods and services for profit without eventually alienating the poor. There is truth in that but as I grew up I rejected communism as also self-destructive for other reasons.
I think the nearest any country got to a workable and fair system was Sweden in the 70s and 80s. i lived there briefly and have visited over the years and talked it over with Swedish people. It was exactly what you describe - controlled capitalism with a good dose of socialism. It worked for a few decades and then greed rose its ugly head again. It's sad but I don't think we will ever overcome the individual greed of some humans and it probably comes from our evolutionary need for survival of the fittest and the competitive streak that lies deep within most of us.
I would like to think we could all be educated to see the longterm value of equality and social justice and that a more equal society is ultimately a safer, more secure and civil society. In a society where no one lives in poverty, all have equal access to employment, health, education, social welfare, etc, there is less crime, better health, greater life satisfaction, more productivity and all that eventually means less cost to the government. It doesn't mean no one can earn more than anyone else as in the communist manifesto it just means you even out society a lot more.
For a few decades in the 70s and 80s Australia was also verging on something near to that but in the end right wing conservatism reared its head and we now live under a similar conservative regime to the UK where profit and greed are the guiding principles so that the rich get richer and the poor get poorer and apparently that's their own fault.
I think in the end you're right. Some humans have the ability to see the benefits to the whole of society and themselves in being less selfish, more concerned with the big picture, and some don't, and so as you say, it just swings backwards and forwards.