Is a mix of socialism & capitalism possible?

Answer 1

I think we kind of have that now... we have a progressive income tax which means rich people pay more taxes, ie- more than their fair share of taxes. At least in theory. Since taxes go to funding social programs, that is a kind of socialism. Things like insurance are also a form of socialism. Universal healthcare is making a lot of headlines these days, if anything like that is implemented, it will be a form of socialism.

Does it make a country stronger? Who's to say for sure, like the magic 8-ball would say, "reply hazy, try again."

Answer 2

Indeed it is possible -- depending on ones definition of both these terms.
Because both socialism and capitalism have no strictly codified identifications (other than as defined by opponents), its difficult to accurately judge. However capitalism's penchant with pursuit of (often individual) wealth is not mutually exclusive of socialism' s wealth sharing (for greatest benefit return).

What is a community service (Red Cross, Rotary, etc.) funds-raising drive other than a capitalist pursuit with socialist motivation? Some nations/cultures are similarly capable of balancing community needs and harmony with individual valuing and potential promotion.

Angst and communal problems most often occur when the`intermix balance is disrupted and either philosophy ascends to the expense of the other.

Some examples of nations that most closely approximate a successful mix may be found among The Channel Islands, Scandinavia, Central Europe and Pacifica.

Answer 3

It is not only possible but is the dominate economic system in the developed countries of the world. Most of them provide health care and generous welfare benefits to everyone, and all have government run enterprises such a public transportation, dams for electricity production, etc., but have the majority of the economy in free markets.

Answer 4

Well of course.

This is the great failure of libertarianism and the new conservatives. They all insist that if you have one government program, it leads to another and another and all hell will break loose, and pretty soon you are living in gulags. This is actually Von Mesis and Hayek's thought.

The argument is that successful government programs create a class of people dependent on them. They lobby for more government spending, and elect their people in office, and pretty soon you are increasing government more and more. For a real good example of this, see the military industrial complex.

Although the 'leads to' argument is very good. I have one in the opposite direction, but it has not caught on.

Answer 5

Yes its the best


However the two groups won't see past there fog of war to see it