Jack boot Joey wrote:Ahh, see snorri, this is where you and I fundementally disagree.
Yes sure, socialism to a basic thinker seems like the be-all and end-all to every financial issue. It sounds great, businesses pay for the subsidisation of national services and welfare of the nation, whilst a healthy levekl of stealth taxes on all products and services ensures that the country can provide thousands upon thousands of needless, pen-pushing, public secter jobs for the slightly less practical and useful people in the nation....sounds fantastic, to the naive and basic economic thinker.
Well, the other side of the spectrum might sound totally awesome in economist's ears, but the problem is that it screws over many people. The idea that a total free market will somehow work to the benefit of everyone is quite frankly ridiculous. Big businesses will always go for more money, so the only solution is introducing laws and regulations to make sure it doesn't get out of hand. Nationalising their bussinesses isn't an option, because that would make it futile to start a business and that is just the thing we need to encourage.
I'm not a fan of a purely socialist state or a purely capitalistic state. They both bring something to the table. The free market brings money and profit to the economy, and the socialism makes sure people aren't treated like crap.
Basically, I think there needs to be an encouragement of small businesses and a discouragement of big business.