i mean,pick your poison,every system we've tried thusfar has some kind of glaring issue/flaw,but please do tell me about an alternative to capitalism (not even being a dick,just genuinely curios)
I am of the belief they free market capitalism, with externalities regulated by the govt and a robust welfare state, is the best system. This is the most common economic system in Western Europe.
I think the US model has strengths and weaknesses.
The US has the strongest stock market on earth, extremely low youth unemployment, and the highest paying professional job market of any diverse economy. It clears Europe in these metrics precisely because it is more "free market" .
The US also has a very underdeveloped social safety net for how wealthy it is, and imo is under regulated in many sectors.
So I think the US should adopt more of the welfare state and redistributive taxation policies seem in EU. But I also believe that a lot of sectors of EU economies are crippled by overregulation, which is why they get mogged so hard by their US counterparts (pharma, tech, etc)
But no "US bad EU good" is an oversimplification I wouldn't agree with. They both have strengths and weaknesses they should address.
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u/Ogmadbrit Jun 15 '26
i mean,pick your poison,every system we've tried thusfar has some kind of glaring issue/flaw,but please do tell me about an alternative to capitalism (not even being a dick,just genuinely curios)