Capitalism Will Bring World Peace

Not the banking system but the people who borrow the money. The process that borrows the money is socialist, as you so often note. They are in one big democratic boat, helping each others - with other people's money. Those who make the spending decision are not the ones who have to suffer the consequences, that's why they make bad decisions.



Most of the uninsured are young people who could afford insurance but don't need it. In a free market they could buy a cheap basic insurance that covers the worst case scenarios, but government mandates that insurance have to cover all sorts of treatments they don't need. Insurance companies are literally forbidden to offer insurance to those people. That's why many young people stay uninsured, rather than get full expensive insurance that they have no need for.

Another chunk of the uninsured are poor people who already qualify for existing programs, they just can't be bothered to fill out the paperwork.



The cost of administration is always higher in a government bureaucracy than in private business. Name one industry where that is not the case.

If you reduce the cost of drugs, you get less of them. Price controls don't make things cheaper, you just have less of them. That's why shelves in the eastern block were empty.

You think that there will be more health care if you don't distribute it by cost - in fact, two thirds more. I can only ask you where that comes from. That the free market eats up two thirds more for administration and profits is just nonsense. That is the same fallacy that people in the 60'es made who thought the socialist Soviet union would have better economic achievement than the capitalist US.
Turns out that doesn't work. When will you people get it?

US health care is broken by regulation and intervention. Your British system would be much better, and cheaper, if you switched to a market. Then you can still subsidize those who can't afford it.

I'm sorry to say, but you need to read up on some economic realities that you are wrong about.
There is no point in repeatedly lecturing you about stuff that you keep denying.
Bankers and greed - all that stuff has no basis in reality.
A friendly good bye. I am done. You just keep believing what you want to believe xris.

Communism doesn't work. And seemingly neither does capitalism, nor the sort of mixed economy we have in the developed world.

Of course advocates of both communism and capitalism claim their systems haven't been tried properly yet.....

I suppose I consider the mixed economy includes elements of capitalism (a market, corporations as legal persons, limited liability, insurance, free trade, a banking and finance system, private property and so on) and socialism (welfare, free or subsidised health and education, etc). Communism is (in theory) a development from state socialism - but we're still waiting.....

However, for communism to work there must be something in place to make people attempt to follow the rules.