@edgarblythe,
You are dead wrong in all of this. There is ample evidence out there to establish the benefits of competition and market capitalism in improving the speed and effectiveness of capital allocations to and investments in needed areas, and better service and product quality for the products produced in them as well. Government agencies, operating without competition and backed up by the irresistible force of government, have little incentive for quality improvement, better efficiency or lower cost for the goods and services they may provide. ( The result in East Germany was the Lada - a car with a plastic body and a two cycle piston engine, while, across the wall, Germany was producing Mercedes , Volkswagens and Audis.
Venezuela and Cuba are living examples of this and of the Tyranny that usually results from a government with unlimited power over social and economic life.