narouz said:Waremu said:Wait here a second. Are you actually insinuating that a central bank offers checks and balances? You do realize the Fed is the most private institution we have, which runs government, but is not actually government?
And ideally, democracy isn't the best thing to have either (that is why America was founded as a republic, not a democracy), since democracy is basically mob rule.
No, I wasn't insinuating that, War. :)
Seems like to me,
if you are saying you'd like your ideal country
to be a republic along the lines of the USA...
...but then you also want this ideal country to be purely capitalist...
What happens when your republic votes to regulate financial systems,
adopt a progressive tax scheme, provide universal health insurance, etc...?
Yes, America was founded as a republic and with a capitalistic system. The public can vote on what they want, but that has to be in accordance with the law of the land.
If healthcare costs are so cheap (like they were in the early 20th century), and people had more money in their pocket and their money was not being devalued, and they had more savings, they would not need socialized healthcare. Socialized healthcare only really became an issue because people could not afford it and the reason why they could not afford it (unlike their grandparents could) is because the government and insurance companies drive the costs of healthcare up too high. I don't see things like healthcare to be a right (though one should have the right or freedom to treat themselves in whatever way they find valuable), just like owning a house or a car isn't a right. The reason why people pay so much in taxes is because of A) a big/growing government and B) a central bank which requires the government to pay debt on each dollar it borrows of it's "own money" to print, etc. The government then has to keep raising taxes across the board to pay down the increasing debt they owe, though they even fail miserably at that also.
Really, it all goes back to economics. The problem is, most of the so-called academics are ignorant of economics or only have a basic understanding of it, or sometimes may have a background in pseudo-economics, such as the school of keynesian economics, which has failed miserably and is not indicative of reality-based economics. Sadly, most people who are for socialism or communism really are ignorant of economics and therefore lack some of the most basic rational/critical thinking skills which are required to govern or at least understand how governments work.