Show me an example of a purely capitalistic system that's ever lasted.Yes, and every example of "successful capitalism" has a socialistic component to rein it in.Why is it that every example of so-called "successful socialism" is really an example of capitalism?They talk about the failure of socialism but where is the success of capitalism in Africa, Asia and Latin America?
- Fidel Castro
Capitalism works well in Japan, South Korea, Taiwan, and Singapore, but Castro is right about Africa and Latin America. Nothing works well there. The standard of living is low.
The World Factbook
The crime rate is high.
List of countries by intentional homicide rate - Wikipedia the free encyclopedia
Nevertheless, socialized medicine works well in Cuba. The infant mortality rate is lower than in the United States.
The World Factbook
The life expectancy is nearly as high as in the United States.
The World Factbook
The closest approximation to democratic socialism is Scandinavian Social Democracy. By most criteria the quality of life there is better than in the United States.
Wow, that is a really misinformed post.
I love it when an absolutists makes statements they can't back up.
In the military we called this a target-rich environment.
I thought I made it clear that I'm not an absolutist.