Economic Philosophy i.e. Why Socialism is Bad

[gamey]

Meh. I have some libertarian leanings but I find any one simple system that encompasses the whole rule of society seems to have serious failings.

Lets take for example Feudalism.  How was this not Capitalism?  How was this so great? The Lords/Kings owned the property which likely their family earned, and the serfs worked for their wages. The idea that Capitalism is always some great thing always struck me as a huge simplification and goes back to why I can never agree with any system defined by one word. Where is my thinking wrong?

A lot of these NAP/ANCAP types seem to have all grown up in the privilege of a first world country with a large component of it being socialized. I look around at places with societies that I see as close as possible to anarchy and the situation is never anything I would prefer. My basic belief is one that government must be constantly fought because the only real incentive of most politicians is to make more laws. Either from fear pandering or being paid off. These are the things I choose to fight and argue against, not social/economic systems contained within one word.

[lil_jay890]

Very interesting Thom, a great watch.

[onceuponatime]

Thanks Tom.

A very good introduction to the problem as I see it too.

[Thom]

To the mods: please allow this thread to stay here so it will be seen, at least until tomorrow. After that if you feel it would be more appropriate in random discussion or elsewhere feel free to move it.

This strikes to the heart of what we're trying to accomplish with this ecosystem. Most here will not find the perspective foreign, but for those that may this message is for you.

This is a short 16 minute review of the economic philosophy portrayed by Star Trek. It is concise and well articulated. Enjoy!

https://www.youtube.com/watch?v=3U0s4_e9y38