Reply #95: "However, this conversation was about your misunderstanding of socialism..."

[Cool Logic]

If the government does not own the means of production, it is not socialism. Thus, it would appear that you are not working with the correct definition for socialism.

When I advocate for the free-market, I do not mean pure, unbridled, laissez-faire capitalism. Nor do I make the assumption that greed does not exist; however, it is the tightly controlled-market of the rich and powerful that does not account for greed, for the rich and the powerful are the ones who write the rules from K-Street.

Even so, I understand that capitalism is not perfect. If left un-checked, it can become destructive. For Capitalism is no different than other economic systems, in that its success depends upon the moral character of the human beings that are making use of it.

The advantage that Capitalism has over other systems is that all market relations are voluntary. The two-part nature of a supply and demand economy allows the People to control the market from either side of the equation. When honorable People are on both sides, no other economic system can match its creative power and standard of living.