Meanwhile, capitalist sytems with a high degree of socialism — such as the Scandanavian countries — have some of the highest scores in the world on the quality of life scale.
We can debate Capitalism vs. Socialism for eternity. The debate recycles itself on this board every other thread it seems. Why not take the best of both worlds and go with something new?
If you ask me, a big problem with this country is that we’ve devolved into a nation of Dualists. Capitalism or socialism? Rep or Dem? Taxes or no taxes? “You’re either with us or against us.” These black and white choices at the extremes are the realm of the intellectually lazy and have no basis in reality — the world is not in black and white.
Perhaps the flip in the systems of the US and China simply represents the two systems meeting somewhere in the middle — a symbiotic equalibrium representing the best of both philosophies.
