Cooperative individualism(pro) versus your choice of economics(con)

The Success of the Social Market Economy The Social Market Economy is most likely the most successful economy employed today. Only being first implemented, in Germany, at the end of WWII and the fall of the Third Reich it has seen rapid success and stability. Of the top economies in 2016 at least 5 of the top ten were based on the Social Market Economy. These countries include Germany (4), Japan (3), China (2), United Kingdom (5), and France (6). Core Beliefs of the Social Market Economy 1)The private property ownership, free foreign trade, exchange of goods, and free formation of prices. 2)In lieu of laissez-faire, the government will maintain an active role in the economy and making sure everyone receives what they need. This includes elements such as pension insurance, universal health care, and unemployment insurance along with state funded education, housing if necessary, and a state incorporated redistribution of wealth. "The "social market economy" is the socially anchored law for the industrial economy, according to which the achievements of free and able individuals are integrated into a system that produces the highest level of economic benefit and social justice for all. This system is created by freedom and responsibility, which find expression in the "social market economy" through genuine performance-based competition and the independent control of monopolies. Genuine performance-based competition exists when the rules of competition ensure that, under conditions of fair competition and equal opportunity, the better performance is rewarded. Market-driven prices regulate the interaction between all market participants." -Chancellor Konrad Adenauer of the ruling Christian Democratic Union This system allows for competitive markets as well as fair and equal opportunities. It is a a system of no man left behind. Rebuttals It is not that a Social Market Economy is my preferred system or that it's superior, I simply believe it is more practical to implement in our capitalistic society. And the slow transition mentioned as the route you would take would eventually result in a Social Market Economy before advancing further. As to your argument on implementation: "A second means of promoting worker co-ops could be to end the many government regulations on businesses... regulations are there to prevent the evils of capitalism... 1800's, where wages were terrible, conditions terrible, and worker safety wasn't a concern for capitalists..." The deregulation of these businesses wouldn't just have adverse effects on the people of nowadays. The effects would be felt centuries into the future, many of these regulations include environmental protection laws and as we know capitalist aren't to concerned about the environment. They manage to destroy even with all of our laws. Deregulating businesses that have little regard for the environment would cause irreparable damage to our already polluted world. There would be mass deforestation and extinction and habit destruction. Earth would never be the same, and that's just the tip of the iceberg (if hadn't yet melted that is). Air pollution would cause cancers and respiratory diseases. People would fall ill, but to make things much worse these businesses already have extreme control over the government. The top 1% of Americans have about 43% of the nations wealth and the next 4% control another 29%. Deregulation would give them so much power that the government would become ineffective and corrupted. This would be mitigated by the redistribution of wealth before a transition to any other form of government. With out the wealthy having their monetary based power they would have no control over the government. Now the "too big to fail" is a serious issue I agree fully with you on, but the businesses unfortunately can't fail. Our economies are based on their success, but we can regulate them and redistribute the wealth. We can slowly edge our economies dependency on them away. Once done then there can be more implementation of social welfare systems. Sources: https://en.m.wikipedia.org... http://statisticstimes.com... http://www.forbes.com...