Anarcho-Capitalism (Con) vs Democratic Socialism (Pro)

Let's get started.Socialism is fairer than capitalismEven though no region in the world practises a total free market, the wealth inequality gap is unreasonably high.1% of the world is expected to own more than 50% of all the wealth on earth.[1]. It seems unreasonable to think that that 1% is working so hard that they deserve so much of the world's wealth whilst the 3 billion people in poverty are all non-hard working.The capitalist system has also put 1 billion children in poverty with 22, 000 dying each day due to their inability to survive the inherently unjust capitalist system.[2] What did those children do to deserve this?Keep in mind that this inequality is even though there are quite a bit of regulations on businesses and monopolies in every country, in a total free market, the situation would be far FAR worse.The Problem of MonopolyA monopoly is when one company owns all or nearly all of an industry. For example, McDonald's owns the entire food industry, which is a likely case in an absolute free market anarchist society due to the lack of anti monopoly regulations. Bigger businesses have a huge advantage over smaller businesses because they can sell their products for cheaper (and afford to make a temporary loss) to gain market share and thump out rival businesses. Over time this means that the Monopoly is inevitable in a free market.Let us now examine the effects of a Monopoly by referring back to the McDonald's example. McDonald's out-competes other fast food chains and starts expanding into other food products or allying with other companies (like they did with Coca-cola). Soon enough, the anarcho capitalist world must rely on McDonald's for all food and Coke for all drinks. What is the problem with this? 1) The elimination of competition, one of the arguments that should ironically be FOR capitalism, and restriction of freedom of choice for the consumer. In a monopoly, companies can also raise their prices because they have total control of the food market and people need to eat.2) The McDonald's/Coca-cola companies will underpay their employees as they poor employees cannot go to the government (or rival companies) for help.3) McDonald's and Coca-Cola will not care for the well being of consumers (even less than the pitiful amount they do now). They will also not care for the environment, as the companies do not need to uphold Corporate social responsibility as they gain money anyway.4) The owners of the companies will make unimaginable amounts of money whilst billions of children will die due to poverty. Those billions of future scientists, doctors, teachers, briliant minds, humans.An alternative to Anarcho-CapitalismIn democratic socialism, poverty is not a problem as the government ensures that all citizens are fed, clothed, housed to an acceptable standard and are given all their Economic human rights, which capitalist countries often neglect and the Western capitalist biased United Nations has hilariously failed to point out.When one refers to Human rights violations, people usually think of political rights, such as freedom of the press or freedom of speech. However, what people do not usually take into consideration are the economic and social rights which are just as important as political rights.Socialist democracies would be in essence the only nations that would follow ALL of the economic and social basic human rights:1) The right to decent education - Ensuring that everyone without fail receives an education 2) The right to food - Ensuring the entire population is guaranteed safe and nutritious food.3) The right to health - Ensuring everyone is able to recieve healthcare reguardless of their socio-economic class4) The right to housing - Ensuring everyone has the freedom to safe and habitable housing conditions without fear of forced eviction (forced evictions are normal under capitalism).5) The right to social security - Ensuring that everyone, regardless of age or ability to work, is guaranteed the means necessary to procure basic needs and services.6) The right to work - The right to have a job and work under humane conditions. [3]All of these basic freedoms will certainly not be given to everyone under anarcho capitalism.Sources:[1]http://www.oxfam.org... [2]https://www.dosomething.org...[3]http://www.nesri.org...