Which economic system is better: Socialism or Capitalism

Yes, in a free society all property is private. But all that really means Is that instead of it being controlled by a territorial monopoly on the initiation of force, property would be owned by individuals. That doesn't mean for a second that people will not be allowed on it. It would be extremely inefficient otherwise, and people know that. There are plenty of examples of private parks, some of which you pay to get in some of which you don't. There is no reason whatsoever why individuals could not get together the funds to build a park, or library. I live in a small town, and that is how we get things like parks. Health care is not a right. Plain and simple. You do not have a right to somebody else's service. They can give it to you for free, or you can trade with them, but it is not your right. In the province where I live, there used to be plenty of charity hospitals, and people would get treated. Now those organizations don't exist, because they CAN'T exist, because the government has claimed a monopoly on providing those services. Or in the united states, they issue licenses. Doctors would either treat patients that couldn't afford it for free or charge a lower fee, or would allow the patient to barter with him, or the various charities and friends and family and churches would step in and pick up the tab. And that was hardly necessary, because the dollar had more purchasing power and there was more competition and almost no government regulations and controls. In fact, the main reason the government first really got involved in medicine at all was because of doctors complaining that medical prices were too low. I will link an article below describing this better than me. This will not count as an argument, this is just to give you a better idea http://www.google.ca... One of the main drivers of high health care costs, especially insurance costs is the fact that you can only shop for insurance within your state. Imagine the possibilities if you were not limited in that way. Another reason the costs are so high is because of regulation. Some doctors need to hire 3 or 4 staff members to deal with the regulations alone, to make sure they aren't breaking any laws. That is time doctors could be spending with patients. It's money essentially gone down the toilet. If you look at LASIK eye surgery, an area of healthcare that government is barely involved in, prices have actually fallen. When more than 50 cents of every dollar spent on healthcare is spent by the government, it is far from a free market system. Also, you might find this video interesting: https://m.youtube.com...# Just to address the wealth inequality issue: what matters isn't the gap, but the standard of living. is it fair? Well it depends of how they make their money. I they make their money by stealing it ( like the government does) or through cronyism (Halliburton ) then no it isn't fair. But If they make it by providing a good or service which people voluntarily accept with their dollars, then not only should they be allowed to keep it and do what they want with it, but they should be proud of it, and they should be allowed to be proud of it without being looked at as just rich snobs. Bill gates should not feel an ounce of guilt about all the money he has made. Bernie madoff on the other hand? Different story. And about the store owner taking advantage of the customer because he is starving to death? First of all, not all store owners would do that. The vast majority wouldn't. And if they did? It's their right. It's their property. Price gouging is overall actually a good thing. Say there is a storm Nancy is selling gasoline. The price of gasoline is say $30, and nancy raises the price to $40. What happens in an economy is prices act as a signal to the rest of the economy. The risen price acts as a signal flare that says " more gasoline needed in this area". This increases the likelihood that more gas will be brought into the area. Also, it separates those that need it vs those that can go without. If you had a mostly full tank you are less likely to pay more, but someone running on empty will be willing to pay more. not only that, but remember it is a bad time for the company as well. If they are struggling to stay open while pumping water out of their basements, then they deserve to make more money. If there is a law against price gouging, less gasoline will be brought to the area, Nancy would be arrested, and the gasoline would be confiscated instead of being in the cars of people. Now, to address the military again: in spite of what you said, no business with an IQ above 14 would even consider something like that. War does not create value, it destroys value. The only reason the wars in Iraq/Afganistan were able to last so long is because of the federal reserve printing the money. It simply would not be worth it to them. Assuming they have no morals. And if those are your concerns, then why on earth would you want the federal government in charge of a massive military? What is to stop them from simply taking over and silencing decent? Nothing. Literally, the problem is hiccups and your solution is Aids. Somalia? Really? THAT is a capitalist paradise. Your joking right? You couldn't possibly be bringing up that old leftist talking point could you? Well apparently you are. Are we talking about the same country here? You know, that country with a MASSIVE government that was a military dictatorship, That nationalized everything from the banks to the mines, the country that made gossip a capital offence? THAT country? The country that descended into a bloody cival war that destroyed what little wealth and infrastructure it had? When you start from zero, it can be pretty slow going at times. The country is now basically a pile of rubble, ruled largely by warlords, which is another form of government. Things are actually improving in some ways. But because of the war, things aren't exactly hunky dorey as you would expect. Capitalism is about free trade, voluntary exchanges of goods and services, and private property rights. Are you really telling me that there is a lot of THAT going on in Somalia? If so, I recommend you call 911 immediately. I will give you this much: there is EXACTLY, 100% as much capitalism in Somalia as there are hairs on lex luthor's head.https://m.youtube.com...#