You are proving my original point exactly. While the US is overall Capitalistic it is by no means a pure laissez-fair system. My original point is that the best system is somewhere between pure Capitalism and pure Socialism. All of the economic and technological progress you've mentioned here happened with things like labor unions, minimum wage laws, antitrust laws, and social security in place.Originally Posted by Lateralus
If you want to show that laissez-fair system benefits the most people, then you need to show that the average person in the US had the highest relative standard of living between the Civil War and T. Roosevelt. However history shows us that the average American has been most prosperous since WWII. Since WWII we've had a blend of Capitalism with some Socialistic ideas mixed in, and since then we have mostly just been refining what the right balance of the two is.
Yep, this is my point exactly. Both are horrible in the extreme. The best system is somewhere in between, although I agree it leans more on the Capitalistic side.Originally Posted by ptgatsby