this post was submitted on 03 Feb 2024
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Showerthoughts
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What about socialism - ie, everyone gets their basic needs met, but is free to work for more.
It almost seems logical huh
Something like universal basic income along with free healthcare, education and social safety nets definitely is an attractive idea but even providing the basic needs for everyone is expensive as hell and you can't just pay for it by cutting CEO pay. Economy is such a complex system that radical changes like this are guranteed to introduce new unexpected problems. That doesn't mean that we shouldn't try and find ways to make the world a better place for everyone but I feel like so many people naively think that the solution is obvious and right there and we're just not doing it.
You're probably describing capitalism with social welfare/safety nets. Whereas often socialism is considered to be specifically not capitalism and may not allow for the idea of working to get more resources
Fundamentally you're probably happy with capitalism in terms of economy but want further govt regulation/welfare. Which I think is probably the best system we have