694 karma · joined June 29, 2022
That's not a free market economy.
"it doesn't seem like America has anywhere near enough regulations to be considered true capitalism."
You can't regulate your way into capitalism because capitalism by definition means markets free from government interference. The more it interferes the less capitalism you have.
United Healthcare is a great example. The governments enforce these companies being a monopoly be restricting which companies can operate in which states, having an enormous amount of red tape and regulation, documentation laws, etc.
If it was truly "capitalism" the government wouldn't' get involved at all. Part of the reason that doctors are so expensive to see is because there is a board that the US Government certifies to allow them to control which hospitals are allowed to be teaching hospitals for doctors.
If it was true capitalism there would be no regulation there and any college could graduate doctors. This artificially keeps the supply lower than it would be. These are facts.
So clearly you are pretty uninformed as the military spending is only 13% of the federal budget. Social Security (AKA a socialist program, IDK if anyone can deny that) is 22%, Medicare (another socialist program is 14.2%). Interest on our prior spending (a lot of it from SS and Medicare, etc, some military too. is 14%
So, if you add social programs you has (SS = 22.5%, Medicare = 14.2%, not counting education) that is 36% of the budget or nearly 3x miltitary spending.
A capitalist economy would NOT have those things are as they are not free market at all, they are the government forcing your to pay into them.
Unfortunately that’s not the case. It’s like day care. Day care is expensive because the government mandates it to be expensive. Otherwise you’d have grandmas down your street would gladly watch your kid but it’s generally not allowed for more than a couple kids.
Same thing with houses. I have half an acre. Could easily put 2 affordable tiny homes on it. Good income for me, cheap rent for someone else, but, unfortunately it’s legally blocked
If I had to give advice I’d say to just do it. Work on some project that interests you and go for it
In the beginning it wasn’t good but they would have been fine after that. There are no credible reports to the contrary