Comments by "Jack Haveman" (@JackHaveman52) on "OxfordUnion"
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@bobshuwab1988
All those things you cited, medical care, schools, libraries.....are not part of the economy. The economy has to do with the means of production. If I go to a financial counsellor and we asses my financial position, he will never ask my health or education or whether I have a library card. That has nothing to do with economics or how wealth is created or distributed. That's where you're making your mistake. You have to have a strong and free economy in order to support strong social programs. As soon as you take away the ability for the individual to build their own economic portfolio, you take away innovation and advancement. You force the individual to adhere to someone else's vision of how their economic situation should develop and stunt their growth and innovation. Without that strong and innovative economy, you have no social contract, either. You take the freedom of the individual to buy and sell at their own behest and leave it to a centralised body who tells you what it is you want or produce. It is the economy of permission, of the bureaucrat who tells you what it is should have. That's why the first Soviet athletes that travelled to the west were astounded by the incredible array of products in our stores available to the average person. Each product produced by and through the desires and decisions of the individual. Each product taxed so that tax money could be used to support medical care, education, roads and so forth. That's why the capitalist countries were the richest and the socialist countries the poorest.
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