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by jkhdigital 1839 days ago
> perhaps same things could be accomplished more effectively by government.

Perhaps. You could say the same thing about any economic activity. But go too far and you end up with, you know, Stalinist or Maoist communism with tens of millions of citizens dying of starvation. I’ll take the market economy, thank you very much.

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It seems like there might be some room to maneuver in between the current system and communism. Was the US a Maoist commune 50 years ago? Or was it just a market economy with higher income tax rates on the rich?