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by the_third_wave 1138 days ago
> There's nothing about disallowing private ownership of the Earth's common resources, natural monopolies, etc. that stops having free markets everywhere else.

What are "the Earth's common resources"? Is farmland one of those? What about forests, are those part of those "common resources"? If the answer is "yes" your claim of there not being any hindrance between Socialism and "free markets everywhere else" falls flat since it would not be possible to have a free market in essential goods - food and shelter.

For where it concerns "natural monopolies" I tend to agree. As to "a lot of taxation against accumulated and inherited wealth (not income)" I mostly disagree since this is a big disincentive against saving and living within one's means. Parents who want to take care of their children to help them on their way would be punished for their thriftiness (which turns "income" into "wealth") to finance slackers and spendthrifts, the classical dilemma which gave rise to the likes of Ayn Rand writing "Atlas Shrugged". Such a system does not promote economic mobility either since it takes away the incentive to become mobile - why bother when the state provides "equity"?