| HappySqurriel said: In what way has the American government become "More Capitalist"? Between social security, Medicare and Medicaid more money is spent on wealth transfers from the federal government today than any other expense; and more money is spent redistributing wealth today then at any other time in history. It could be argued that this ever increasing social spending is correlated to (and potentially causing) the increase in disparity between the rich and the poor. |
You are correct that spending has increased over time, but government control over the economy has decreased over time. I am specifically thinking of deregulation and privatization.
Do you consider government spending as a factor of captialism or socialism, or do you do consider freedom of the market as a factor of capitalism or socialism? I consider the freedom of the market to define capitalism and socialism, as taxes are the norm for pretty much every system of government ever devised and increasing or decreasing taxes doesn't have much of an affect on government idealogy.
If North Korea decided to cut taxes for everyone while keeping the same economic practices, I wouldnt say that they were suddenly more captilalist.
