What is "socialism"? - An attempt to clear up myths/misconceptions

[DonFerrari]

VGPolyglot said:

DonFerrari said:

And do 75% of the americans not own a car that they could sell? That alone would make the 10k... and considering the average earning of the Americans is like 6x this per year, their lack of savings is much more on how they manage their money than the lack of making that money.

Also if you read again "group of people saving 10k" so it isn't a single person. And again look more and you'll find that a lot of these americans (and brazilian) started their business even though they don't have 10k in savings.

The average commute to work necessitates a vehicle:

http://www.prb.org/Publications/Articles/2014/us-commuting.aspx

So they can't just sell them.

Necessitating a car doesn't mean a 15k USD car, there are plenty of 500 USD cars.

For every barrier you or socialism think and that the government feel they'll need to intervene, capitalism and entrepreneur find an alternative for the problem and solve it. The government just end up putting more barriers, and people saying others can't thrive without their help or intervention just do those people a disfavor.