No evidence of the bolded statement whatsoever. Do you have some? I would love to read it.
There is no such thing as pure capitalism... and, its purest form leads to monopolies and exploitation of the masses. You realize the game Monopoly was contrived as an illustration of the ills of unregulated capitalism?
Monopoly's inventor, Elizabeth Magie, would have sent herself straight to jail if she’d lived to see just how influential today’s twisted version of her game turned out to be.
www.bbc.com
America, which has a mixed economy (socialism mixed capitalism), is also one of the purest of all capitalist societies, yet our economy really does not work. Similar to the game of Monopoly, the results of our economic resume are one the greatest wealth disparities in the world (we rank just ahead of Haiti). Wealth disparity ultimately creates weakness in the social fabric, which is IMHO, is currently being manifested itself in the popularity of Trump.
https://www.weforum.org/agenda/2013/09/the-problem-with-wealth-inequality/
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and...
www.weforum.org
http://www.iop.harvard.edu/political-issue-wealth-gap
I think you are talking to the guy in the mirror as it you that clearly is devoid of understanding. You are letting your emotions run wild and walk allover whatever little bit of logic or understanding on this subject that you possess. Its clear you don't like the term socialism; its also clear you have no idea what it is. Somehow you have assigned a good/bad quality to something that you don't even grasp. Sad.
Every economy has elements of socialism and capitalism. There is no purity of either. It like a shower that has a mixture of hot and cold water.
We need go-go capitalism to afford a generous welfare state, and people won’t support go-go capitalism without a safety net. “Socialists” and Republicans forget different parts of this lesson.
www.vox.com
For many, “socialism” is a word that evokes a weakened work ethic, stifled innovation and excessive reliance on the government. For others, it represents a fairer, more generous society.
www.pewresearch.org
www.bushcenter.org
Like a good recipe, the formula is tweaked to taste. But, the economies the produce the best for their citizens (Canada, New Zealand, Australia, Denmark, Norway, Finland) tend to have a couple of additional tablespoons of socialism in the mix over the US, which produces for some of its citizens, but not the average citizen.
Discover population, economy, health, and more with the most comprehensive global statistics at your fingertips.
worldpopulationreview.com