WTH??????? you said socialism corrupted capitalism.
I said capitalism failed at eliminating the need for economic socialism.
Please explain this "false premise" I bought into; this should be fascinating.
Tl;dr
Capitalism let's things, people, ideas, fail. There is no "too big to fail" or "no child left behind" or "social blankets".
Under capitalism you can expect people, ideas, things to fall thru the cracks. You can expect the whole system to go thru highs and lows. Its mimicking the natural cycle of life. And over the long term that allows things to naturally evolve into a better thing. And it's all driven by things internal to the system going thru natural processes, highs and lows. In a perfect capitalistic system your place in the world is driven almost entirely by what you do. Corporation gets greedy and just pays dividends to shareholders then faces economic calamity, it falls. Down with the greedy. If someone applies themselves and creates something nice they get to profit, no matter their skin color or upbringing. Capitalism doesnt care, it's a process.
Our government (socialism) has inserted any number of corruptions into the system. Red tapes that favor corporations vs small guys, keeping the small small, and the big big. Bailouts, handouts, subsidies, again favor the big vs the small. Taxes again favor the big vs the small just like individual taxes do. Because the government, socialism, tied itself to these big guys it has become inter-dependent on each other. To the point it's hard to say who is buying who. And that means we now have corporations, and government entities " too big to fail". That's all because of socialism. Under capitalism the government wouldnt care one iota if Delta failed because they refuse to reinvest money in its company.
And thus Deltas hypothetical misdoings wouldnt be tied to the public support and those who.made bad decisions would be punished with failure. That begins to create a pattern of bad behavior being punished, and good behavior rewarded, all without trying public interests into it.
Instead, what we have because of the government performing socialistic interventions is that the bad behavior never gets punished. The natural cycle never completes, and we are stuck on the edge of collapse. Technically socialism should be able to fix the issues, but we have seen time and again it's easier for the government to literally just make up money than deal with reality and allow the bad behaviors to be punished. Why? Because they are getting kick backs, donations, cushy jobs for them and their family.
So instead of small corrections under capitalism we get apocalyptic socialist responses like shutting down the economy then trying to pretend we didnt with trillion dollar stimulus checks. That again dont actually fix the underlying problem, so once one batch of made up money is gone, the problem comes back. And the government and idiots who dont understand the situation act shocked and say well we have to do "something, for the greater good". Ignoring that it was similar measures that got us here.
I would much prefer the small pain of capitalism vs economy ending disasters of socialism.