Inqui
Pro Bowler
I don't have an awful lot to add that rossihunter hasn't already said, but in principle I think the free market gets better, more efficient outcomes 9 times out of 10. But it can screw with incentives and that makes certain outcomes worse for people - if it were left to the markets there would only be one road in the town I'm in, and no-one pays directly for carbon emissions but once enough get into the atmosphere everyone suffers.Ok there's a lot to go over here.
First off capitalism to me is competition and the free market while socialism is govt controlled. If you have single payer health you are not going to have your own choice on who to see, what coverages you would like or how much you would like to pay for it and you're gonna have to pay since hey the poor needs it right so you have to pay for them too. My problem is the rich and politicians do not use what they dole out on the public. Also look at our VA system and how well that's run. I want no parts of it. There's already socialist practices now that I cant stand like Social (probally short for socialist) Security. You pay into this and they tell you how much you gonna get per month. Its laughable and you cant leave this to anybody when you die except spouse. Trust me I could have made more money other ways but since I didn't have a choice...... Public education is another. You're told what school to go to and you pay this tax for life even tho a parent should only have to pay for 12 yrs plus more if they want to go to college, You get either extremely limited or no choice on these things thru socialism whereas with capitalism you would thru competition which helps keep the price down and you can do as to what you can afford.
.Please read Art 1 Sect 8 of the Constitution ( I left a link on pg 60) as to what the federal govt is allowed to do. It doesn't mention health or education.
Now that you're saying net migration is going up in countries like yours with socialistic practices you will find out in a few yrs whether you can sustain. Canada is already starting to freak out. While I agree with the negative Mexico thing its Central/South America that's concerning for the US.
On foreign aid I'm sure you are correct on %'s but why keep giving money if people are gonna continue to flee. Its just more waste. Hell if China gives aid in any ways they get mining rights or something while we don't get a damn thing.
Personally I think healthcare is in that one time out of 10 where free market principles create a worse outcome - especially for nearly perfectly inelastic things like life-saving medication because they have to either fork out big money or die horribly (the asswipe who raised the price of that cancer drug 5000% overnight is a good example). There's still plenty of room for the private sector through the likes of private health insurance (which is still a strong sector everywhere else, but it complements the public system for those who can afford it), patents and R&D grants, but in every other developed country we genuinely find it mind-blowing that if someone gets shot (or gets in a car crash or has a bowling ball fall on their head or whatever) they have to fork out big money or go bankrupt. And it's not really an unsustainable system either - single-payer enables price controls, and when everyone pays in that gives the single payer an economies of scale that would otherwise be taken on solely by those who need it. As a result, "socialist" healthcare is 16.2% of the NZ budget, compared to 24.51% of the budget in the US. I suspect you'd find similar figures elsewhere.
Migration numbers fluctuate pretty wildly because they have a ton of variables, but Australia and Canada have had higher migration rates than the US for at least a decade and they're doing fine (Canada's debt to GDP is 92.3% and Australia's is 41% - both lower than the US at 106% so neither country is on the brink of going bankrupt).
About a third of that foreign aid budget goes to embassies and the like as well (caviar in the Vatican ain't cheap!), but tbh even paring foreign aid back to 0 probably won't move the needle much.
