I'm not trying to change your mind so hopefully this comes off as supportive and interesting.
Issues can rarely be broken into a clean dichotomy of correct and incorrect. Math formulas have correct and incorrect answers, but socioeconomic issues lay on a foundation of unpredictable and unforeseeable chaos. No matter the control mechanism created, it cannot account for every variable. And I believe on that we agree. The divergence seems to be in what to do once that basis has been accepted.
The regulated market approach seems to be to legislate and regulate to prevent the known worst-case scenarios. The free-market approach seems to be to accept that chaos is unpredictable and to build a support structure that empowers success. This whole paragraph is necessarily reductive, but hopefully it's respectfully so.
But again, I don't claim to understand free market. Quite the opposite! I don't know how you could say there's a "correct" action to take when my understanding of the free market is to just let things play out. Clearly, I'm missing something.
I also don't know how one could rightfully compare the socioeconomic situation of Sweden and Denmark to the USA without blatantly ignoring significant historical events that led to the current situation. Sweden is a variable pointing to an object in memory that has a wildly different behavior pattern than the object behind the USA pointer. Just because they implement many of the same interfaces does not mean that they implement all of the same interfaces. They also use vastly different amounts of system resources, and are used very differently by other objects.
Issues can rarely be broken into a clean dichotomy of correct and incorrect. Math formulas have correct and incorrect answers, but socioeconomic issues lay on a foundation of unpredictable and unforeseeable chaos. No matter the control mechanism created, it cannot account for every variable. And I believe on that we agree. The divergence seems to be in what to do once that basis has been accepted.
The regulated market approach seems to be to legislate and regulate to prevent the known worst-case scenarios. The free-market approach seems to be to accept that chaos is unpredictable and to build a support structure that empowers success. This whole paragraph is necessarily reductive, but hopefully it's respectfully so.
But again, I don't claim to understand free market. Quite the opposite! I don't know how you could say there's a "correct" action to take when my understanding of the free market is to just let things play out. Clearly, I'm missing something.
I also don't know how one could rightfully compare the socioeconomic situation of Sweden and Denmark to the USA without blatantly ignoring significant historical events that led to the current situation. Sweden is a variable pointing to an object in memory that has a wildly different behavior pattern than the object behind the USA pointer. Just because they implement many of the same interfaces does not mean that they implement all of the same interfaces. They also use vastly different amounts of system resources, and are used very differently by other objects.