The fact you think the product sucks does not mean it’s not good for many other people.

For example, I have Framework Laptop and I really think surface laptops suck due to how unrepairable they are. However, that does not mean that everyone cares about their repairbility…

if a product sucks, it won’t be profitable

yeah, competition is basically they key to the society

Yes, we see a lot of advancements in North Korea, Laos or Kuba. Those are totally not one of the poorest ans most deprived nations in the world.

And yes, the fact Kim family abuses their citizens is totally EU’s and USA’s fault.

Yea, the countries you mentioned are one of the most advanced ones and one of the best places to live. I very much plan to move to one of those…

First of all, you said regular people cannot benefit from companies’ growth, which is clearly false, because as per my previous reply, you can easily buy their stocks and become one of the shareholders. They even pay you dividends and your wealth grows.

Second issue you mentioned can be easily fixed by having competition in the market. When there are more companies, they have to improve conditions for workers, otherwise they will end up working for the competition. If no company in the market does it, thanks to capitalism you can start you own, offer the best conditions for your employees and they will come to you from the competition. Last but not least, whilst I agree lowering taxes does not necessarily mean rising people’s wages, it at least motivates people to start their own company (which creates more competition and that’s what we want). And yes, people who run the company are equally as important as the workers. It’s literally their responsibility to make decisions regarding the company’s direction. If you have a terrible management, the company goes bankrupt and workers, just like the people who run the company, lose their incomes.

With last statement I agree, US has the space to invest into free medicare, however at the cost of having less influence over the world.

There is quite a difference between democracy and socialism. For example, while democracy did not work in France, there were several other countries that have proven democracy works. For example, Greece, Rome, or even United States. On the contrary, socialism has been in many countries and failed every single time, no matter the situation. Countries of Warsaw pact tried it and 30 years after it collapsed, the quality of life in these countries is still worse compared to the Western Europe. Similar with countries such as Israel, India, Great Britain, North Korea and many more that have tried socialist tendencies but eventually returned to capitalist economies.

Same for capitalism, there have been countries that became quite successful thanks to it such as Switzerland, Singapore or Ireland.

First of all, everyone can gain from corporations’ successes. It literally takes 20 minutes to buy their stocks.

Second of all, Scandinavian countries have quite a good model. However, they also have very strong economies to fund it.

What exactly am I not getting about socialist economy?

The ones who disagree with socialism are usually told they just don’t understand it & that it has not been tried.

Reality is, it’s been tried and it always failed.