DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Can Capitalism Support the Welfare State?

**Glanteeignile** · 10-08-2011, 06:04 PM

Ok, just to be clear.

Pretty much every European democracy would be classified as a democratic socialist state. Even the United States to a lesser degree. All have a good degree of capitalism in them.

If you think central planning of an economy from top to bottom (classic socialism) works, you haven't been paying attention.

The question of the article is can the capitalism support these socialist democracies long-term. In other words, is a big welfare state sustainable?

10-08-2011, 06:04 PM	#7
Glanteeignile Join Date Oct 2005 Posts 565 Senior Member	Ok, just to be clear. Pretty much every European democracy would be classified as a democratic socialist state. Even the United States to a lesser degree. All have a good degree of capitalism in them. If you think central planning of an economy from top to bottom (classic socialism) works, you haven't been paying attention. The question of the article is can the capitalism support these socialist democracies long-term. In other words, is a big welfare state sustainable?
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