Not all capitalism is equal though. The overlap between socialism and capitalism is state capitalism, and it turns out if you want affordable childcare, healthcare, utilities, public transport, etc. then state capitalism is the way to go.
Read Milton Friedman on why this won't work. If you have seen any government run organization you'll see why.
Taxes can be levied on productive businesses that are in ruthless competition in the free and international market. No productive businesses = nothing to redistribute. No international business == no imports. Everybody is poor and hungry.
There is a difference between productive business and basic infrastructure. Just look at China, they have state capitalism with free market economy according to the 60/70/80/90 rule. The state capitalism covers most basic needs like utilities, healthcare, and public transport extremely efficiently.
The free market economy is ruthlessly efficient in the national and international market due to involution and strategic loans from state-owned banks.
freefaler|6 days ago
Taxes can be levied on productive businesses that are in ruthless competition in the free and international market. No productive businesses = nothing to redistribute. No international business == no imports. Everybody is poor and hungry.
chithanh|6 days ago
The free market economy is ruthlessly efficient in the national and international market due to involution and strategic loans from state-owned banks.