quote: Redistribution of wealth happens with any system, and realistically it happens in the same direction (towards the very wealthy) regardless. Look at the stats in 'communist' China, the old USSR, or the glorious U.S. and A. The elite with influence inevitably will draw more money towards themselves. Not advocating Communism or anything, just saying look at the actual big picture. If you think that bankers, media owners, etc. don't get a better deal because they can influence policies in their favor, think again.
quote: As someone earning enough to be at the peak of taxes, let me assure you that it's NOT taxed progressively. In defining investment income differently from 'normal' (i.e. working a job) income, the tax rates are HEAVILY skewed against the highest earning workers.
quote: Hell, you currently pay less on long term capital gains than just the business+personal side of FICA. Oh, and no Social Security getting yanked out either - and THEN getting the money taxed. It's progressive right up until you are rich enough to get the laws to favor you.
quote: The masses have the sheer voting numbers to prevent having to pay taxes since politicians will pander to them (Romney's 47 percent), and the ultra-wealthy have the influence not to pay the taxes either (Romney himself as a lovely example - almost 14 percent of 20 million? Wow, I'm really impressed!).
quote: Kind of cases in point. The fact that the airwaves (or gas rights) are 'commonly owned' but essentially sold only to huge corporations is full-on capitalism, not socialism. Under socialism, we'd only have state-run radio/tv (NPR? PBS?) and some state-run gas/oil company. You can be sure that the system is currently skewed towards the media (and energy) giants who can exclude all others through government policies.
quote: "Too big to fail" is protection of private companies using public funds. That's NOT socialism, that's capitalism with influence peddling between the wealthy in the private sector and the revolving door + legal bribery to the political side.
quote: Corrupt capitalism != socialism.
quote: Really? And Sweden is worse for citizens rights because...? Australia? Do their governments monitor ALL electronic communications or something?
quote: I love nationalism and all, but don't let it blind you to the flaws of any nation.