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Socialism means more government control, less economic prosperity, even less of an incentive to be prosperous because an ever-increasing amount of your prosperity will be seized to subsidize everyone else's lifestyle. It is a recipe for widespread mediocrity.
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What's so bad about mediocrity? No, seriously. I could live with a lot of government control if it's done right. I don't think the government we have now is controlling things appropriately (not that I claim the ability to fully wrap my mind around the absurdity that is our current political landscape), anyway.
Also, isn't it the desire for personal prosperity that causes a majority of the injustice in society? Correct me if I'm wrong. It's not so bad to give to other people, by the way. In high school, at least where I live, kids are required to perform community service. I think it's healthy.
Could you elaborate about how you see social welfare as the US's downfall? I won't necessarily disagree and call you a fucktard. I'm just curious.
Capitalism does suck when it's licking consumerism's ass all day and night.
Jam it back in, in the dark.