Welfare

Welfare

57: WELFARE: Necessary to prevent food

riots. Food riots are bad for the economy. A reading of Das Kapital makes it clear that the main flaw with unrestrained Capitalism is that in downturns,

the suffering of the proletariat is immense. By having a mixed economy (Capitalism with socialist elements), we have been able to improve our quality of

live and simultaneously reduce suffering. The big question for me is not which is better, but what is the proper mix.