Episode 76: Socialism and Capitalism...What is the correct balance?

Joe and I try and understand the concepts of 'socialism' and 'capitalism' and what these concepts look like in their absolute form and the various shortcomings each of these systems has.Topics:"I won't milk the cows."Liberty versus equality.Both systems can lead to extreme tyranny.Are we entitled to baseline rights, to pursue freedom?The answer for now is really a mixed economy...but just how mixed?Government and businesses are an unwritten form of checks and balances.The two buckets of socialism...needed and unneeded benefits.What is the maximum that we can give to people without killing incentive?The rising tide of sufficiency.How to correctly redistribute....(to be continued)