system
Given the following post, respond as if you're commenting on Reddit:
human
CMV: Too many fall through the cracks in purely capitalist societies, capitalist societies needs an element of socialism too

I'm a big believer in capitalism and relatively free markets, but looking at the state of America (a very capitalist country) today, I don't see the argument that capitalism is working. Homelessness is a huge problem, people are denied healthcare because they can't afford it, and many families are food insecure. And these problems seem to be increasing, not decreasing. 

I come from a middle- upper middle class family, but I've needed long term healthcare for various issues and the cost of all that has put enormous strain on our finances. I would not have survived without much of the healthcare I received and I'm incredibly grateful that I had access to these resources, but knowing how difficult paying for healthcare was for my family, I can't imagine a working class family getting the healthcare they need (if one of the members of said family had the health problems I've dealt with.) And healthcare is really just the tip of the iceberg. 

I completely agree that compared to, say, communist nations the standard of living in America is better. But compared to other developed nations that have more socialist  redistribution programs income inequality is much greater, healthcare outcomes are much worse, and general happiness and life satisfaction is lower. If this is the system working as it should, I'm not sure what that says about the system. 

I have no issue with millionaires or even billionaires, as long as those on the opposite end of the financial spectrum are getting the basic things they need. I think in a functional society those who are able to work should work. (Some people take a more Vecna view of the situation where waking up going to work going to sleep is an evil meaningless cycle humans are forced to endure, but as somebody who works a retail job I think working and contributing to society can add meaning to life) But I think if you can't work, you should still have access to basic needs and certainly if you work a minimum wage job you should still be able to access them. And I think a capitalist system often makes it so people can't access them. 

That's my view, I look forward to hearing others' views and I am open to changing my mind!
gpt
America is not as capitalistic as you might think. For example: The very idea of capitalism would never involve things like bank bailouts which America does frequently. If a bank fails under capitalism that bank would not be bailed out but instead someone else, the next competitive bank would take its spot. America is very socialistic and has many socialistic policies . No government is 100% anything.  Any type of government is going to have different castes or classes as America calls them. Different levels of government such as federal, state, county, city, and so on allow different regions to adopt more capitalistic or socialistic policies as they see fit and blend them together.

As for free markets, americas markets are HEAVILY regulated and it never seems to do them any better than before the regulations are adopted because there are always ways around them and new markets and investment opportunities arise, laws are broken or ignored etc.