I take issue with both laissez faire, hands-off capitalism and full socialism for the same reason: the inherent selfishness of humanity. With unrestricted capitalism, you see the selfishness, the rising oligarchy, which this country went through once before, starting about 140 years ago. With socialism, you would see those who are lazy wanting to sponge off those who work hard. The optimal solution is a balance between the two. These are my opinions, of course, but some of my education and experience puts me at the nexus of religion and societal structure.
Being a Lutheran who believes in the concept of original sin, I think guardrails need to be in place. We humans tend towards the selfish when left unchecked. Things need to be structured to keep various aspects of societies in check.
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