The Relationship Between Capitalism and Socialism

There is no pure capitalism nowhere in the world as there is no pure socialism. In reality, both systems are big stress. Big stress in the United States. A lot of people in Europe think that this is pure capitalism but of course it's absolutely nonsense. I'm going to argue that we're less capitalist than most European countries. At least the northern ones everybody salivates. We're rhetorically very capitalist. But you have also a lot of welfare state and state intervention in theUnited States.