I wonder why those 'socialist democrat' countries are so often in the top ten of the happiest places to live, and the healthiest populations.
you have it backwards , there a difference between democrat countries that has democrat socialists governments with mixed economies vs Marxist-Leninist countries with the fancy titles of People's republic of and central planning.
What is north Korea called? the democratic peoples republic of North Korea.
What is China called, the Peoples republic of china
What is Laos called? Lao People’s Democratic Republic.
compared to Scandinavian countries , notice they are all officially called " the Kingdom of (insert name)
Would rather live in the Kingdom of ( insert name) or the Republic of North Korea, Laos, Cuba,China or Ethiopia?
capitalism: an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
in theory is amazing, in practice with fallible human beings cam become warped by tendency for greed and selfishness
except that Capitalism falls in two categories, Laissez fare and cronyism, Cronyism(which is dangerous) is the dominant category and we see today and what America was born in.
socialism: a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
is also amazing in theory, but in practice with fallible human beings can become warped by tendency for ignorance and lacking education and laziness
And to some that means the working class to be in charge, I agree human beings are fallible , but the problem with socialism isn't the system its the people in charge of the system implementing central planning, collectivism and bureaucrats to run things.
All theories sounds great, but there is reality.
all economic systems are hybrids, there has never been a pure economic system.
While you think or believe that a mixture of all system is good, the reality is its not.
Capitalism promotes freedom and individualism, equality under the law but not equality of outcome.
Socialism promotes collectivism and doesn't understand humans beings are not equal or have equal ability and wants to correct those imbalances, good in theory bad in reality .