Wow. Tons of good stuff said.
I'm by no way trying to enforce what I think on others, I'm just saying what I feel. Like cookie said, I'm no economist either. All I know is what I've read about and learned in history classes, etc.
I think a big issue regarding this topic is the issue of theory versus practicality. I don't believe we will ever see a system of government work perfectly. As InFlames said earlier, all it takes is one person to fuck it up, and there will always be that one person who is thinking too much for themselves and nothing for their society.
However, I would still rather have a capitalistic society that doesn't work perfectly than a communist one that does. I know this probably sounds bad, but that's just how I feel. I believe in a system of competition that drives people to create and better themselves. Unfortunately, in real capitalism, many people get left behind. This cannot be helped, and I don't want to sound as though I lack compassion, because I truly do wish the best for everyone, I do; but it's just impossible to achieve. We can try our best to help others, but eventually you also have to consider your own interests and goals. Capitalism provides an atmosphere and a society to reach for those goals. There will be those who fail, and who knows? I might be one of them; but then I'll end up working a dead-end job somewhere, probably hating it, but still providing a necessary function in society. The hope is that someday I'll save enough money to move on and start something new. I know that this raises an infinite number of other questions that I have no answer for (i.e. minimum wage, education, etc.); but we could talk for our entire lives and never come to a conclusion.
@ Cookie:
I appreciate your response, and I believe that you're partially correct. I suppose that some of the reason people are better off is because of government welfare programs and such since the '30s. And you're right that there definitely is a great deal of government involvement. However, this is why I'm not in favor of government involvement:
I fear large government. Truly, I do. Large government creates a gateway to autocracy, dictatorship, etc. Now, hopefully we would place some kind of system of checks on our government so that this couldn't happen. But once you start giving them power, it's hard to keep them taking even more. That's my fear. It's when societies are in trouble that governments take advantage of the situation. However, I know that there are some examples of societies in Europe that work in this way, as you said; perhaps if you want to share some specifics, we could talk about them. I'm not an expert, and would like to hear more about how they work.
One final thing: health care
Obama and Clinton are both for more socialized health care. They want more government involvement in order to give aid to those who can't afford it. However, it is actually true that if there was LESS government involvement in health care, costs would go down. The reason costs are so high is because government involvement has created a kind of middle-man approach through the insurance companies. Customers of health care (I know this is a somewhat inhumane way to approach the situation, but that's what patients are: customers) pay more because they're going through various channels and not dealing directly with the doctors. If government involvement were lessened, and health care was allowed to operate in a free market manner, costs would decrease by a significant amount, allowing more people to afford health care, as well as provide more money to allow for welfare programs to help those who still couldn't. I read this information in an article that I'll try and locate for you all, but it might take some time.