Maybe it's worth mentioning Chinese people are also not very free at all... And China has massively misallocated resources. Have you seen their mega cities with no one living in them?
Misallocated resources happens in capitalism when sociasts come and try to tell everyone else how they need to solve the problem rather than letting the market solve it.
You know why your healthcare is ass? Because the government joined the industry in 08 and it has only gotten worse. Same with Housing.
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Go look up home ownership in China verse US. China is communist and U.S. is free market capitalism.
China has exceeded in allocating resources and U.S. has squandered it.
How is our healthcare ass because of socialism while other more socialist countries with universal healthcare are better? Seems like more socialism in healthcare is statistically better.
Seems like you just have a problem thinking about 2nd and 3rd order effects of these decisions.