the unknown wrote...
To counter that, provide one capitalist nation that hasn't suffered or isn't suffering economically. What I was implying by "
some of the communist government" was for government to gain more control over large industries so the industries don't end up controlling the government instead. I guarantee you that if the government gain more control of large corporations, it will not resulted in mass killing and genocide. It fact it might close the gap between the rich and the poor...which in my point of view is a great thing.
No capitalist society has existed since the early 1900's. The United states stopped being Capitalist when FDR signed the New Deal. One could argue that we stopped being a Capitalist society before then but, I don't feel like writing a college thesis at this particular point in time. America is "officially" a capitalist state much like Cuba & China are "officially" a Republic.
Anyways, I did a quick Google search and you may find
this little FAQ to be helpful in understanding what Capitalism really is. If you wish for more general info talk to Flaser for Communism (Proclaimed Marxist) or you can talk to me (Former Laissez-Faire Capitalist, Libertarian).
It is not unrealistic, the government can choose to have more power on business if the want. An example is [b]regulated monopolies
That is Socialism not Communism. Within Communism the state would own all means of production thus it would be the monopoly and not regulating them.
The government does not allow anyone to compete against them and the government watches over them so that they don't over price things.
The first part is an aspect of Corporatism aka Crony Capitalism where the government enacts laws to limit competition of larger businesses. Overpricing is a subjective term. What is overpriced to you or me may not be overpriced to someone else. I look at luxury vehicles and think they are overpriced, yet some people think the prices are just fine considering people still buy them. You may have meant to say "To prevent price gouging" which again is still subjective since it only comes about when shortages of goods occur. An example of such shortages would be generators during Florida's Hurricane season. Now, according to laws I couldn't rent a truck, buy lots of generators, drive down to Florida and sell them to people who need them at a price that covers my expenditures because of "Price gouging" laws in other words due to these "price gouging" laws people who want generators prior to a hurricane must go without because local store quickly sell out. If you wish, I can also list an example for hotel rooms and how they work with price gouging.
"Even if they can set rules to keep corporations from controlling a majority of the income it will be nearly impossible to apply it or for people to stay quite and follow."
Yeah, we American's are much for shutting up and falling in line. We're just silly that way.
And do you know China is a proud communist nation that has adapted some of the capitalist ways...go figure.
China is "officially" communist but, in practice it's more of a mixed economy. The Communist Manifesto does not permit private ownership of the means of production. Capitalism does not permit the public ownership of the means of production. Therefore it is a mixed economy a.k.a. socialism.