EVERYBODY deserves clean water, electricity, housing and food.
Where do you suggest the rest of the users should get power from? And how would that work exactly in reality?
Even of the government had to ensure that everyone has access to affordable electricity they'd still have to buy it from someone which fundamentally doesn't change anything.
Capitalism is the only one that brought plenty - because there is an incentive to do so.
With collapsing demographics the current economic system will fall over anyway, either due to inflation or defaults, so maybe it’s a good time to start thinking about how to separate utilities from money.
Forced labour? Central planning? Requisition? How exactly would that work? Somebody still needs to build and operate those power plants.
Also commercial and industrial users consume >60% of all electricity in the US, should they also be subsidized? Or subsidize residential users?
Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.
-- John Maynard Keynes.
I think he's onto something as I see the lengths Boing, Intel, FAANG, et. al going to benefit us all everyday...Once a large number of people stop working, who actually works to grow the food? Who builds the houses?
Communism does not work.
It's interesting that you bring up a large number of people no longer growing food as if that's not the current reality. What do all those people do now that they don't have to work for food?
If the people doing the growing are getting all of their needs met why would they grind to produce food to sell for money when they get money for free?
Why would the vast majority of people in the bottom 50% of the economic ladder work at all if they were getting all of their needs met at no cost to them?
I would say in a perfect world everyone should have all of these things.
The problem is that the marginal cost to giving each of these things to everyone increases to infinity as we approach 100% of a sufficiently large and diverse population. For example, creating a city water system should efficiently deliver clean water to a large proportion of an urban population. However, not everyone lives in an urban setting and delivering clean water to remote populations can get astronomically expensive.
As rational citizens we must acknowledge this unfortunate reality and figure out how to deal with it fairly and equitably. Profit seeking enterprise has been astoundingly effective at driving down these marginal costs for a whole host of goods for centuries. Many of these things you mention only exist because profit seekers developed and distributed them!
You mean governments signaled the creation of a market by printing and lending free money to build those systems ?