The downside of capitalism, it seems to me, is that it denies to many sufficient resources and/or financial security as well as providing a horrible time at work. This is true even though the resources of the economy are sufficient to abolish these evils.
A socialised economy is not an end in itself, but merely the economic base on which liberal freedoms can become available and meaningful for all. It is not the job of socialists to tell people how and for what purposes they should live, or to try and mould human personality, but to provide the means by which they can be free.
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