Yes, of course. That’s why they rank much lower in economic freedom than the US.
Slightly lower, Rob.
The evidence of that ranking, as shown by the overwhelming majority of the countries, strongly refutes your claim.
Only if you get to make up my claims for me. This is the claim that you are responding to, but failing to cite:
“I’m only pointing out that socialism and economic freedom (and prosperity) are obviously not exclusive. It is quite easy to screw up any political or economic system… usually via corruption. Take a look at all the countries that are capitalist (or at any rate certainly not socialist) which are also very poor.”
The evidence overwhelmingly supports this.
The very poor countries are almost entirely the ones near the bottom of the list, that is, the least capitalist ones with the least economic freedom.
Are they socialist then? What would you call them? They have essentially zero social welfare, and they certainly are capitalist in that the capital is privately owned. The fact that they are poor and corrupt does not make them non-capitalist.
If you go to the “Top Ten” list compiled by the scholars who developed the index and listing, you’ll find that Australia and New Zealand received almost identical rankings in “trade freedom” (i. e., tariffs) compared with the US. As to the taxes and benefits, you can look at the “government size” factor. Here New Zealand received a somewhat lower ranking (i. e., larger government size) than the US, but Australia received a higher ranking than the US. So even if you want to single out these two countries, they don’t support your claim; at best, they are ambiguous.
I didn’t single them out, you did. And their social welfare (like Canada) is considerably higher than in the US.
About the “economic freedom” lists… these are put together by think tanks with the expressed purpose of touting their version of economic freedom… so their findings should be viewed with a bit of scepticism. Additionally, I don’t think your equating “size of government” with taxes is correct. Here is a list of total tax burdens:
Country Tax in % of GDP
Pakistan 10
Mexico 19.8
Turkey 23.7
South Africa 26.4
Japan 27.9
USA 28.3
Romania 28.6
South Korea 28.7
Lithuania 29.7
Switzerland 29.7
Slovakia 29.8
Latvia 30.1
Australia 30.6
Estonia 31.0
Greece 31.3
Ireland 32.2
Canada 33.3
Poland 33.5
Malta 33.8
Bulgaria 34.4
New Zealand 36.0
New Zealand and Australia are well below the US, so however they are doing the ranking for “size of government” must be different than you assume.