Good because it's the only alternative to the disastrous free market anarchy we have today that convicts the vast majority of humanity to slavery for the benefit of the wealthy few.
In the United States, far-Right Republicans and Democratic liberals alike have sold many people on the notion that the market should be the main force to drive the economy and define social relationships. They maintain that government should stay off people's backs and out of our wallets. They promote rugged individualism and consumerism couched in terms like "personal responsibility," "freedom" and "independence." "Greed is good!" was the mantra of Michael Douglas' character, Gordon Gecko, in the 1980s movie "Wall Street," and those became the words to live by in the '80s and '90s. The philosophy and value of greed was taken to heart by many a corporate CEO, and, over the past three decades, this twisted logic -- underlined by the values of individualism and the culture of consumerism -- has turned back the clock on human development with devastating consequences.
More than 12 million American children grow up in impoverished homes. When compared with 20 other wealthy nations on measures of health, safety and relative poverty, America's children fare amongst the worst.
In terms of the human development index, the United States has fallen from second place in 1990 (behind Canada) to 12th place. This decline continued through both the Clinton and Bush administrations, with the US falling to sixth in 1995, ninth in 2000, and 12th in 2005.
In certain respects, the decline is even worse. The US is 34th in infant mortality—with a level comparable to Croatia, Estonia, Poland and Cuba. US school children perform significantly below their counterparts in countries like Canada, France, Germany and Japan, and 14 percent of the population, some 40 million people, lack basic literacy and number skills.
Of the world’s 30 richest nations, which comprise the Organization for Economic Cooperation and Development (OECD), the United States has the highest proportion of children living in poverty, 15 percent, and the most people in prison, both in absolute numbers and as a percentage of the whole population. With five percent of the world’s population, the US has 24 percent of the world’s prisoners.
Social mobility is now less fluid in the United States than in other affluent nations. Indeed, a poor child born in Germany, France, Canada or one of the Nordic countries has a better chance to join the middle class in adulthood than an American child born into similar circumstances.
In overall life expectancy, the United States ranks an astonishing 42nd, behind not only Canada, Australia, New Zealand, Japan and all the countries of Western Europe, but also Israel, Greece, Singapore, Costa Rica and South Korea.