Really? I think they're both incredibly idealistic. As are most pure political philosophies.
The thing about it is: if you hand over all the power to one source, that source will become corrupt. In America, we've handed over a lot of power to the private industry, hence, the private industry buys out our government and Washington is now full of workshy layabouts.
You're right that it needs to be a balance, but here is how I feel the balance should be addressed: treat people like people (with socialism) and businesses like businesses (with capitalism). The problem, at least in America, is that we give our big businesses the nanny-state treatment, most recently with SOPA/PROTECT-IP (if you can't protect your product adequately then maybe the industry should take its course and replace you). On the other hand, as you can see most clearly in our educational and healthcare system, you suddenly get into this rhetoric of "survival of the fittest!" when in reality it's extremely tied to class and should logically be designed to be fair.
Note: By fair, I mean, for example, that the schools which are currently worst should be funded to the level of the ones which are currently best, stop whining about equalization meaning that good services will get shat upon.
The thing about it is: if you hand over all the power to one source, that source will become corrupt. In America, we've handed over a lot of power to the private industry, hence, the private industry buys out our government and Washington is now full of workshy layabouts.
You're right that it needs to be a balance, but here is how I feel the balance should be addressed: treat people like people (with socialism) and businesses like businesses (with capitalism). The problem, at least in America, is that we give our big businesses the nanny-state treatment, most recently with SOPA/PROTECT-IP (if you can't protect your product adequately then maybe the industry should take its course and replace you). On the other hand, as you can see most clearly in our educational and healthcare system, you suddenly get into this rhetoric of "survival of the fittest!" when in reality it's extremely tied to class and should logically be designed to be fair.
Note: By fair, I mean, for example, that the schools which are currently worst should be funded to the level of the ones which are currently best, stop whining about equalization meaning that good services will get shat upon.