Earlier quoted context omitted.
At least free markets -allow- competition. In socialism/communism all sectors become state monopolies, with no market incentive to provide a decent service, nor to compensate workers fairly.
You don't appear to understand what Socialism is. It makes sense with this being an American site, and most Americans think that Socialism is essentially the same thing as Communism (but then why define them as separate things?). Community, Cooperative, Employee owned are all forms of socialism. None of them prevent competition. > no market incentive to provide a decent service, nor to compensate workers fairly. If y…
"Community, Cooperative, Employee owned" are all concepts that can (and do) exist under a capitalist regime.
Socialism is very different, and it does prevent free markets.