That is a lie though. If I pick up a rock and somebody else does as well and we both use our hands to break off pieces of the rock (private means of production) and trade parts of the broken rocks with each no coercion occurred.
That is technically a capitalist society without coercion.
That is not a capitalist society by any definition I know of. Capitalism involves things like land ownership and interest-bearing loans, things that eventually lead to significant inequality in the distribution of resources.
In a capitalist society, the other guy owns all the rocks, and if you try breaking one without his permission he might call the cops and have you jailed. But he's a reasonable guy, and if you're willing to break rocks for 14 hours a day, he'll pay you ten cents per piece, and then you can buy one back from him for thirty!
I would say it would be difficult to get the same quality as you had in 1970 as health regulations have increased so it would be rather difficult to get an estimate if you could actually get the 1970 cost.
> I would say it would be difficult to get the same quality as you had in 1970 as health regulations have increased
Which "health regulations" have increased the "quality" of treating a basic non-compound leg fracture since 1970? And which "health regulations" does the US alone have that uniquely increase its costs?
Yes, if we agree on a primitivist definition of "everything they need", which most likely includes food, shelter entertainment and some artwork - perhaps even basic medicine. But no electric energy, electronics, cars, farm machinery, refrigerators, antibiotics and so on. Building this stuff requires massive amounts of capital.
Socialism and capitalism can be occurring at the same time in the same city. If one company was worker controlled and one company was hierarchically controlled then it would be fine. As long as nobody is forcing somebody into a different system both could work together.
But that's still just as bad. It doesn't matter if one person or a thousand people reads someone else's password in plain text. It's still technically a breach in security regardless of if they work for the company or not.
Now, they will not necessarily get a bigger tip or even necessarily get a tip if they do a wonderful job, but it does make some people.