SOCIALISM VS. CAPITALISM

Discussion in 'Business, Politics, & Debates' started by EarlAlexander, May 16, 2017.

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WHAT SYSTEM DO YOU CONSIDER THE BEST ?

  1. SOCIALISM

    2 vote(s)
    40.0%
  2. CAPITALISM

    3 vote(s)
    60.0%
  1. EarlAlexander

    EarlAlexander New Member

    Socialism vs. capitalism

    Socialism is a cum economy system whereby the means of production, exchange and distribution of raw material are being controlled by the state, it is an economic system that is centralize in nature, whereby the state pay every citizen for his or her effort which aid production. Socialism not a bad ideology but it mode of operation in countries of the world today has made it very bad in the eyes of capitalist and mixed economist

    Capitalism is a cum economic system whereby all the means of production, exchange and distribution and trade in particular are handle or controlled by the private individual. It is a nice system that can increase a countries wealth if the country practice it in a good way also

    No economic system is bad but it the way it is being practiced in a country that determine if it will be workable or not. So in your own point of view about the system of economy of a country, what system do you feel is the best and should be practiced in countries in the world
     
  2. buckrogers

    buckrogers New Member

    Socialism has never worked anywhere it's been tried in history. Socialism is based on greed. It's not greedy to want to keep the money you work for. It is greedy to want to take the money someone else worked for. I also find it funny how Bernie Sanders was praising the socialist policies of Venezuela just a few years ago, and now Venezuelans can't even afford toilet paper.
     
  3. Artois52

    Artois52 New Member

    Neither one will work if it’s adopted in the extreme.

    We saw in the old-style communist states how total equality just leads to apathy and failure, because people want to be rewarded for their efforts, not get paid the same flat wage that someone who works half as hard is paid.

    On the other hand, when you have some people who have more personal wealth than some countries do, and people elsewhere are dying of starvation, it’s simply immoral and wrong.

    Hopefully, one day, we will reach and equilibrium where people, everywhere in the world, will be rewarded for success, but not at the cost other people’s lives.

    You may say I'm a dreamer, but imagine!
     
  4. buckrogers

    buckrogers New Member

    Love how you worked in a song lyric from a man who drove a rolls royce while writing songs about how there should not be "income inequality."
     
  5. MT seat

    MT seat New Member

    Can u tell me of a single instance where Socialism actually turned out to be a better option? Half-hearted promises
    of trickle down distributed wealth. It's all a big a scam with the poorest of its people left out in the cold holding
    a wet paper bag.This is what Socialism looks and feels like. yet it's touted on the left as God's holy perfection.
    Make no mistake, Socialism is nothing more than a clever ruse brought on by the most affluent in hopes of
    making it's ;people needful sheep.
     
  6. Dalb

    Dalb New Member

    Coming from a socialist country i can tell that you just can't ignore natural laws. Always a controlled economy will develop black markets, corruption and misuse of the national treasure. You need healthy competition between companies, socialist countries tend to develop cronyism and a small percent of rich people by taking advantage of all it's own people. What do you prefer to be the overworked fat donkey or the starving street dog?
     
  7. MT seat

    MT seat New Member


    I'm not crazy about either one.Are these our choices for Socialist America? Is this all we have?Our kids are in school being indoctrinated to think and feel a certain way. This is our fault for not stopping this in its tracks,
    I want my free this, I want my free that. I want my entitlements, And I want the government to pay for it.
    Don't you see this isn't freedom, It's enslavement.Would you not rather work hard for what you have. there's no one to take it from you. Of the people, By the people, For the people, Shall not perish from the earth.
    God bless America
     
  8. davejj

    davejj New Member

    Though capitalism is fraught with its own weaknesses, it trumps socialism on many levels. Socialism, which is akin to communism, has been directly responsible for loss of millions of life worldwide. Unlike capitalism that comes with freedom of thought and religion, socialism tramples on all of such and makes people prisoners of conscience. The former USSR, China, Vietnam, North Korea readily come mind.
     
  9. Authority

    Authority New Member

    There is no state in the history of the socioeconomic system of state organization that has practiced or is practicing either pure capitalism or socialism. There have been some elements of socialism in states that claim to practice capitalism and elements of capitalism in the states that claim to practice socialism.

    A deeper look at the United States as a symbol of the capitalist economy shows that some elements of socialism are integrated with capitalism. For instance, there are some features of socialism in the Homestead Act, government involvement in the railroads, interstate highway system, and a huge amount of money spent on corporate welfare by state and federal government. Proponents of capitalism may not see it as elements of socialism. They can call it good governance or welfare package, but pure capitalism has nothing to do with government interference. Once there is government involvement, the capitalists are no more given free hands.

    Also when you look at Russian or China that practice socialism, you will see some elements of capitalism. Example, when private individuals own means of production like industries, land, companies and remit tax to the government, it is capitalism at play.

    Therefore, the higher degree of either capitalism or socialism defines whether a state is termed capitalist or socialist. The best way to go is the mixed economy where you have the interplay of good features in both. This is the reason why terms like socialist-capitalism and capitalist-socialism are used to describe socioeconomic systems of state organization
     

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