Which is better capitalism or socialism?
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Anonymous
| I’m very worried about the direction of our country. There seems to be an accelerating drift toward socialism with the forced distribution of wealth. The famous quote about socialism working until you run out of other people’s money keeps coming to mind. What are people’s thoughts on this? |
Anonymous
| Socialism is better |
Anonymous
Unless, of course, you are in the capitalist class. Your standard of living may drop when you stop oppressing others. |
Anonymous
My thoughts are you have a very rudimentary and limited understanding of economic theory and you probably shouldn't be permitted to vote. |
Anonymous
|
Capitalism by far. No contest.
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Anonymous
| lol, this is silly |
Anonymous
| First, there is no risk of this country moving away form Capitalism. So stop listening to those lies. Second, Capitalism has the potential for evils built in that need to be curbed if the goal is to have a safe and just country for all. You simply cannot have peace when a few control the economic lives of the many and choose to give them not enough to live on. |
Anonymous
|
It really depends on how you define your terms. Socialism like the USSR did it is bad. Capitalism like the government allowing and even encouraging giant corporations to accumulate wealth and power to the point where individuals have no choice but to labor for corporations for peanuts is also bad.
I do not think the US is in any danger of "running out of other people's money" in terms of wealth redistribution. The rich are getting richer and the middle class is shrinking. There is more wealth than ever but it's being concentrated in the hands of a few. I think the best system is where small business can flourish, the government has firm control on corporations, and there is a solid social safety net and labor protections. The US was sort of like this between FDR and Regan. |
Anonymous
My thought is....is there someone with too much time on their hands starting all these threads just to get people riled up for their own entertainment? Or is someone or some organization funding an effort to go on various popular message and discussion boards and start threads to get people riled up to increase the perception of strong political divides, reduce confidence in the government, and generally contribute to the negative climate in the US? |
Anonymous
OP was disappointed that their post on eliminating the 401k was met with too much unified condemnation. So, they switched to a broader topic. |
Anonymous
There was a great podcast posted last week here in the Money forum. The take-away as it applies to this thread is that 70% of Americans are basically centrist and want to get along. But there is 15% extremists on the left and 15% extremists on the right who live in an echo chamber of their own beliefs and are highly vocal and demonizing, making the 70% fearful of speaking out. This makes the country seem more divided than it is. |
Anonymous
The voters who are addicted to chaos. They’d love nothing more than the demise of society already on the brink as the cause their worthlessness. |
Anonymous
| Well, You can compare it yourself. Capitalism countries such as USA and Canada in North America vs Socialism countries such as Brazil, Argentina, Peru, Chile, Venezuela, etc in South America. |
Anonymous
I mean, they can vote. But yeah, OP clearly has no real understanding of how capitalism and socialism work, let alone the ramifications of policy reflecting one or the other on "the direction of our country." |
Anonymous
| This is an undergrad research topic. OP, just use ChatGPT like the rest of your classmates. You lazy. |