Quote:
Originally Posted by Kanadesaga
I am not real versed in economic theory but would like discuss the merits and drawbacks of each economic system. The more I see capitalism in action, the more I think socialism is the only way to accomplish the goals society deems important. If you want to have unfettered criminality by individuals under the protection of a corporate mask, a burgeoning gap between rich and poor, then capitalism is the way to go.
Any thoughts?  |
eh...if you want equal poverty than socialism is the way to go...seriously though... almost every attempt at socialism has utterly failed...doomed it's people to poverty and expanded the power of the govt.
It breeds inefficiency and destroys any motivation for innovation.
Do you think we're as well off as we are in spite of capitalism, while the socialist countries have failed in spite of being socialist?