Topic: Socialism vs capitalism ,which one is good for us ?? - page 4. (Read 788 times)

These are absolutely different ideologies, which have their pros and cons. Socialism collapsed, proved the lack of vitality. And all because the economy is not able to live according to plan, because it is impossible to plan the tastes and wishes of consumers, as well as scientific and technological progress. Consumer demand is selective, changeable, but it is he who is the pledge and stimulus for the development of the economy. The state plan was unable to plan the variability of demand, he was not at all able to plan basic things.

Socialism is possible only with a one-party, authoritarian system that survives only due to forcible retention of power, which means that money and resources are spent primarily on weapons and state security, as well as the army of "defenders" of the regime. Therefore, socialism is the history of a total and incessant deficit, when people can not feed even without delicacies. In the Soviet Union, even toilet paper was scarce.

In conditions of deficit, there is nothing to do with quality, therefore everything that is produced under socialism - from the point of view of reliability and strength has poor quality, practicality and ergonomics. Socialism is not in a position to plan progress - the Internet, mobile phones, artificial intelligence. All these things, moreover, expand the space of personal freedom, which can not be under socialism, because power must be retained, and for its retention freedom should be excluded. Socialism steals all progress from capitalism. Socialism tried to be born not in one Soviet Union, but in about 40 more countries - nothing happened, everything collapsed. And there, where they later took up the mind and began to build a free market and democracy, things went into growth, there was a normal development.

Socialist one-party dictatorship is prone to corruption and human rights are not guaranteed!

The capitalist society multi-party in power, people's rights guaranteed!

Both have their pros and cons.

Socialism can provide a social safety net. Such as social welfare for the 'weak' ones (handicapped people, elderly people) and to provide a good pension (which can be partially carried out with commercial pension funds). The negative part of socialism is that people can get lazy if it's easy to get money from the government instead of getting a job.
Capitalism provides the foundation for economic growth; history has proven that one the main drivers of economic growth (=jobs) is from innovation, done by companies. When capitalism reigns, companies can create new products/business models which can lead to new jobs and more wealth in general. The negative side of capitalism is that people can lose their jobs if the company wants to make more profit. Another disadvantage is that if no regulation exists, companies can really get away with a lot of scams.

So I think both can be used in society for the best results; create low regulation to foster innovation, but try to create regulation to avoid big scams. In addition, don't give unemployed people welfare too easy but motivate if people go to work (lower taxes).

Socialism invetably leads to a totalitarian society dut to its very core, which implies the centralized decision-making and prohibition of free enterprise and entrepreneurship. These things cannot be achieved without suppression of personal freedom. As we can see on histrical examples, there was no socialistic society which attained prsoperity and didn't turn into a totalitarian state. Venezuela nowadays is perfect example of how on of the richest Latin American countries may be driven into a complete poverty where people are nearly starving to death. And all because of socialism.

Of course this is true!.
Socialism is a sense of concern, sympathy and empathy between individual to another individual regardless of status. A view of life and certain societal teachings who desire control the means of production and the distribution of the products equally.


Capitalism which means capital's the only political-economic system that tends toward the collection of individuals wealth without interference from the state nor royal laws. This mean individual from within or from outside the country is entitled to own property, industry, commerce and add to their wealth. Not surprisingly at this system will reveal gaps which are clear between the rich and the poor.
The system opposed to this ideology is socialism.

Over the last century, we've seen hard socialist nations like russia(USSR) and china(under Mao) adopt facets of capitalism to better compete economically with the united states. While nations like venezuela who retained hard socialism whilst waging a war against capitalist enterprise have slowly but surely destroyed themselves.

I'll contend that capitalism is better suited to harnessing the imagination, resourcefulness, creativity and intelligence of a population than socialism is. 

Under capitalism everyone generally has the freedom to start a business, pursue their dream, invent or build something. Under socialism generally only the state has the power to do these things, which sets civilization and society back as only a fraction of the total population has the freedom to exercise their ideas of business, inventions and similar things.

People forget that large corporations like google, apple and microsoft had their humble beginnings in someone's garage. Capitalism having these tiny businesses which have the freedom to grow into large megacorps in turn creating jobs and prosperity is what socialism generally lacks. And that is a big part of why socialist regimes like stalinist russia and maoist china have been forced to adopt capitalism over time, in order to compete with the united states and not be left behind.

Socialism and capitalism are both having good contribution to the economic developnment in the world, so, we don't consider that socialism and capitalism are danger, although it has a large effects on how our countries become highly develop because of socialism and capitalism, because without capitalism and socialism different countries are nothing in terms of economic development.

If you pursue finance and economics, then capitalism will help you more. Capitalism has a very strong policy of economic backing so if you go this route choose the capitalist countries. I am living in a socialist country and it makes me feel very upset by the country's restrictive policies. My next destination would be Japan, where there is a very large crypto market.

Who is 'us'? Capitalism and Socialism each have their merits and the best solution is likely a combination between the two. Either in any extreme is going to be majorly flawed. My personal opinion is that for the majority of people a capitalist society is actually better as they are unable to do things for themselves and make the decisions and such they'd need to do make a socialist approach succeed. This is mostly born out of distrust and a negative outlook of the human population than anything to do with either approach.

There's no simple answer to this one.  Both ideologies are dangerous if taken to extremes.  It's generally better to find a happy middleground.  Places we tend to perceive as "capitalist" countries are, in reality, becoming increasingly crony-capitalist or corporatist.  And when taxpayer funded assets get sold to companies through privatisation at a reduced price, there's often a stench of corruption.  Governments that engage in the practice of privatising profits and nationalising debts are only perpetuating the flow of money to the top of the pyramid scheme.  All of these things are signs of a system gone wrong and in dire need of rebalancing.

If ideas must be developed, if competition is to be encouraged, then capitalism
should be encouraged.Merit is the way to develop a society competitively. If socialism
is implemented, a lot of talents would definitely die down knowing that you are not expected
or encouraged to solely depend on personal efforts to survive.Naturally, a lot of citizens
would rest on their oars.Hence, capitalism harnesses the talents in everyone and gives the
opportunity to appreciate your good efforts after all.

In my opinion Socialism is good for us.
Because,capitalism is associated with unfair and inefficient distribution of wealth and power.So there is no chance for equal growth.In this model "rich get richer and the poor get poorer".
If we think like environmentalist,then capitalism requires continual economic growth and will inevitably deplete the FINITE natural resources of the earth.