The ultimate debate : Capitalism vs Socialism...Which system is better..? Which system is ideal for you..? (ethical, Canada)

[hawkeye2009]

Originally Posted by miamiworshipper

Sooner or later,many other threads end up in comparing systems
or with comentators proposing their own versions of political/economic systems.
So,in reference, roughly & generally ,
to capitalism & its variations ( Hong-Kong before 1997,Singapore,
America-to some extent)
& to socialism & its variations( Europe,Scandinavia,the late Soviet Union...)
which system do u think is better & why ..?

Also,tell us your ideas about an ideal system,
for America primarily but for the rest of the world as well...

I hope this thread becomes very succesful......

If you are confident, hard working, educated and self reliant- capitalism

If you are lazy, uneducated, dependent and fatalistic- socialism


Socialism is preferred by losers

[Winter_Sucks]

Regulated capitalism is better.

[eskercurve]

The Soviet Union wasn't socialist. It was communist. A very planned and tightly controlled economy. Contrast that with Europe where, believe it or not, people go shopping and dictate that prices be lower (albeit they also believe you get what you pay for).

Personally, I think Norway is a great example of a wonderful economy and a government that looks out for its people. During the Credit Bubble years, when everyone was getting high off the hog on artificially inflated home values, they were busy putting away their money into conservative investments and making sure they reinvested their oil wealth.

They also went on a buying spree in 2008 when everything was ridiculously undervalued (e.g. Ford ... I bought at $1.50 ... sold at $15). They're out now too, kinda.

The result? Everyone in Norway has lifetime pension, and their infrastructure is great, and taxes are high, but people understand to maintain a certain way of life they have to invest in it, and a very transparent government that largely stays out of peoples' lives.

Socialism tempered by capitalism is the way to go.

Personally I don't understand people who say they want less taxes. How will we pay for the "price of civilization"? Roads, bridges, railways, the internet, and regulatory agencies to ensure corporations don't run amok.

[Mouser]

The problem with socialism is that "Eventually, Socialists run out of other peoples' money [to spend]."

Margaret Thatcher

[miamiworshipper]

Originally Posted by eskercurve

The Soviet Union wasn't socialist. It was communist. A very planned and tightly controlled economy. Contrast that with Europe where, believe it or not, people go shopping and dictate that prices be lower (albeit they also believe you get what you pay for).

Personally, I think Norway is a great example of a wonderful economy and a government that looks out for its people. During the Credit Bubble years, when everyone was getting high off the hog on artificially inflated home values, they were busy putting away their money into conservative investments and making sure they reinvested their oil wealth.

They also went on a buying spree in 2008 when everything was ridiculously undervalued (e.g. Ford ... I bought at $1.50 ... sold at $15). They're out now too, kinda.

The result? Everyone in Norway has lifetime pension, and their infrastructure is great, and taxes are high, but people understand to maintain a certain way of life they have to invest in it, and a very transparent government that largely stays out of peoples' lives.

Socialism tempered by capitalism is the way to go.

Personally I don't understand people who say they want less taxes. How will we pay for the "price of civilization"? Roads, bridges, railways, the internet, and regulatory agencies to ensure corporations don't run amok.

The Norwegs are frozen below-zero sheep who put a mass murderer to a hotel for 21 years & then parole him...
No more Norweg -loving ,it makes me angry...

[RCCCB]

Socialism other wise known as Communism-lite has failed everywhere.
Recently even Canada has been firing tons of government employees, cutting government spending and are now looking to change their health care away from what it is to be solvent.

We were successful as Capitalist until the cancer of socialism within came to be with the great society and massive growth of government union elite employees.
Since then it was all down hill, but massively successful without socialism within before had.

So limited government works, big government fails everywhere.
We don't need Europe's 100 year mortgages or riots.

[Vascodagama]

Originally Posted by miamiworshipper

Sooner or later,many other threads end up in comparing systems
or with comentators proposing their own versions of political/economic systems.
So,in reference, roughly & generally ,
to capitalism & its variations ( Hong-Kong before 1997,Singapore,
America-to some extent)
& to socialism & its variations( Europe,Scandinavia,the late Soviet Union...)
which system do u think is better & why ..?

Also,tell us your ideas about an ideal system,
for America primarily but for the rest of the world as well...

I hope this thread becomes very succesful......

There is no debate here. If someone want to live in a country based on socialism then no one is stopping you from leaving the USA! America is not going to change to socialism. The people will rise and crush any attempt by radical's attempting to try.

[malamute]

I never got to live in a Capitalist country because I live in the USA with a whole lot of Socialism. I think the closest I've seen of Capitalism was actually while waiting tables in college. Then if you worked hard and well, you got more money, and you could get quite a lot of money, you were rewarded if you performed.

It's kind of sad in the USA, because the welfare class in many cases has considerably more luxuries than the working class does. And all it takes to get on welfare is to have children you cannot afford.

[noexcuseforignorance]

Neither and neither. This isn't a, "does 1+1=2" type of question.

Originally Posted by hawkeye2009

If you are confident, hard working, educated and self reliant- capitalism

If you are lazy, uneducated, dependent and fatalistic- socialism


Socialism is preferred by losers

If you are poorly educated, ignorant and emotional - you'd give an absolute answer

If you are educated, have a clue of what you're talking about, have studied at college, visited other countries and actually understand political systems and social systems and what things were like before them - you'd say a mix of both systems.

Absolute answers are preferred by overly emotional idiots.

[Joe_Ryder]

Originally Posted by Aganusn

There's no debate, because no one wants actual socialism. Just like no one would want unfettered and completely unregulated capitalism, that would be madness.

Define madness.