Why pick black or white when neither work? Whats wrong with a shade of gray. Capitalism with a degree of socialism or vise versa. Tends to work the best. Look at most of europe and Canada. We have relitivly strong economies and little poverty.
Really? Using Yahoo answers on debate concerning high level political and economic theories; the site isn't really know for unbiased objective information is it?Corocan said:http://answers.yahoo.com/question/index?qid=20080413154856AAMCSzq
This can pretty much explain why communism is worse than capitalism.
Pretty much. How many financial meltdowns does it take for people to notice that capitalism has some serious issues? Particularly when the government backs off on regulation and consumer protection. Hell, I'm only 26 and have lived through at least 3 fairly major recessions. Something is not right when a system is prone to shitting itself at least once every ten years.trooperpaul said:Capitalism has been tried again and again and again and it JUST DOESN'T WORK! It's well intentioned but fundamentally flawed.erttheking said:Communism has been tried again and again and again and it JUST DOESN'T WORK! It's well intentioned but fundamentally flawed.
A combination of capialist and socialist enterprises within society creates the healthiest population (see sweeden )SnakeoilSage said:21st Century[/B]. We cannot afford to base societies around such antiquated, fanciful designs.
Sweden has large off shore oil deposits and a relatively small population.LadyTiamat said:A combination of capialist and socialist enterprises within society creates the healthiest population (see sweeden )SnakeoilSage said:21st Century[/B]. We cannot afford to base societies around such antiquated, fanciful designs.
implodinggoat said:Sweden has large off shore oil deposits and a relatively small population.LadyTiamat said:A combination of capialist and socialist enterprises within society creates the healthiest population (see sweeden )SnakeoilSage said:21st Century[/B]. We cannot afford to base societies around such antiquated, fanciful designs.
If your nation has a massive surplus of wealth to redistribute like Sweden then Socialism can be effective.
However; when your country doesn't have vast amounts of excess wealth sitting around then it doesn't work so well and you find yourself falling into massive debt since your people are asking for benefits which your government simply can't afford. This is exactly what happened to Greece and is now engulfing the rest of Europe.