View Poll Results: Which do you Prefer

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  • A purely Socialist economy

    5 6.25%
  • An economy with more Socialism then Capitalism

    10 12.50%
  • An economy with equal Socialist and Capitalist ideas

    12 15.00%
  • An economy with more Capitalism then Socialism

    34 42.50%
  • A purely Capitalist society

    19 23.75%
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Thread: Socialism vs. Capitalism

  1. #11
    Sage
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    Re: Socialism vs. Capitalism

    Then if you don't want the explanation, stop wasting time.
    I'm not wasting time. I'm poking fun at your attempt to explain away your silly little beliefs.
    "I do not claim that every incident in the history of empire can be explained in directly economic terms. Economic interests are filtered through a political process, policies are implemented by a complex state apparatus, and the whole system generates its own momentum."

  2. #12
    John Schnatter 2012 Phantom's Avatar
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    Re: Socialism vs. Capitalism

    An economy with more Socialism then Capitalism, this is what I would like to see.
    Vote John Schnatter (Papa John) 2012!

  3. #13
    Count Smackula
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    Re: Socialism vs. Capitalism

    All societies with good standard of living and wealth have a reasonable combination of government and private control over the economy. Governments tend to pay for basic infrastructure and services that all other forms of commerce rest on at the very least. It also provides a legal framework for private interests to compete in a beneficial manner. Other factors like nationalization, subsidization or government backed monopolies are used in greater or lesser quantity. An economy without government is an utter disaster, while command economies only have managed to excel during times of war.

  4. #14
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    Re: Socialism vs. Capitalism

    The whole Capitalism versus Socialism debate is absurd and I think only really ignorant people take part in it. In the modern global market, a mixed economy is essential to survival. I can't believe that there are people out there who still hold the elementary school conception that China is a communist country and the United States is a capitalist country. There are very few nations on this planet that don't have a heavily regulated capitalistic system in place. The debate is no longer about whether or not there should be regulation, but how much regulation there should be.
    Last edited by CriticalThought; 04-01-10 at 05:58 AM.

  5. #15
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by CriticalThought View Post
    The whole Capitalism versus Socialism debate is absurd and I think only really ignorant people take part in it. In the modern global market, a mixed economy is essential to survival. I can't believe that there are people out there who still hold the elementary school conception that China is a communist country and the United States is a capitalist country. There are very few nations on this planet that don't have a heavily regulated capitalistic system in place. The debate is no longer about whether or not there should be regulation, but how much regulation there should be.
    I think the regulation argument is contextual.

    Some people (myself included) belief that basic contractual/criminal laws should be the only enforcement, while others look towards putting additional limits outside of those.

    I think there is a place for "socialism" although I'd call it communalism, that is with the family and to a lesser extent your immediate local community.
    Outside of that I don't think it functions very well.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

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    Re: Socialism vs. Capitalism

    The USSR was not communist by strict definition. Communism has never existed in its true and pure form on a national level, and never will. Human nature prevents this. Communism is essentially one level above anarchy, and the Stalinist mutation of a central authority figure is more command-socialist than communist.

    Having said that, I voted for a capitalist economic system with a VERY slight amount of socialism. Capitalism actually has existed in its most pure form (anarcho-capitalism) and it failed miserably because it could not compensate for market failures. However, it only should exist to cover the most basic of welfares and really work hard to prevent having an entitlement-based society like the United States now, where people clamor that everything "is a right" when it truly is a privilege. Health care, welfare, a job...all of these are not rights, and never will be.

  7. #17
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by Harry Guerrilla View Post
    I think the regulation argument is contextual.

    Some people (myself included) belief that basic contractual/criminal laws should be the only enforcement, while others look towards putting additional limits outside of those.

    I think there is a place for "socialism" although I'd call it communalism, that is with the family and to a lesser extent your immediate local community.
    Outside of that I don't think it functions very well.
    That might be how you want it, but that isn't what it takes to compete in the world today. China is setting itself up to be the next superpower and it's far from the kind of capitalism that you would probably envision. The reality is bureaucracy doesn't function well, and that is true whether it is a private corporation or government institution.

  8. #18
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by CriticalThought View Post
    That might be how you want it, but that isn't what it takes to compete in the world today. China is setting itself up to be the next superpower and it's far from the kind of capitalism that you would probably envision. The reality is bureaucracy doesn't function well, and that is true whether it is a private corporation or government institution.
    I agree but my beliefs are a bit more complicated than corporatism.
    I see corporatism as a result of government and business operating in league together.

    My problem with modern capitalism is there aren't enough capitalists.
    Last edited by Harry Guerrilla; 04-01-10 at 07:27 AM.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  9. #19
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by CriticalThought View Post
    The whole Capitalism versus Socialism debate is absurd and I think only really ignorant people take part in it. In the modern global market, a mixed economy is essential to survival. I can't believe that there are people out there who still hold the elementary school conception that China is a communist country and the United States is a capitalist country. There are very few nations on this planet that don't have a heavily regulated capitalistic system in place. The debate is no longer about whether or not there should be regulation, but how much regulation there should be.
    Actually, it's more nuanced than that. It's not just how much regulation there should be, it's how much regulation should there be for which industries?

    This one of the issues we have with health care. Is it ethical for people's health to be based around profit? Or should all people have access to health care regardless of conditions or ability to pay? While it is true that we do not have a public option of clothes to help people acquire affordable clothing, clothing is not nearly as critical to a person as adequate health care is. This is one reason why some people want a nationalized health care system.

    Personally, I feel that all industries and businesses should be regulated to some degree. However, regulation on business practices is not the same as socialism, just like regulation on people's behavior is not the same as authoritarianism. Regulations are there to keep businesses honest, which is important to do since the whole purpose of a business is to find ways to profit and take people's money.

    So I can't even vote on any of the options in the poll. It's not just a matter of how much socialism or capitalism is applied in a country's economy but also to which aspects of a country's economy are socialism and capitalism applied.

  10. #20
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by Harry Guerrilla View Post
    I see corporatism as a result of government and business operating in league together.
    That is a naive assumption. Of course corporations exist because of government. For an economy to develop beyond a barter system it needs some form of government oversight. Even within a barter system, people can get pretty steamed if they get traded bad products and so oversight of the market naturally evolves. Merchants get together and pick impartial people to judge whether deals are fair. Regulation is created by the market, not in spite of it.

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