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. #51
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by Politics101 View Post
    This poll is deceiving because you cannot have a socialist government and capitalist government working together as a single body. It's either socialism or capitalism, there is no idealist 'perfect' world where socialism and capitalism can work together under the same government.
    Canada has a socialist infrastructure with a capitalist economy. So did Argentina during the Peron years. So do Sweden, Finland etc. No. You don't know what you're talking about. Our own economy is a balance of "socialist" oversight within a "capitalist" system.
    Last edited by Hatuey; 04-01-10 at 12:13 PM.
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  2. #52
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by Hatuey View Post
    Canada has a socialist infrastructure with a capitalist economy. So did Argentina during the Peron years. So do Sweden, Finland etc. No. You don't know what you're talking about. Our own economy is a balance of "socialist" oversight within a "capitalist" system.
    Socialism is the antithesis of capitalism. Socialism opposes private ownership of capital or land, and rejects the free market in favor of central planning. It also rejects "civil society" and makes sure that all organizations are controlled by the government.

  3. #53
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    Re: Socialism vs. Capitalism

    I think it's best to have the vast majority of the economy run by capitalist laws and ideals with just a very small amount of socialist regulations. For instance, rampant capitalism leads to monopolies and workers being treated like dirt. We need a very small amount of socialist regulation to have a capitalist economy that is good for the nation.

  4. #54
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by Politics101 View Post
    Socialism is the antithesis of capitalism. Socialism opposes private ownership of capital or land, and rejects the free market in favor of central planning. It also rejects "civil society" and makes sure that all organizations are controlled by the government.
    Just so I understand... a socialist type policy then would remove control from the free market say, and reassign it under the control of a government body. So for example:

    The removal of Student loans from private banks, and putting the control of those student loans under the Department of Education.

    Did I get that right?
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  5. #55
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by digsbe View Post
    I think it's best to have the vast majority of the economy run by capitalist laws and ideals with just a very small amount of socialist regulations. For instance, rampant capitalism leads to monopolies and workers being treated like dirt. We need a very small amount of socialist regulation to have a capitalist economy that is good for the nation.
    I thought you said the two can't co-exist.

    Regulation isn't socialism, by the way. It's regulation.

  6. #56
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by Ockham View Post
    Just so I understand... a socialist type policy then would remove control from the free market say, and reassign it under the control of a government body. So for example:

    The removal of Student loans from private banks, and putting the control of those student loans under the Department of Education.

    Did I get that right?
    That's exactly right! Except under socialism, the government may also try and takeover the production and control of say, the largest auto manufacturers, the banks, and definitely health care. I wonder if there's anywhere in the world right now where we can see this process taking place, moving from capitalism to socialism...

  7. #57
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by Ockham View Post
    Just so I understand... a socialist type policy then would remove control from the free market say, and reassign it under the control of a government body. So for example:

    The removal of Student loans from private banks, and putting the control of those student loans under the Department of Education.

    Did I get that right?
    Except student loans were already backed by the government, and therefore not really provided solely by private banks anyway.

  8. #58
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by Politics101 View Post
    That's exactly right! Except under socialism, the government may also try and takeover the production and control of say, the largest auto manufacturers, the banks, and definitely health care. I wonder if there's anywhere in the world right now where we can see this process taking place, moving from capitalism to socialism...
    The government has temporarily taken over one auto manufacturer, which would be out of business otherwise, and will divest it when it is healthy, just like it is starting to do with banks it took control of. It is a temporary measure. The government does not want to own a bunch of businesses. It...is...temporary.

    The government did not take over health care by any stretch of the imagination. That's ridiculous.

  9. #59
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    Re: Socialism vs. Capitalism

    Quote Originally Posted by misterman View Post
    I thought you said the two can't co-exist.

    Regulation isn't socialism, by the way. It's regulation.
    I don't believe I was the one who said the two can't co-exist.

    And regulation is regulation, but how would you define regulation that prevents monopolies or increases worker wages/treatment? It may not be socialist in the strictest sense, but it certainly isn't raw capitalism.

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    Re: Socialism vs. Capitalism

    Quote Originally Posted by misterman View Post
    The government has temporarily taken over one auto manufacturer, which would be out of business otherwise, and will divest it when it is healthy, just like it is starting to do with banks it took control of. It is a temporary measure. The government does not want to own a bunch of businesses. It...is...temporary.

    The government did not take over health care by any stretch of the imagination. That's ridiculous.
    This brings another great point. Under socialism, failure is rewarded with forced taxpayer funding, 'temporarily' of course.

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