Originally posted by k1Lla441
Which one do you guys want america to be?Capitalism is the idea that if people work hard, they get paid a lot, and if people dont work hard( a.k.a bums) they dont get rewarded. Also means that private owners own there own businesses and the government doesnt interfere.
Socialism is the idea that people get equal rights and rewards no matter what. So no matter how much harder you work than the person next to you, youll always get the same pay/rewards. Also means the government will interfere with busnisses.
So which one would you like america to be?( by the way, america is currently capitalism)
You evidently know no differance between communism and socialism (by deffinition).
You also are pretty clueless about what capitalism is.
''Capitalism is about reward for hard work''. Karl Marx is spinning in his grave right now.
Originally posted by KidRock
If its going to be capitalism, let it be capitalism. You cannot pick and choose regulations and still call it a free market or capitalism. One could argue the whole mortgage crisis never would have happened if we were truly capitalist.edit: And I am a capitalist, I don't believe in rewarding failure.
Such mortgage crises could only happen in caitalist societies.
By deffinition, socialist system could not come to a brink of ressesion, since it is controled by the state and it is not free.
Current credit crunch happened because of recklessness and greed not because of ''socialism''.