Capitalism (Pro) VS. Socialism (Con)

Once again, I must apologize if it takes me some time to post. Let’s get right to it. Argument 1: Capitalism is a more realistic system. Humanity as a whole is incredibly greedy. We are members of a species that wants to get as many materialistic goods as possible. This is natural. Capitalism, unlike socialism understands and accepts this. Capitalism is about the economic growth of each person, they have to work get keep their income and luxuries. If people are lazy, then they do not get as much, or none. Saying that a lazy person should have the same or greater importance and income as a hard-working man is simply unfair to hardworking men and women who grow the economy. Instead of being frowned upon as with Socialism, greed is a motivation in capitalism for the lazy to work harder so they can make as much money. Socialism tries to sweep the greed under the rug, while Capitalism addresses it head-on. I will not disagree that it is unfortunate that some people have to suffer, but isn’t it better to have a system where some prosper while others falter and fail? Or is it better to have a system where all do less than mediocre? Think that everyone would do well individually with a redistribution of wealth? Think again. “Each person would get around $7500. But the cash only makes up for around 15% of M3; hence each person would get around $1000 in cash and the rest in savings accounts, certificates of deposits and other money instruments. ” {1} Seven-thousand five-hundred dollars per person. No family or even individual person can live on that amount of money. Capitalism is necessary in our society because redistribution just can’t work. People rise, and people fall. That is how is has been and how it all ways will be. No one is inherently equal. Argument 2: Capitalism has worked far more than any other economic system. There may have not been a winner/loser in the cold war, but the USA emerged FAR stronger, while the Soviet Union collapsed “ After the Bolshevik Revolution of 1917, the newly-formed government developed a philosophy of socialism with the eventual and gradual transition to Communism. The state which the Bolsheviks created was intended to overcome national differences, and rather to create one monolithic state based on a centralized economical and political system. This state, which was built on a Communist ideology, was eventually transformed into a totalitarian state, in which the Communist leadership had complete control over the country. However, this project of creating a unified, centralized socialist state proved problematic for several reasons . .. Second, their economic planning failed to meet the needs of the State, which was caught up in a vicious arms race with the United States. This led to gradual economic decline, eventually necessitating the need for reform. Finally, the ideology of Communism, which the Soviet Government worked to instill in the hearts and minds of its population, never took firm root, and eventually lost whatever influence it had originally carried. By the time of the 1985 rise to power of Mikhail Gorbachev, the Soviet Union’s last leader, the country was in a situation of severe stagnation, with deep economic and political problems which sorely needed to be addressed and overcome. ” {2} In the socialist state of the USSR, they simply could not keep up with the production of the capitalist west. People in control of the production simply works better as history has proven. Even today, the world’s most important socialist country, China is not even truly a socialist country anymore! “There are definite class divisions here. Means of production are not collectivized. You have to pay for school. .. elementary school. Lots of people don't have health insurance. State owned enterprises do not distribute profits amongst the people. People work for wages. Private property exists. ” {3} This is how it is. A communist country with WAGES. With PRIVATE PROPERTY. How could a person say that socialism works when the one of the most important socialist countries in history is now increasingly capitalist, while the other important one doesn't even exist anymore? ’ ------------------------------------------------------------------------------------------------------------------------------- Sorry for the wait. I just had a final exam, and my everlasting-homework load continues to grow, plus extra-curricular activities… Anyways, I’m tired and I need to go and rest. Looking forward to your argument. DarthKirones. (P. S. Please reserve your dialogue if capitalism is the natural order of things for the day time. I’m too lazy to edit my message and email settings, and I keep on getting emails in the night/early morning when I try to sleep. I appreciate the interest in the topic, but I already have to get up early in the morning. ) SOURCES: {1}. https://www.quora.com... {2}. http://www.coldwar.org... (3). https://www.quora.com...