Capitalism vs socialism

I will first explain how socialism has failed in the past, why it is a bad system, and why it will continue to fail. I will prove capitalism better later on. Socialism doesn't work: Historically it hasn't worked, the socialist Nazi party of Germany didn't do well, neither did the USSR, also socialist. I will now explain in more detail: Let's use china as an example: uried amid its astonishing annual growth rate, even in the recession, is the sad story of Chinaï¿½€™s socialist sector, a huge and perennial drag on its economy. The failure of government control amid the success of private initiative is a story that President Obama would do well to study as he brings government control and management to the automobile and banking industries in the United States. In China, 80 percent of all investment activity comes from bank loans largely controlled by the government ï¿½€" a harbinger of what Obama will bring to the United States as TARP-funded banks increasingly have to bow to federal regulation and pressure. And, as is to be expected when the state runs the banks, the lending goes disproportionately to state-owned enterprises (read: General Motors). These companies get 70 percent of the nationï¿½€™s investment capital (and the figure is rising) but only produce between one-quarter and one-third of all output in the country. An article by John Lee explains that Chinaï¿½€™s ï¿½€œm ove towards an unbalanced state-led model did not occur by accident but was the result of deliberate policyï¿½€� in the wake of the Tiananmen Square demonstrations. Prior to Tiananmen ï¿½€" when 80 percent of the poverty alleviation China has experienced took place ï¿½€" fixed-asset investment by the private sector grew at 20 percent per year. Since then, it has dropped to almost half that level. [1] In doing so, he might consider the total failure of the Chinese economyï¿½€™s state-controlled sector, a drag on its overall privately induced sensational economic growth. [1] Also America has the #1 economy in the world, even in our resecion. 0 Also next round I may have my own blog with a socialism post, and i will be used as a source If it is ready. State-socialism doesn't work and it never will. But letï¿½€™s prove it by following this theory through. The government (representing the poor masses) sets about to run the economy. This is the only way the "factors of production", which the government took off the rich, can be made public. You can leave them to the market and private hands, or you can have the government do it. There is no third option. Now letï¿½€™s see how the government does trying to run the economy. Such an approach is doomed to failure for a number of reasons: Complexity ï¿½€" A national economy is overwhelmingly complex. For example, America has over 20,000 different job categories (ref). To co-ordinate these by central diktat is probably impossible and certainly so within a reasonable time-frame. Frankly, it is socialist economics, though you can try to paper over that fact all that you want. When a government intervenes in a market, it upsets the dynamics of a market and forces inefficiencies. In fact, I would strongly argue that government is responsible for the high health care costs today. [2] Go to my 2 source for more info That is it for now, now capitalism and why it works, and better than socialism. Plus definitions (forgot to to give them above) Want to see how the great "socialism experiment" worked? Go ask Greece! Their failed socialist wealth-state policies have done them in: Challenges facing Greece: ï¿½ Debt/GDP ratio of over 150%, forecast to be 170% by 2013. [3] Socialism revolves around you live of of someone elses money, sounds good, or does it? You can't promise the moon forever. Eventually as the quote says: "you run out of other people's money". [3] Capitalism: Capitalism, on the other hand, isn't perfect. But it creates prosperity for individuals and for the economy. It gets businesses and individuals investing for the future. Capitalism works best because it is the only social and economic system that aligns itself with the combined human spirits of achievement, ambition, self-improvement, individualism, self-esteem, and initiative. This means less government intervention! Ronald Reagan was dead on when he said: "Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." This is not the way to get America prosperous again. We need to get people working again! We need smaller government, less social programs, and to get back to our American roots. Our country was founded upon faith, hope, and love. We, as a country, have tried so hard to keep God out of our country, but it is He who made us great. Without Him, we are just people. But through Him, we are extraordinary people who can accomplish almost anything. [3] Also people in capitalist society's are more wealthy on average. US vs Canada US=$45,759.46 per capita Canada=$38,065.13 per capita So almost 10,000 less Japan (capitalist) vs China (socialist capitalist mix)= Japan= $33,523.37 per capita China=$7,368.68 per capita South korea vs Croatia: SK= $24,589.77 per capita Croatia= $15,487.46 per capita http://www.nationmaster.com... So in a capitalist society your pretty well off. This is it for now, good luck. http://www.dickmorris.com... [1] http://www.rochesterconservative.com... [2] http://jayperoni.com... [3] http://www.nationmaster.com... [4]