Free Market Capitalism is Overall a Better System Than Socialism.

First I will argue that Free Market Capitalism is not as fair as Socialism. (On the subject of Free Market Capitalism) The biggest flaw that it has is that it causes Economic Disparity and facilitates exploitation. The main purpose of a Private Sector company or corporation is to "Maximise shareholder value" or in other words increase profit. There are no vehicle companies that make cars for the protection the environment , the only reasons that they make cars "fuel efficient" is because it sounds more appealing. There is a reason why electric cars are so rare today, because cars ran by gas are easier and cheaper to produce. Hench forth having a greater potential to sell than electric cars, no matter the damage it does to the environment. Corporations always put Profit over all, even Human Rights. One of the most disturbing examples is Shell: In the Nigeria there was once a large conflict between the indigenous Ogoni people of South Eastern Nigeria and Shell. Shell wanted to mine oil in areas that were Ogoni land. Over decades Shell was aloud the destroy more and more Ogoni to mine for oil. All attempts the Ogoni made at peaceful protest to this was responded with brutality by the Nigerian Military. By the 1990's the violence grew to such a degree that Ogoni academics labeled it a genocide. Thousands of Ogoni were killed even more were left displaced and Shell facilitated the whole thing. This is just one obscure example, I haven't even scratched the surface yet. A more famous example would be Nestle. In 2001 it was discovered that a large portion of the cocoa used to make chocolate came from in The Ivory Coast. Small farms which didn't have much government oversight. In total these Farms kept over 600,000 children in Slave Labour conditions. And the practice kept on going until 2012 when an investigation just began to showed the true extent to their actions. The report included information on indentured children with obvious machete wounds, and entire families being forced to work without pay. Just more proof on how Corporations have only one true purpose that is to make more money, no matter the amount of human rights violations that they whether facilitate or directly participate in. This is why Free Market Capitalism cant work. By giving less and less restrictions on these corporations you only give them more power to abuse. It is like decriminalizing murder and just hoping that people are ethical enough to just not commit it. By restricting these corporations you give them deterrence just like how criminalizing murder gives people deterrence not to commit it. Con mentioned before that Socialism is unfair because it encourages taxes: However every country with a centralized government, Capitalist or Not requires citizens to pay taxes. It is what pays for social programs like education, health care and welfare. Most Socialist countries use income tax, meaning that the amount of money that one is taxed fluctuates depending on the individuals income, so that no matter how much or how little money one has they can still be able to pay taxes without the feeling of burden. Sources: 1. http://www.ariel.com.au... 2. http://listverse.com... 3. http://en.wikipedia.org... 4. http://www.hrw.org... 5. http://www.theguardian.com... 6. http://www.salon.com... 7. http://www.bbc.com...