Capitalism vs socialism

"Socialism promotes the formation of a classless society in which equal opportunities are provided to all, this also helps in maximising the potential of each individual, and this view is shared by technocratic socialists. EQUALITY OF OUTCOME:"This is why capitalism is better. Brain drain. When everyone gets treated/paid = then smart people leave to capialist countries becasue their work will yeild success, and the dumber people will enter the country because sociaism ewards te poor and the lazy, not the smart and the hard working. Also you have proved no benifit to your case. "The wealth of the earth belongs to all men or none. Capitalism advocates the concentration of wealth, resources and power in the hands of few people."This is used against capitalism all the time, and no it doesn't advocate that at all. It advocates if you work then you get rich. If you don't you become/stay poor. Also what benifit is there to having all having the same money? explain this. Also Karl marx: "to each according to his ability, to each according to his need". Well he naver answrs one question: Who gets the money? And why? Why do they deserve it? So soialism has unanswered questions that lead to uncertianty. "The values of kindness, honesty and goodwill for all, are what set humans physiologically apart from animals, these values are showcased throughout the system of socialism."This is an economic type debate. Why do we want this! Econmically those points are a failure, lets look at history:USSR-failedVietnam-failed when the USSR didNorth Korea-people sarving in the streets, their economy is less than missisipis. FailedCHina- when they where socialist they failed. Now they reformed the system allowing enterpenurship. So they saved themselves through capitalist reforms. Cuba-failingetc. History repeats itself, socialism sucks."Capitalism causes the degradation of artisans and craftsmen, to routine machine-like work. Capitalism has absolutely no space for the natural or acquired talent of people."Actally its the opposite. In capitalism you get rewarded through hard work and talent. In socialism you get neither. You get paid as much as the guy next to you, so it creaes laziness because you will still get that pay check. So capitalism actually has moreroom for that then socialism. "In a socialist system, society is ruled and controlled by the people"Really? So why did in Nazi Germany (yes economic socialists) give no freedom. Ho about east germany? USSR? Cuba? Canada is taking them away slowly? Vietnam? Capitalism is FREEDOM OF CHOICE! in soialistic societys the goverment owns you, your supplies, and eerything you know. What they say goes. Also capitilism is parially run by money, as that is why it succeds. Benifits, and incentives are capitilist. Would you rather make things and make more money, or make things and receive the same amount of small wages your dumb neighbor gets. In economy incentives make you go round and round. In socialistic countries you have No freedom of choice, or incentives. Your argument is a fallacy. "Socialism has provisions and rights for the welfare of people, like the right to work, the right to education, the right to free health care at the point of use etc"Well ecoomically it doesn't work. And free health care isn't free, it involves huga amounts of taxes. The right to work doesn't economically hold up because the employer won't have enough money to pay the employees, especially if he gets paid as much as them. Right to education is in this country to. public schools, the goverment makes you goto school, homeshool, public, private. So in a capitalist society you get that benifit. And for those of you who like that healthcare then obamacare will give it to you, in a capitalist society. This argument too is a fallacy."Capitalist monopolies lead to certain individuals earning obscene amounts of profits, by selling products and services at exorbitant prices."False, monompiles have never occured for long periods of time in our country. They are short lived. In a socilist company the goverment is the monopoly, and they will do what u said above, raise prices. So do you want goverment beurocrats or yourself dealing with economic needs? I choose self. So should you. "Socialist economies are well planned and focus more on human happiness and unity rather than the glorification or gratification of a relatively small group of the population of a nation."COrrect nice over economy. Fail of an argument because profit = money, oney = good economy. Happiness = great. but = well how about the economy? Sure the poor are happy, but our economy is in the tube look at greece. "America is a capitalist nation and is now in a great debt crisis"Actually so is greece. And their sami-socialist economically. It is not an economic system that does this, its the goverment. Socialism calls for more spending, capialism doesn't. Obama has tried kesyian and socialist economics. It has failed. And increased the debt. Also at least we arent like greece, riots. Italy-brink of riots. Greek GDP: $304.87 Billion US dollars at current prices - 2010 Source: World Bank, World Development Indicatorstheir debt: 341, 424, 616, 718 and rising, in euros too. The number above is in US dollars, lets multipy it by divide teir debthttp://nationaldebtclocks.com...their debt in $: almost the size of their economy. Also their inflation is higher then ours, yes a socialist country is worse off. "China, a socialist nation, owns the largest amount of foreign debt in The United States Of America"So? They are a 3rd world nation (they pee on the streets...ew) and also the only reason their economy is rowing is because they have had capitalist reforms allowing enterpenureship, after those reforms they econom boomed. So a few capitalist reforms saved them. "The United States Of America also showcase a large number of bank failures with their capitalist economy."GOOD! the banks choose and did dumb things, their problem. May unds cruel, but when the economy was truly capitalist like 1900 and before) the banks rerely defaulted. And guess what, 2 goverment agecies and 2 no 3 people caused this. Freddi mae, freddi mac. Their regulations fored the housing bubble and forced the banks to intervene. Goverment forcing a decline, socialist goverments do this all of the time. Barney frank: his commitie passed other regulations on the housing and banks to, again, the goverments faultBill Clinton: Did what barney frank didGeorge W. Bush: Failed to react by killing the laws and regulations.So the goverment made the problem, and guess what, socialist countries control the economy and make the same mistakes. "So much for a capitalist economy being efficient!"Then tell me why even in the case of this madness our economy is still the best? No govrment agancy is efficient, so under socialim it slows things down."The Scandinavian countries (Sweden, Finland, Norway, etc.) are consistently rated the best places to live"It's cause those countries are small. Socialism works well in small countries, but in countries bigger than those then it fails. You forgot switzerland, the most capitalist country. "ensure that anyone can receive the medical care they need"my dad (doctor) says that their healthcare system is terrible.Actully the only socialist countries are here: http://en.wikipedia.org..."Several Socialist organizations are thriving"the countries in that wikipedia suck. I am out of room, this article explains the arguments I would have made i I have room: http://the-dp-is-good-always.blogspot.com...