which works better Capitalism or Socialism or Communism?
Answers
Explanation:
Communism and capitalism are both fruit of the poison tree. They look good on paper, but they never work out in practice.
The idea behind communism is that everyone shares and lifts each other up. When we’re all helping each other, life get’s better right? But the problem is that without self-interest, people have little motivation to work hard. They do the bare minimum and the country doesn’t progress. There’s little innovation or invention and usually economies become stagnant and struggle to keep up with the rest of the world. Historically, communist ideals are also instituted under dictatorial military regimes (which arguable could be said are not communist at all.)
So instead of everyone sharing, let’s make everyone work for what they want! In capitalism, if you work harder, you get more. Everyone has the chance to get more if they want it, right? But unfortunately, this is just as inaccurate. In purely capitalist societies, the only way to become rich is to be born rich. They typically fail to protect workers and create an insurmountable rift between the rich and the poor. When poor health, pay and living standards are universal across all industries, there’s no competition between companies to treat employees better, leaving workers trapped in awful jobs without options just to survive. Those who remain wealthy typically are that way because they were BORN wealthy, not because they earned it, and those who are born poor can’t afford higher education, business loans, real estate or any of the means they might need to try and cross the gap. In addition, these societies have ALWAYS shown an extreme discrepency between different races, with no compensation for racial or gender bias. Many will claim “high tide raises all boats” but historically, the high tide just creates a wider gap between the rich and poor. Basically, purely capitalist societies default to an oligarchy where the rich rule the world and the poor are their servants.
Socialism gets a bad rap. While it can certainly be taken to extremes, socialism basically means a moderately regimented market that protects healthcare, minimum wage and some workers interests. There are programs to help the poor, accessible (but not always free) education and protections to prevent racial or gender based impropriety in hiring and access. Companies still have the freedom to compete and try to make profits, but they are expected to pay their employees fairly along the way. People who work full time are expected to be able to live a reasonable standard of life. Basically, if someone is working 40 hours per week, they shouldn’t be in poverty (as they are in the current system.)
We should also remember that technically the US is already a socialist program. Things like social security, medicare, military benefits, etc etc. are all socialist programs. The ideals of America (give me your poor, your tired, a bill of rights to all citizens, etc.) could easily be called socialistic principals. While democracy essentially a system of voting, socialism is an ideology that pervades many of the things that we think of as democratic.