Socialism: A Capitalist Economy

American Capitalism is not like the typical pure capitalist economy. It is actually a mixed economy. The economy is mixed with Socialism and Capitalism. The general meaning of Socialism is “a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.” Capitalism is “an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.” An incentive is the hope of reward or the fear of punishment that encourages a person to behave in a certain way. American’s incentive to be a Capitalist Economy is money therefore the producers are inspired to produce.
The Social Safety Net is basically government funded programs like Wic, Medicaid, Disability etc. They are here to help people in need for the amount of time that they need it. That’s not the case though, not everyone tries to get out of it, instead they want to stay in the system. The article “Does the Social Safety Net Make Us Lazy?” is by a Noah Smith, a Bloomberg View columnist. In other words he is newspaper or magazine journalist. He was an assistant professor of finance at Stony Brook University. He also blogs at http://noahpinionblog.blogspot.com/ where he blogs about Economics, philosophy, and distraction from productive activity. He includes in his article something that Paul Ryan said which is, “We don't want to turn the safety net into a hammock that lulls able-bodied people into lives of dependency and complacency, that drains them of their will and their incentive to make the most of their lives.” Paul Ryan is a Politician who is the current speaker of the United States House of Representatives. He is a educated man who knows about what the United States is going through. His claim is that the Safety Net is not for people to depend on. The point of it is to help you when you need it, but it’s not for people to use their whole life. The ordinary people that use it should pick themselves back up and strive to get out of the system, but they don’t have an incentive to do so because they are being maintained by the government. There is absolutely no motivation to pick themselves back up. The article “It Pays to Work: Work Incentives and the Safety Net” by Isacc Shapiro, Robert Greenstein, Danilo Trisi, and Bryann DaSilva. Isacc Shapiro focuses on the research about primarily on the working poor, income distribution, and tax and budget issues. Robert Greenstein is an expert on the federal budget and domestic policy issues, including anti-poverty programs and many aspects of tax