Socialism Vs Capitalism

The American economy has been going downhill for years now, increasing the cost of healthcare, childcare, tuition, terminating jobs, and making it harder to get a career. Average Americans are struggling to live comfortably, therefore, 40% of Americans now prefer socialism over capitalism. Many believe that this type of change in our economy can help improve our debts and dilemma, however, it would do just the opposite of that. In the first paragraph of the article, ‘Alert! 40 Percent of Americans Now Prefer Socialism to Capitalism,’ Micheal Snyder states, “The United States never would have become an economic powerhouse without free market capitalism,” the American government understands this economic system after following it for years, so why back out now? Going under socialism, a new policy that we aren’t used to practicing in would only create more problems for our economy. Most people want socialism because they feel that the economy is being anything but helpful to its citizens. In previous years, being a college graduate was an accomplishment because it meant one could get a job in the upcoming years. However, now it doesn’t have that big of an
Even though the American economy is currently at a low, with one of the reasons being our capitalistic economy, its this capitalism that can help us reach back up to our throne. In time, new industries and businesses will open up creating jobs and servicing the community; If the government gets intertwined with this, the decisions made might not be in our favor, preventing many benefits from happening and there would be nothing we could do about it. Hence, in future years, capitalism may be a solution to our current economic problem, however, its not worth the diminution of our chivalrous, because the government would later prevent us from getting back