Why Is Socialism Better Than Capitalism
The debate over capitalism and socialism has been going on for very long time. Is capitalism superior to socialism, or is socialism superior to capitalism? This question is frequently brought up and there have been many arguments about it. There are many people who think capitalism is the best economic system, while many others think there is nothing better than a socialist nation. Though some people think socialism is good, today, capitalism is the superior system and America is one example of its on-going success. Capitalism is good for industrialized nations like America because, as seen in America, there is low unemployment, low interest rates, high standards of living, and companies are using technology and creating high quality products.
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Capitalism is superior to socialism because of many reasons. One might be that it has failed when capitalism has succeeded many times. Socialism is a economic system in which the government owns the industries and its goals are to bring a classless society. People working in a socialist society would always get the same amount of money. Everyone, no matter what job they had, was paid the same amount and had the same benefits. Because of this, people would not care about making products, and would not do their best in their jobs. "Since they don't own the business, can't control the course of their own careers, and don't stand to gain or lose from their actions, the workers' predominant attitude is apathy" (Opinion Center, p.7). People did not care if they succeeded in increasing production because they did not benefit from it, other people did. Besides the benefits of work, socialism is inferior socially because since the goal f socialism is to have a classless society, the right of free speech would be limited or taken away, travel would be limited, expressions of art would be restricted, and most important of all, any type of religion would be
Capitalism is superior to socialism because of many reasons. One might be that it has failed when capitalism has succeeded many times. Socialism is a economic system in which the government owns the industries and its goals are to bring a classless society. People working in a socialist society would always get the same amount of money. Everyone, no matter what job they had, was paid the same amount and had the same benefits. Because of this, people would not care about making products, and would not do their best in their jobs. "Since they don't own the business, can't control the course of their own careers, and don't stand to gain or lose from their actions, the workers' predominant attitude is apathy" (Opinion Center, p.7). People did not care if they succeeded in increasing production because they did not benefit from it, other people did. Besides the benefits of work, socialism is inferior socially because since the goal f socialism is to have a classless society, the right of free speech would be limited or taken away, travel would be limited, expressions of art would be restricted, and most important of all, any type of religion would be