Capitalism, Communism, Socialism, or other..which works best?

Discussion in 'Business & Economics' started by GeniusNProgress, Nov 20, 2005.

  1. GeniusNProgress Registered Member

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    Which Social Economic System is superior, in comparison to the others? Why? The three basic economic systems,as known, being capitalism, communism, and socialism. I'm aware the majority of the bulk of responses are strong personal opinion. Facts and past examples to support your opinion, is suggested. What characteristics of this system make it superior? :m:
     
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  3. spuriousmonkey Banned Banned

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    Capitalism: only the rich and healty have a good life but no time to enjoy it. Most people struggle.

    Socalism: equality and a government that cares.

    Communism: Have never seen a proper communist economic system
     
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  5. Baron Max Registered Senior Member

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    Didn't you forget the middle-class? Those people seem to have enough time and money to do everything and buy everything ...in fact, the middle-class basically supports all of the other classes and still has time and money to go to the movies and buy all of the damned goods in town!

    Equality? A government that cares? When did those two ever happen?? In fact, to my way of thinking, government and caring should never be used in the same sentence!! And has there ever been a successful socialist system?

    Baron Max
     
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  7. Dinosaur Rational Skeptic Valued Senior Member

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    It is a waste of time to argue this issue. With very few exceptions, those who back the various systems have faith based beliefs in their favorite political scheme. They almost all suspend their critical judgment capabilities (assuming they have any) and ignore any evidence from history.
     
  8. guthrie paradox generator Registered Senior Member

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    Which works best depends on which outcome you want.
     
  9. Baron Max Registered Senior Member

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    Well, even that's not so simple. "Works best" by whose determination? And "works best" for whom?

    Just the very term "works best" can be debated here until the cows come home ...perhaps longer!

    Baron Max
     
  10. Facial Valued Senior Member

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    Communism is the best, but I can also stick with socialism.
     
  11. devils_reject Registered Senior Member

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    Reformed socialism is the best. Well, remember it’s a combination of the two other systems. Sapiens are a group oriented organism so you need communism, and man is greedy so you need capitalism. The way to do this is to establish quotas on how much people and corporations can have in assets at any given time, all excess profits reinvested into the society's welfare by law. I have observed that the problem with many economic scenarios is how to evenly distribute wealth; it’s also the reason for severe poverty. In the U.S and many other countries the wealthiest 9% are capable of paying the taxes of every body else two years in a row. If quotas are implemented people will also find happiness in what they do. So the question now is who is to implement and administrate this quotas right? My far out idea is to build a single military state like those of Sparta of Greece, where all major weapons of the world will be kept. A place where it’s residents will be military men, women, and children only. This will also solve the problem of major wars and conflicts, a good thing because wealth today is usually synonymous with muscle power in many parts of the world. In fact if you look at the history of civilization wealthy nations have at one point in time invaded and influenced other provinces unilaterally. I also favor specialization. I believe your nationality should be based on your idea and aspirations. We should have geographic continents and nationality based on their specializing, such as manufacturing, nations specializing in services, philosophers and theologists, earth and astrological studies, animal and game reservatory, mathematics and science, and building and engineering, the earlier mentioned military, and even athletes and entertainers. Each group with it’s own reformed socialist economy, government and constitution. By the time these groups of people are grouped together civilization will get further in time and due to their great dependence on each other wars and conflicts will be subdued, in fact the only conflict you will have is breeding right, which can be settled in courts. So if I had a son and he wants to be a pilot he would apply for a service nation’s citizenship. These are my ideas. Otherwise we can continue to live in the meaningless sloth world of superficial, meaningless, and unconstructive differences, catapulting and propagating uncertain hopes and false promises.
     
  12. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    The rich have no time to enjoy it? What are you talking about? They do have quite a bit of time to enjoy it! Like... damn! Put $1,000,000 in a perpetuity today with an interest of around 10% compunded monthly and you never need to work again! You can enjoy life as much as you want!

    True.

    Hehehe.......

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    Yaba Daba! :m:
     
  13. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    Eh? What is that?

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    In which world do you live in?
    Oh wait! Is the fabrication in your mind that your country is actually developed....!!

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    Have you ever heard of the Human Development Index...?

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    If you look at the list, socialist countries are all at the top...
    http://en.wikipedia.org/wiki/List_of_countries_by_Human_Development_Index


    Dumbass capitalist........
     
  14. Roman Banned Banned

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    He was saying exactly what you're quibbling.

    Say you want economic outcome X, burdening people Y & Z while elevating K. In which case you choose economic system P with elements J & L.

    By the way, absolute capitalism leads to monopolistic enterprise and imperfect competition. This in turn causes a terribly inefficient market and everyone loses.

    A little bit of socialism supports the middle class.
     
  15. Gustav Banned Banned

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    all nations have mixed economies differing only on the degree of mix
     
  16. guthrie paradox generator Registered Senior Member

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    yup, indeed. there is no such thing as a truly free market. etc etc.
    A little bit of socialism helps cushion people against the frigid winds of global capitalism, where randomness and constant change happen.
     
  17. Dinosaur Rational Skeptic Valued Senior Member

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    The following is a myth supported by no historical data.
     
  18. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    That's true. With monopoly not everyone loses. The big monopolist pigs win- they get almost everything....

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  19. Baron Max Registered Senior Member

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    Name a few where that's occured in history ...and show that the monopolists "got almost everything" (and others/workers got little or nothing). I'm just curious about your source of evidence for that claim.

    Baron Max
     
  20. Dinosaur Rational Skeptic Valued Senior Member

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    You should not post such statements without any supporting evidence.
    • Truthseeker: With monopoly not everyone loses. The big monopolist pigs win- they get almost everything....

    • Roman: By the way, absolute capitalism leads to monopolistic enterprise and imperfect competition. This in turn causes a terribly inefficient market and everyone loses.
    While I have heard such claims many times, I have yet to see any historical evidence supporting them.

    Can you folks support your claims or admit that you are wrong? If you are like most who post here, there is no chance for the latter. I have occasionally admitted being wrong at this site, but I have yet to see anybody else do so. I suppose there have been somebody else admitting to error, but I never noticed such an admission.
     
  21. guthrie paradox generator Registered Senior Member

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    I always thought that the steel barons etc in the USA in the late 19th century were good examples of monopolistic enterprises. It is true that they got their monoplies partly by use of criminal tactics, but hey, thats just business, right?

    Then theres medieval and such guilds. They were useful as quality control measures, but could also keep goods expensive by restricting entry into the particular trade. Or licences were granted by the King to certain people to trade in certain products, so that these people had the monopoly and therefore could charge more than if anyone could trade in the product.

    Anyway, one has to ask what has happened to the software market? Does MS have a monopoly in it? If so, how do you explain it?
     
  22. Clockwood You Forgot Poland Registered Senior Member

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    The so called robber barons actually were not the devils everyone makes them out to be. They tended to take some segment of the market previously only touched by the rich and expanded it across the country, dropping prices along the way so as to let even the middle class or the poor make use of it.

    Tell me: Has microsoft kept raising prices so that only the elite can have computers? Is Walmart making shopping harder on you?
     
  23. TruthSeeker Fancy Virtual Reality Monkey Valued Senior Member

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    What!?!?!?!?!?!?!?
    What the hell!?!? Have you ever studied economics? Have you EVER analized a graph of monopoly or monopolistic competition!?! Like... what do you want me to do? Post the damn graph!?!?
     

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