>>>>>>>>>>>>>>>>On the other hand, capitalism utilizes the willpower of individuals, especially entrepreneurs, to foment economic activity.
That’s storybook horseshit. Altho that is true, fundamentally, the truth is that people then use their ingenuity to deceive; it’s rampant.
>>>>>>>>>>>>>>>>>Capitalism is based on the assumption that individuals operate based on self interest; however, by doing so they not only help themselves, but also propel others towards economic success.
More horseshit. The first part is true, the second part is where Marx refers to exploitation.
>>>>>>>>>>>>>>>>>As Adam Smith put it, "by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for society that it was no part of his intention. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it."
Sounds flowery, but fails to address corruption, homelessness, or those who do not have the capacity to strive on their own. I am a skydiver, former motorcycle road racer, etc. I can out-drive most people on the roads at any speed, yet I have to drive as fast as the least able person can drive. It’s frustrating, but that’s fair. Some people are really good at collecting money and building business, but most are not. So to keep a fair system we must have a standard that creates equity to all.
>>>>>>>>>>>>>>>>>I was given an assignment by a teacher in high school to write a paper on whether capitalism or communism would be better in "a perfect world."
Yea, hypothetically I was given the same assignment, but the question was whether the blackest black is better, or the whitest white. I failed because I stated that an intermediate grey was best. I like extremes for contrast, but in real-world situations we have to enact reasonableness and comparing capitalism to communism doesn’t do it.
>>>>>>>>>>>>>>>>>On first glance, communism seems to be the obvious choice, but if it were a perfect world, then not only would people work hard to support their families and progress individually, but even capitalists would be willing to donate to charities, etc. I believe that in a perfect world, a very similar outcome would occur in either communism or capitalism.
I think at first glance capitalism looks better, but then you need to enact serious restrictions while allowing general free trade.
>>>>>>>>>>>>>>>>>The communist societies that have been or are being attempted are really not communist societies at all, although they try to be. The USSR, for example, attempted communism but ended up being way to totaliarianistic--in stead of everyone working for the benefit of the society, there was a group of individuals with total power (Joseph Stalin took this role for a quarter century).
Apples / oranges. Communism, socialism, capitalism, fascism are monetary systems in that they describe the means of production, whereas totalitarianism describes the system of physical societal control and political appointment. Just as democracy doesn’t describe the type of production we have, it describes the form of government and political process. I see these confused all the time. To be fair, we often see typical scenarios as with communism and totalitarianism, but Fascist Nazi Germany was a democracy, as Hitler was elected, so we cannot automatically assimilate communism with totalitarianism or any other systems as the same.
>>>>>>>>>>>>>>Today's China is the same way--there is a centralized bureaucracy that calls all the shots. In both of these cases many people are forced to take part in the society against their own will.
Oh, such as having, “God” in the pledge. Yea, that communism is horrible. Shall we talk utilitarianism and America?
>>>>>>>>>>>>>>The Soviet Union obviously didn't work and China is becoming more prosperous only as they allow their economy to be more capitalistic.
Agreed. Here’s one for ya….. American Capitalism is falling apart too; which way are we gonna go when the wheels fall off? BTW, the wheels are falling off as we speak/write. Do you want to argue that American Capitalism is not falling apart?
>>>>>>>>>>>>>Taiwan, China's capitalistic counterpart, is years ahead of China on almost any measure of prosperity.
Yes, but their stint on being communist was brief after China gave Taiwan to Japan. They’ve largely been anti-communist after they seceded from China. A great model, but not a great comparison to mainland China.
That’s storybook horseshit. Altho that is true, fundamentally, the truth is that people then use their ingenuity to deceive; it’s rampant.
>>>>>>>>>>>>>>>>>Capitalism is based on the assumption that individuals operate based on self interest; however, by doing so they not only help themselves, but also propel others towards economic success.
More horseshit. The first part is true, the second part is where Marx refers to exploitation.
>>>>>>>>>>>>>>>>>As Adam Smith put it, "by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for society that it was no part of his intention. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it."
Sounds flowery, but fails to address corruption, homelessness, or those who do not have the capacity to strive on their own. I am a skydiver, former motorcycle road racer, etc. I can out-drive most people on the roads at any speed, yet I have to drive as fast as the least able person can drive. It’s frustrating, but that’s fair. Some people are really good at collecting money and building business, but most are not. So to keep a fair system we must have a standard that creates equity to all.
>>>>>>>>>>>>>>>>>I was given an assignment by a teacher in high school to write a paper on whether capitalism or communism would be better in "a perfect world."
Yea, hypothetically I was given the same assignment, but the question was whether the blackest black is better, or the whitest white. I failed because I stated that an intermediate grey was best. I like extremes for contrast, but in real-world situations we have to enact reasonableness and comparing capitalism to communism doesn’t do it.
>>>>>>>>>>>>>>>>>On first glance, communism seems to be the obvious choice, but if it were a perfect world, then not only would people work hard to support their families and progress individually, but even capitalists would be willing to donate to charities, etc. I believe that in a perfect world, a very similar outcome would occur in either communism or capitalism.
I think at first glance capitalism looks better, but then you need to enact serious restrictions while allowing general free trade.
>>>>>>>>>>>>>>>>>The communist societies that have been or are being attempted are really not communist societies at all, although they try to be. The USSR, for example, attempted communism but ended up being way to totaliarianistic--in stead of everyone working for the benefit of the society, there was a group of individuals with total power (Joseph Stalin took this role for a quarter century).
Apples / oranges. Communism, socialism, capitalism, fascism are monetary systems in that they describe the means of production, whereas totalitarianism describes the system of physical societal control and political appointment. Just as democracy doesn’t describe the type of production we have, it describes the form of government and political process. I see these confused all the time. To be fair, we often see typical scenarios as with communism and totalitarianism, but Fascist Nazi Germany was a democracy, as Hitler was elected, so we cannot automatically assimilate communism with totalitarianism or any other systems as the same.
>>>>>>>>>>>>>>Today's China is the same way--there is a centralized bureaucracy that calls all the shots. In both of these cases many people are forced to take part in the society against their own will.
Oh, such as having, “God” in the pledge. Yea, that communism is horrible. Shall we talk utilitarianism and America?
>>>>>>>>>>>>>>The Soviet Union obviously didn't work and China is becoming more prosperous only as they allow their economy to be more capitalistic.
Agreed. Here’s one for ya….. American Capitalism is falling apart too; which way are we gonna go when the wheels fall off? BTW, the wheels are falling off as we speak/write. Do you want to argue that American Capitalism is not falling apart?
>>>>>>>>>>>>>Taiwan, China's capitalistic counterpart, is years ahead of China on almost any measure of prosperity.
Yes, but their stint on being communist was brief after China gave Taiwan to Japan. They’ve largely been anti-communist after they seceded from China. A great model, but not a great comparison to mainland China.
