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Comparing capitalism and socialism

by aoidja

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Disclaimer: This is an idea of mine written down. Any infringement is not with intention. My solution to the problem I raised in this article is a smoked interpretation of my thoughts.

Note: I post this in hope to get critics, guidance or people who can is able to understand what I'm trying to say, to question and correct me.
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Start-

In regards to after reading the previous article by Matthew Owen. I totally agree on what he has said.

I only recently realised about this 'Capitalism' issue. I was never into political and economy theories until recently when I saw a recent episode of "American idol" trying to raise money to help those people in poverty.

It was only then, I shed a tear and thought. So what if they raised over 70million, all the money is like foreign aid to a nation. And in the end the money goes right back to where it came from. Nothing will change.

I never knew about the existence of "Permanent Revolution" but if it is anything alike the idea in my head, I second it right away.

I see this world's economy as a really huge bubble about to burst.

Although I am against Communism, I am not for Capitalism.

All the problem is with Capitalism to me, is that because of Human Nature. Greed. We all will from time to time want more. Capitalism further reinforces that.
No doubt your effort should be well rewarded. But because people keep wanting more, Capitalism becomes a double edge sword which people seldom realise.

If only we could fix the greed. But let's put that aside for now. Thus risen the idea of Communism and Socialism. While both are excellent in theory, again, human greed ruins it.

So the search for a 'perfect system'. I don't have a concrete theory of my own, yet, but one of the things I will work from is that this world is like a pie in a single point of time, any time. A pie for all to share, if equally would be communism. To each his own', mainly Capitalism in general.

This pie will never change, it has been constant since the world existed. With the emergence of the Giant of Asia, reaching out to get a bigger hold of the pie, no doubt many in China would have a positive change in living standard, but, because this pie is a scalar quantity, it only means someone else will have less, for sure.

The current holders of the pie will definitely either try to fight the giant for it, or try to nibble on some of the crumbs. In the end, someone has to lose. It means poverty would definitely


Below are the top articles rated and ranked by Helium members on:

Comparing capitalism and socialism

  • 1 of 13

    by Matthew Owen

    A problem which arises in comparing capitalism and socialism is that there is no consensus on the definition of eithe... read more

  • 2 of 13

    by Joshua B. Seth

    Capitalism and Socialism are both signatures of an economic system involving ownership of natural resources and prope... read more

  • 3 of 13

    by Andrew Freedman

    The best political system is a system where there is free speech, free elections, Private property rights and the gov... read more

  • 4 of 13

    by Stephen Carter

    The hallmark of socialism is 'etatisme', expanding the role of the state in the everyday lives of citizens at all lev... read more

  • 5 of 13

    by Maurice Sassoon

    As is best understood, socialism is a form of government in which property is owned by all the people. Ownership cove... read more

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Comparing capitalism and socialism

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