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reformist2

(9,841 posts)

16. It's really not clear at all which is better at creating overall "wealth."

Reply to sibelian (Original post)

Fri Mar 7, 2014, 09:13 AM

Mar 2014

The US is the most obvious example of what capitalism can do. But people forget, the USSR under extreme socialism took a completely backward nation and turned it into the #2 global superpower.

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Capitalism and Socialism have differing aims and cannot really criticise each other... [View all] sibelian Mar 2014 OP

Worst than that... nadinbrzezinski Mar 2014 #1

It's infuriating!!!! sibelian Mar 2014 #7

Alas you just described nadinbrzezinski Mar 2014 #11

In America, Capitalism is not an economic system. Maedhros Mar 2014 #26

It's the oversimplification of complex economic systems. NuclearDem Mar 2014 #22

It is nadinbrzezinski Mar 2014 #24

Exactly so. sibelian Mar 2014 #27

My choice is in my handle.... socialist_n_TN Mar 2014 #2

Capitalist theory makes a clear claim that it can bring success to rich and poor alike. Gravitycollapse Mar 2014 #3

My only problem is with people that don't know the difference between socialism and communism. Rex Mar 2014 #4

I live in Scotland. We are TOTES socialist. sibelian Mar 2014 #12

Well, yes, but in a kilt with bagpipes. NuclearDem Mar 2014 #20

I need milk for my bagpipes. sibelian Mar 2014 #21

I disagree strongly. They have the same goals. cthulu2016 Mar 2014 #5

That's about the dumbest thing I've ever heard anyone say about any political system sibelian Mar 2014 #8

Ok, my head officially hurts nadinbrzezinski Mar 2014 #10

Capitalism does not generate wealth, PowerToThePeople Mar 2014 #6

... and largely it works. sibelian Mar 2014 #9

This is the only way exponential wealth is possible. joshcryer Mar 2014 #14

Socialism generates log(n) wealth. Capitalism generates exp(n) wealth. joshcryer Mar 2014 #13

Name a single country that doesn't have some mix of Socialism and Capitalism. Bandit Mar 2014 #15

It's really not clear at all which is better at creating overall "wealth." reformist2 Mar 2014 #16

First man in space. sibelian Mar 2014 #17

Exactly. I wonder where would we be now if we didn't have the USSR to light a fire under our butts! reformist2 Mar 2014 #18

Probably also a lot less nukes... sibelian Mar 2014 #19

You have not watched the Alien Files, have you? nadinbrzezinski Mar 2014 #25

Thank you for posting n/t PasadenaTrudy Mar 2014 #23

I may have this all wrong.. stillcool Mar 2014 #28

Yes. Ultimately the flaws in capitalism are the same as the flaws in socialism. sibelian Mar 2014 #29

Sure they can. LWolf Mar 2014 #30

.... hnk! sibelian Mar 2014 #33

. LWolf Mar 2014 #34

Great OP, I'm surprised it didn't get more votes. Starry Messenger Mar 2014 #31

Well, thank you. sibelian Mar 2014 #32