Monday, July 16, 2018

Socialism vs Capitalism

Capitalism says that people are the best judges of how to spend their own times and resources.

Socialism says that the government elites are the best judges of how people should spend their time and resources.

Capitalism assumes people are competent functioning adults.

Socialism assumes that most people are incapable of running their own lives; only the elite are smart enough to decide how people should live.

Capitalism assumes that people are responsible enough to manage their own affairs.

Socialism assumes that the vast majority of people are irresponsible and must be controlled by the elites.

In the real world capitalism produces wealth, longer lifespans, and better health.

In the real world socialism produces poverty, income inequality, poor health, and shorter lifespans for the vast majority while providing amazing wealth to the elites.

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