What distinguishes capitalism from socialism? Under each system, how are economic decisions made? Is one better than the other in terms of making ‘good’ decisions about the use of scarce resources? Explain.
Posted on December 3, 2012.
What distinguishes capitalism from socialism? Under each system, how are economic decisions made? Is one better than the other in terms of making ‘good’ decisions about the use of scarce resources? Explain.
Capitalism is deception about ownership of companies. There are all new companies, stores, restaurants, and banks every 4 years, and an average employment duration of 1 year within false economics capitalism, (that is possibly a secret homelessness without health insurance death camp). Remaining solvent does not actually exist within false economics capitalism.
Get rich quick schemes in the capitalist business world, (buyouts, IPOs, conglomerates, acquisitions, mergers, and the stock market), do not actually work. Profit existing in the capitalist business world, or millionaires existing within capitalism, is pathological deception committed by the 21 organizations spying on the population with plain clothes agents, (with covert fake names and fake backgrounds).
Actual economics, for example, Socialism), is the persons that are paying the business loans of companies voting at work in order to control the property they are paying for. The employees of companies are also paying the expenses of companies beyond their own salaries.Capitalism is imaginary parents psychology, false economics, and criminal deception of employees that are paying the bills (including the stocks and bonds, or shares) of companies.
Capitalism means the private, and socialism the public ownership of the means of production.
It is nonsense to suggest that socialism is motivated by the “welfare” motive. According to that theory, millions of people starving to death is good for their welfare.
Capitalism is that form of market influenced by profit motive, while socialism is motivated by welfare motive. For your info modern era has witnessed downfall of socialism.