Posted on 07/17/2015 6:56:24 AM PDT by Paul46360
Capitalism vs Socialism - Economics 101 - Reagan vs Obama
The bus known as Greece (as well as most of the rest of Europe) has just finished the first half of that sentence and will be well on its way to the second half shortly.
With luck, we will get off that bus in 2016.
2017 is year we can get off this bus, not 2016 - though I do understand what you mean.
Comparing Capitalism to Socialism is incorrect.
Socialism is a form of government and Capitalism is an economic form. What makes the comparison bogus is that Capitalism exist under Americanism, Fascism, Socialism, and Communism.
The correct comparison is between who owns and controls the capital under Americanism, Fascism, Socialism, and Communism.
Only under Americanism may the individual own their property privately.
Only under Americanism does the individual enjoy a government constitutionally bound to make the protection of the individual’s property their primary function. The government is obligated to protect the property rights of all citizens at all cost.
Agreed..except that I feel that the most basic idiot needs to see a comparison that is simple before more education.
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