capitalism, socialism, and libertarianism help?

Question

What's the difference between capitalism, socialism, and libertarianism? I think capitalism has to do something with money and socialism maybe putting gov or other people first? Can someone please help...

Answer 1

They are like talking about apples and oranges, You could conceivably have all three, or two or none of them at the same time.

Capitalism is an economic system where people put up money to buy or create a business that can have enough control of the markets to make enough excess profits to make income for the money.

This is different from Free Enterprise where anyone can create that business so if efficiency and prices are out of line they will not sell and the business will fail, so everyone works as hard as possible for as little as they can .manage.

Socialism is a government system that tries to do what is best for the majority of people. They may push free enterprise, or they may have Capitalism, but have laws to restrict how much the capitalist gouges the system, either in environmental shortcuts, abusing or exploiting employees, or other really unethical ways to exploit their advantage. In cases of easy monopoly, the government may be the capitalist, rather than try to control what is essentially a separate government.

There are two types of Libertarian, The liberal type wants to be free from people making decisions about how they live their life, but wants the same for everyone else, that to own something is to be responsible for anything involved with what you own,

The fascist type wants to be the only person to make decisions about their life, but doesn't care who gets hurt by their decisions, as they are usually the ones with money they want the fact that they "own" things to be reason enough to damage others in their free ability to decide what to do with what they "own", with no accountability to anyone not bigger than they are, and then gripe about them. They see themselves a Pirates and are proud of it.

The Fascist type hate Socialism because it is what is best for most people, and Fascist Libertarians want only what is good for them alone.

Answer 2

Well, many of the ideals set forth by these political systems you have named make a lot of sense on paper but, as humans, we have a way of screwing up a good thing. There is no one-size-fits-all solution to cultures across the board. Capitalism through Democracy seems to work but it also creates problems. If you look throughout history there have really been no new ideas for hundreds of years. Pretty much every political system imaginable has been tried at one point or another in time. Some have lasted a while but it seems that no matter which system we choose corruption always creeps in and destroys the economy and ultimately the country or state that it was designed to protect.

Answer 3

Capitalism means allowing corporations to control the government with profit going to the super wealthy..... at least that is what it is at the moment,,,

socialism is the government regulating, as to not allow any one corporation complete control over an industry, and an emphasis on the rich helping the poor...... they see the strength of a country comes from the group,,,,,

a libertarian seems to be someone who believes in the power of the individual with little to no help for the poor, and an emphasis on personal freedoms,,,,,


lol.......lloook at all these different answers,,,,,, how confusing is that...... this shows why it is so confusing,,,,,,people slant the meanings the way they want,,,,,,,,,including me,,,,,,

Answer 4

Capitalism is a Free market controled by the people. (United States is one).
Socialism is Communist, they try to be equal to the people, but the government controls business and where you work.
I'm not sure what libertarianism is, I think it has to do with trying to be completely liberal, but I'm not sure.

Answer 5

Capitalism is all about the free trade of goods & services without any Govt. interference.

Socialism is about keeping everybody poor & govt. has complete control of your life.

Liberatianism: is Capitalism combined with social liberalism. The best of both worlds.

Answer 6

Capitalism generally refers to an economic system in which the means of production are mostly privately or corporately owned and operated for profit and in which distribution, production and pricing of goods and services are determined in a largely free market. It is usually considered to involve the right of individuals and groups of individuals acting as "legal persons" or corporations to trade capital goods, labor and money (see finance and credit). The term also refers to several theories that developed in the context of the Industrial Revolution and the Cold War meant to explain, justify, or critique the private ownership of capital; to explain the operation of capitalistic markets; and to guide the application or elimination of government regulation of property and markets. (See economics, political economy, laissez-faire.)

Socialism refers to a broad array of doctrines or political movements that envisage a socio-economic system in which property and the distribution of wealth are subject to social control.[1] This control may be either direct—exercised through popular collectives such as workers' councils—or it may be indirect—exercised on behalf of the people by the state. As an economic system, socialism is often associated with state, community or worker ownership of the means of production.

In the United States and other English-speaking countries, libertarianism is a political philosophy maintaining that every person is the absolute owner of his or her own life and should be free to do whatever he wishes with his person or property, as long as he respects the liberty of others. There are two types of libertarians. One type holds as a fundamental maxim that all human interaction should be voluntary and consensual. They maintain that the initiation of force against another person or his property - with "force" meaning the use of physical force, the threat of it, or the commission of fraud against someone - who has not initiated physical force, threat, or fraud, is a violation of that principle (many of these are individualist anarchists or anarcho-capitalists). The other type comes from a consequentialist or utilitarian standpoint. Instead of having moral prohibitions against initiation of force, some of these support a limited government that engages in the minimum amount of initiatory force (such as levying taxes to provide some public goods such as defense, law, and roads, as well as some minimal regulation), because they believe it to be necessary to ensure maximum individual freedom (these are minarchists). Anarcho-capitalist libertarians believe that a free market can adequately provide these functions via private defense agencies, arbitration agencies, toll roads, and the like. Libertarians generally do not oppose force used in response to initiatory aggressions such as violence, fraud or trespassing. Libertarians favor an ethic of self-responsibility and strongly oppose the welfare state, because they believe forcing someone to provide aid to others is ethically wrong, ultimately counter-productive, or both. Libertarians also strongly oppose conscription because they believe no one should be forced to fight a war they oppose.

Answer 7

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