Do you like capitalism?

Answer 1

The only way to go!
Communism is a bankrupt system.

Answer 2

Well with pure capitalism (laissez-faire) everything is privatized (including schools, services, etc...) and with pure socialism (communism) everything is owned and operated by the state.

Obviously, pure capitalism works about as much as pure communism (which is not at all). Capitalism is great for allowing personal freedoms and liberties, but it also does come with minor disadvantages - monopolized corporations, material lifestyle/culture, privatized health care, etc...

Also, as a college student, I've noticed the academic fields of science, social science, and art take a natural beating in terms of career pathways when compared to business degrees. After all, why be a starving artist or a college professor making 40k after 10yrs of school when you can go into marketing, accounting, HR, etc... making +90k after only 4yrs undergrad + 3yrs business (MBA) along with full benefits?

Overall, regulated capitalism (American capitalism) works better than Stalin-style extremist communism, that goes without question. As for how middle-of-the-road socialism (or is it just very regulated capitalism?) works out, ask the western European liberal democracies... they usually don't complain.

Answer 3

I think its the worst economic system there is except for all the other ones. If capitalism is so bad why do all the best countries in terms of the liberty of their people and their standard of living practice some form of it and most if not all of the worst countries practice some other economic philosophy? Which way are the people trying to go? Are they "escaping" capitalist countries to get a better life or is it the other way around? Give me the capitalism and a government that keeps the marketplace free.

Answer 4

Get rich quick schemes in the capitalist business world, (buyouts, IPOs, conglomerates, acquisitions, mergers, and the stock market), do not actually work. Remaining solvent does not actually exist within false economics capitalism.

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 is the persons paying the monthly business loan payments of companies voting at work in order to control the property they are paying for.

Capitalism is the psychology of imaginary parents, false economics, and the criminal deception of employees that are paying the bills (including the stocks and bonds, or shares) of companies.

Anti-democracy republicanism is the psychology of imaginary parents, and false government.

Answer 5

What's Not to Like? This is one of the very few countries where a poor person can get a good public school education if he applies himself,gain a college education or learn a trade ,start a business, not be held back by a caste system; and through his own efforts, own property, run for public office become a pillar of his community not through family ties but by who he is.

Answer 6

I'm no ecomonic scholar, but in my layman's opinion...
Capitalism is the extreme form of Free Marketism, similar to how Communism is the extreme form of Socialism.
A Free Market does work best, so long as fair trade practices are enforced, and there is some balance of ethical oversight.
Capitlism, being the extreme for mof this, fails in the oversight and fair practice department, allowing for monopolies, price gouging, and deceitful trade practices.

Answer 7

Big D, sea link2, and lmn78744 have the most rational answers on here. Add resilience and Bluefast to that list.

googie demonstrates his typical conservative ignorance through the two socialist examples he cites:
* public school
* the GI bill

My own opinion: yes, when properly regulated, as FDR did until Reagan sabotaged his New Deal. You can't have an effective socialist system without a solid basis of capitalism, and you can't have democracy without a strict set of regulations to keep fascism at bay.

And you can't have an intelligent discussion without some conservative a**hole using his thumb to diss concepts his "mind" can't grasp.

Answer 8

Yes, I do.

Why haven't people learned about the failure of communism by now?

>woot21215: What do capitalism have to do with absolute power? Look who has the power in socialist and communist nations; they have absolute power.

Answer 9

Absolutely.

Answer 10

It's the only economic system that respects and rewards freedom of choice, hard work, risk taking, and smart choices.

It's the only economic system where people benefit directly as much as they are able to provide valuable goods or services to their fellow man.

What's not to love???

Answer 11

Depends. Pure capitalism? Nope. You need government interventions into the economy to smooth out cycles and all that Keynesian stuff.