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Edited by Tiber of Astora:
7/31/2015 11:26:09 PM
13
With Which Theory Do You Align Yourself?
[b][i]With which political theory do you align yourself?[/i][/b]
Keep these economic systems in mind:
[b]Socialism[/b]-a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Synonyms-leftism; progressivism, social democracy; communism, Marxism, labor movement
[b]Capitalism[/b]-an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
Synonyms-free enterprise, private enterprise, the free market; enterprise culture
Socialism plays into collectivism just as Capitalism plays into individualism.
•Collectivism-the practice or principle of giving a group priority over each individual in it.
Alternate Definition-the political principle of centralized social and economic control.
•Individualism-a social theory favoring freedom of action for individuals over collective or state control.
[b]I will keep my written opinion out of this thread as to not taint the poll.[/b]
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4 RepliesEdited by FakeQuasiMixture: 8/1/2015 12:07:38 AMSocialism is only as good as the people who do the work. If you get paid the same for working harder, why would you work harder except out of your own generosity? If you get paid more for more work, then you would have a reason, albeit greedy, to do more. The only problem with capitalism is that people who don't want to succeed won't succeed. You could say they deserve it but does any human deserve poverty even out of laziness?
