News Focus
News Focus
Followers 39
Posts 12251
Boards Moderated 0
Alias Born 07/05/2006

Re: wall_rus post# 487886

Saturday, 05/29/2010 1:17:04 PM

Saturday, May 29, 2010 1:17:04 PM

Post# of 495952
at this juncture, we're pretty much on the same page....from past conversations I believe our divergence is a matter of "extent"....

Adding that to our previous understanding that folks taking egregious advantage of the system are "crooks", not Capitalists or Socialists per se, and add also our agreement that Capitalism and Socialism are ideals, not workable "isms", where do we disagree?



where the extent comes into play is, perhaps, in the "definitions"......

while I tend to lump the left together in a conversational sense, I do not consider socialism to be the ideal....rather, I view socialism as more of a pragmatic compromise between the extremes/ideals of capitalism and communism.....

capitalism is profit driven...

communism is allocation based....

socialism.....uses the communist concept of government allocation and repackages it to fit into democratic profit centers as "re-distribution"...

we tend to muddle economic systems and social systems...

capitalism operates best under conditions of liberty & freedom....that environment we most commonly call democracy....

communism works best in a totalitarian environment....

so, our disagreement is "mixture" of capitalist tools and social programs and where the line exists which determines socio-economic success vs failure......

I claim a nation should employ as few social programs as possible....and give business the least encumbered operating environment.




Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today