Thread: Why Socialism Doesn't Work

Originally Posted by dutchraptor

Is it even possible for an economic system not to carry an amount of disadvantages. Can anyone name an economic system that benefits everyone in the country?

As far as I'm concerned the most important factor in any country is education, no system will ever work fairly if the population is uneducated

That is why all schools need to be private. Capitalism gets things moving.

Originally Posted by Universal Mind

That is why all schools need to be private. Capitalism gets things moving.

Do you have any studies to back that claim? why couldn't a non-private school provide good education?
The best education systems around the world are usually regarded to be from socialistic countries.

I actually went ahead and watched the video you posted.... it's imbecilic at best.

Socialism is about instilling fairness into the community by giving everyone a similar chance. Instead of focusing on product, socialism focuses on how hard you work according to your own limits. The money you earn is equally influenced by what you are doing and how hard it is too fulfill the job.
Capitalism works by exploiting the majority, the competitive and greedy can thrive and become rich.

The reason capitalism is effective is because all focus is spent on cheap labor that will that will allow the more fortunate to thrive, pro-capitalists confuse this for an environment where anyone who works can eventually become rich. In reality the majority of the population is born into a disadvantageous position. By privatizing schools, poor people will never get the education they need to get a job to pay for their children's education. So the cycle continues and the rich are guaranteed a good life. Through inheritance never even has to work a day of their life.
Quality of life essentially revolves around income.

Socialism on the other hand works by rewarding people for working hard. Everyone gets the same initial chance at thriving, but the money they receive for two different jobs isn't necessarily the same. The amount of money you earn is proportional to the amount of work you put it, working as road-worker will get you the money to sustain your life comfortably, putting work into an education and getting a more demanding job will eventually provide you with a slightly higher income.
The beauty is that people will choose in what path they take their life based on their interests, not on the income they could earn. Overall, people are well educated and focused on the more important aspects of life while still living a lifestyle worth for a "westerner".

Whenever I use the word socialism, I'm referring to a specific kind that could work (excuse my lack of knowledge on the terminology involved, it's quite lengthy at times). Same goes for capitalism. You really can't say either works or doesn't since there are so many different strains.
Though I don't believe that pure capitalism can ever work, I do believe that socialism is a key component of a successful country. Every single study in the past decade proves that income inequalities cause more problems than they solve, not to mention that people do not get happier when you give them more money then they need to live comfortably. There is no reason why the wealth of a country should aggregate in a few peoples hands.