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#178
Old 11-13-2012, 07:04 PM
One_Tycoon
Property Rights
 
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Quote:
Originally Posted by Danieltapia View Post
I don't support socialism because I don't think it would work, but isn't there socialism in a capitalist world like welfare and medicare and in societies that are supposed to be socialist, there are people that are richer and better off than others sometimes based on their importance in that society. I don't know that much about all this but it doesn't seem like there has been a true socialist society and even in capitalist societies there is some form of socialist behavior going on. To me it seems like they are just terms or ideas that don't work without some form of the other present.

It's ok if someone tells me I don't know what I'm talking about, they would be right.

No...you are right on teh button.

The Private Sector of a Capitalist economic system is like a Horse who's back the Government/Pubic Sector rides off of. They know they need that engine. But if you're ride it hard enough...you're gonna take the horses legs out from under him. This is what we call a 'Mixed Economy' which many 'Capitalist' countries have. The presumption is that there is a steady balance of the two, except one part (Socialism) of the mix is getting bigger than the other.
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