Re: Socialism vs capitalism ,which one is good for us ??

If ideas must be developed, if competition is to be encouraged, then capitalism
should be encouraged.Merit is the way to develop a society competitively. If socialism
is implemented, a lot of talents would definitely die down knowing that you are not expected
or encouraged to solely depend on personal efforts to survive.Naturally, a lot of citizens
would rest on their oars.Hence, capitalism harnesses the talents in everyone and gives the
opportunity to appreciate your good efforts after all.

True. In a socialistic frame. No matter how hard you work, you will not get richer. No matter how talented you are you will not move foreward. No matter how lucky you are, you won't get ahead. So you will tend to be lazy like everyone else. Socialism is shared wealth, whereby everyone will pull in their funds and divide it equally. But what if i don't have funds to give? Socialism will work well if everybody actually works well for a single goal. We humans haven't worked for a single goal in our history.

yea the fact is, socialist make us to be just "ordinary people". and it will end young generation creativity, but for some people the walfare will be well distributed all over the class. or i can said that you work hard for the welfare of all citizen. for example china is very developed although he follows the socialist ideology. so it will depends on the citizen of that country itself Grin

Socialist countries are succesful Have you noticed that the Scandinavian countries (Denmark, Finland, Norway, and Sweden) are almost always in the top 10 best nations. They have a high standard of living, high education system, free health care, and low crime rates.

None of the Scandinavian countries are socialist.
All of them are democracies, and most important capitalist countries with a free market and economy.
You're mistaken social security and welfare and socialism.

And if you still don't believe that, here is the prime minister of Denmark telling Bernie that Denmark in not a socialist country.

https://www.vox.com/2015/10/31/9650030/denmark-prime-minister-bernie-sanders

Quote

"I know that some people in the US associate the Nordic model with some sort of socialism," he said. "Therefore, I would like to make one thing clear. Denmark is far from a socialist planned economy. Denmark is a market economy."

In Rasmussen's view, "The Nordic model is an expanded welfare state which provides a high level of security to its citizens, but it is also a successful market economy with much freedom to pursue your dreams and live your life as you wish."

The only true socialist countries are those where hunger and poverty rule.