Post
Topic
Board Economics
Merits 3 from 2 users
Re: How Capitalism defeated socialism?
by
paxmao
on 22/04/2022, 11:07:48 UTC
⭐ Merited by Cnut237 (2) ,TheNineClub (1)
The verdict is in, and contrary to what socialists say, capitalism, with all its warts, is the preferred economic system to bring the masses out of poverty and to make them productive citizens in our country and in countries around the world. Remember this: Capitalism rewards merit, socialism rewards mediocrity. I mean, socialism talking about equality but it is just a beautiful lie , and capitalism is an ugly truth !

Yet there are 60 million of poor people in US.

There is a middle way, it does not have to be capitalism or socialism in the radical sense. Society has to reward merit, provide opportunities for all and care for those who honestly cannot care for themselves.