Quote from: paxmao on Today at 11:07:48 AM

Quote from: ariinv on April 21, 2022, 07:39:34 PM

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, around 45 if you choose a lower poverty line. Even Mexico has lower gap. This is not something you see in the news, nevertheless it is true.

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.

How many of those 60 million are victims of capitalism, or victims from their own personal decision making? There isn't a perfect economic system that's ever created 100% prosperity. There never will be. There has to be "losers" in every economy within a particular moment. That's not to say someone from the lower class can't build themselves up to a higher economic level over time -- in fact that's what the tradition normally is as time goes on, wealth increases. Capitalism is the simplest system to help propel someone from a lower class into a higher class, just requires time.