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Capitalism is.... while Socialism is....?

Is this a true statement?


The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery. ---Winston Churchhill

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I think this is generally true. Capitalist markets leads to economic growth and a raising of the overall standard of living. The only issue is that some people benefit more than others. Many of these people made contributions that earned them this higher standard of living however often environment has a lot to do with it (i.e. if you're born into a rich family you are more likely to stay rich because of the opportunities given to you). In these purely capitalistic systems, a lot of people are left to suffer, often for reasons that they have little or no control over (fluctuations in business cycles lead to layoffs that aren't the fault of workers).

Socialism on the other hand attempts to correct the imbalance of wealth, but does so at the expense of prosperity. So this way, instead of a gap between being rich and poor, everyone is equally poor.

So what to do? My own personal answer would be to focus on growth rather than distribution of wealth. Today, someone who makes an extremely low wage in an 1st world nation is better off (in real terms) than a king was just a couple hundred years ago, thanks to advances in both technology and increases in economic growth the standard of living for everyone has improved dramatically.

What should take from socialism is a basic safety net for people most in need. The handicapped, the elderly, impoverished children. All of these would fall through the cracks if some kind of system isn't put in place to ensure their basic needs, and hopefully help them to become contributing members of society (especially in the case of poor children).

Side: heartless and useless
1 point

we don't have capitalism, but really capitalism being strangled by socialism.

any involvement by gov in commerce is socialism. minimum wages, work hours, gov bail out spending on economy, all socialism. so if you want free un gov involvement causing problems then you don't want socialism.

i believe in anarchy capitalism being a libertarian.

Side: capitalism alows freedom and fairness
2 points

If you want to say that any government interference is socialism then the term socialism loses its meaning. Keynesian active government policies are not even close to socialist, but just a way to counter business cycles that can cause a decrease in output and an increase in the unemployment rate. Since the government has been exercising these policies, we have had fewer, shorter and less severe recessions.

I don't like socialism, but I have a reason for not liking it: it doesn't work. Active government policies do work, and therefore we shouldn't just indiscriminately slap the socialism label on anything the government does.

Side: heartless and useless
iamdavidh(4856) Disputed
2 points

... and not even things throughout history dissuade you from this juvenile view? Slavery, child labor, companies that own the grocery store keeping townspeople in a state of serfdom, the recent oil spill - all this is okay in your view, and a government should do nothing to stop any of it?

This is all the final result of any "capitalist anarchy."

There is a reason why every time this underground libertarian simpleton view of the world rears its ugly head in the mainstream it dies.

It is because it does not work in the real world.

Side: heartless and useless
1 point

The main question to answer is "who owns the means of production? Who owns the capital?"

In socialism, the government owns the means of production.

In capitalism, the individual owns the means of production.

The graphic and churchill quote is misleading because while it is true that there are inequalities, it completely disregards the concept of social mobility. At present, there are no systems that are perfect and there will always be inequalities, but one must ask if the 'have nots' are the same people after a decade. Usually, if the lower class is the same group of persons, then you have a caste system. But in capitalism, there is social mobility because the honest hard working person, who is productive and aids in the benefit to his community via trade (always a win-win arrangement), will be prosperous; those who help others.

In socialism, the redistribution is a nice concept but one that lacks reality. The sheer mass of economic calculation is impossible to do for a select group of people. How does the economic planner figure out that I want a ham sandiwich 5 years from now at midnight when I wake from hunger? This is important because you need to get the pig born and fed, also the wheat, for flour and the lettuce, mayo, the steel for the knife and the wood for the table and cutting board. Also need the ceramic or glass made for my plate not to mention all the required energy production, diesel and organized labor to get these things made. On and on it goes through the capital structure.

Can an economic planner honestly figure all this out for everyone? And this is only for a ham sandwich.

The important thing to realize here is that the economic calculation is divided among the millions of citizens, all working and producing for their microcosms. It's it wonderful and fascinating, that without a central planner, the entire nature gets fed?

What is abhorent is the mixture of economics and state which is the root cause of monopolies. Monopolies cannot exist in a free market because only the government can block free entry into a marketplace. Even natural monopolies cannot exist because there are always alternatives. If there is a train monopoly, then you may think you have no choice, but you'd be mistaken. The alternatives is a car, taxi, bicycle, boat, carpool, walking, or even these days - telecommuting. With all these alternatives, the train monopoly is at a severe disadvantage. It would have to make all the alternatives illegal, which leads to a tyranny.

This is also true with natural resources because the earth is not organized by default. There are stuff all over the place. No one country has all the gold and oil. Even so, there are alternatives such as silver, platinum, solar, wind, natural gas, etc.

In the deep understanding of politics, one must understand that in the history of human civilization, there has only been 2 states: tyranny and freedom. Only capitalism is based on the philosophy of freedom (insofar as economy and state are separate, just as church and state are separate). Socialism turns into protectionism, turns into communism, turns into totalitarianism. How is this possible? It is because it is a progression of giving up our own sovereignty; that sense of 'the buck stops with me'. I make all the decisions for my life. Only in is there individual sovereignty. In all the rest, the state, for the sake of, "the greater good", "for the country", "for god", "for our leader" are all subjugations of sovereignty to another real or unreal entity. And this happens not by force, but by our habitual consent. People elect their dictators because they give up their freedoms for relief, or for "need".

The antidote to this is not a revolution or an armed conflict; but the very simply act of withdrawing our consent. If the people stop supporting the ruling class, the power structure is destroyed because power always depends on the people's effort to keep them enslaved. Just like india, just say no to government, and it will be over.

Anyone who says that socialism is workable doesn't understand why it has failed miserably, every time. It is simply because in order for it to work, you need emotionless administrators and TOTAL control over the entire country, starting with TOTAL surveillance.

When the US was booming, the USSR was STILL trying to figure out how to feed it's people. And as I look at america's poor, even a century after our free market inherited wealth, they can cell phones of which only one could feed an african for a week or more.

Be responsible

Be long range

Do not drop context.

Side: heartless and useless
2 points

Capitalism doesn't work because of greed, and socialism doesn't work because of laziness.

However, if you have a capitalist market, with social programs and social rules of business, then it works.

Libertarians are complete idiots because they honestly believe daddy corporation gives two shits if they die tomorrow,

And socialists are idiots because they honestly believe more than 10% of the population would do any work at all if they don't get rewarded for it.

This is why there is not a single Western civilization that is either one - regardless of what faux would have suckers like some of the the ones arguing here believe.

The real arguement grown-ups have is to what extent government should play a role in business in order to continue to encourage growth while ensuring corporation doesn't enslave humanity. This "we're becoming socialist AAAAAAHHHHH!"

Is for idiots and children.

Side: heartless and useless
diomedes5(15) Disputed
1 point

Capitolist economic system with a Socialist govt?......Doesn't the Peoples Republic of China have something like that?

Side: heartless and useless
1 point

China is not a capitalism economic system with a socialist government. China is a communist political and economic system with sprinkles of capitalism.

Side: heartless and useless
iamdavidh(4856) Disputed
1 point

Sigh please look up the difference between economic and political systems before you contribute further. You've completely misinterpreted my argument. What I described is the exact system all Western governments use to one extent or another.

Side: heartless and useless
1 point

Thing about 'capitalist' and 'socialist' societies is that you can't actually claim they're great due to capitalism or socialism. No nations have been founded or started upon capitalism and is an economic structure that has been adapted once a nation is already pretty well structured. America being a good example of capitalism was powerful and rich (economically) before capitalism and reasons against capitalism... and it's actually capitalism that has caused it more harm than good.

Socialism is the equal distribution of misery? No. But let's say maybe. In the end however socialism will slowly grow out of misery where as capitalism will never distribute the wealth.

Anybody see Capitalism: A True Love Story??

Democracy is capitalism's greatest enemy.

Side: heartless and useless
2 points

When people don't see the direct result of their efforts, then they don't produce as much. This is a fact that has been demonstrated over and over again. Private property rights are an essential institution to promote growth and growth helps everybody (except the environment sometimes, but this is a separate issue). Yes there are poor people in countries with capitalistic systems, but these poor people are so much better off than they were 200, 100, or even 50 years ago, and this is due to economic growth. Socialism would put an almost complete halt to growth, and may in the very short run help the lower classes, in the long run government revenue would sharply drop, and everyone would be worse off because we wouldn't be able to afford the basic institutions that keep our society running (a police force, public schools, roadways etc...). Everyone suffers, but they suffer equally.

Let me give you a very simple example: lets say a group of 100 people crash on an island. Let's now say 99 of those people have no skills that are useful to island survival, but 1 person does. So this person then helps these people to survive in exchange for some arbitrary currency (lets say coconuts). Eventually the 1 person would become fairly wealthy, and there would be an unequal distribution of wealth. Does that mean that the person who became wealthy should give away what they earned? Each individual transaction benefitted both parties didn't it? The skilled guy gained coconuts and the others gained knowledge that eventually lead to more output correct? So why should this guy return his coconuts if their was a fair trade involved?

Obviously in the real world situations aren't always this simple, and that is why I think we need certain institutions in place like public education, highways, police forces etc. In addition I can understand the argument that some people have more opportunities given to them and therefore you need taxing systems like a graduated income tax in order to balance things out a little. However, growth generated from free markets allows everyone in society to enjoy a better standard of living, and when this is coupled with social mobility it gives everyone a chance to drastically improve their lives.

You claim that democracy is capitalism's greatest enemy? I would argue that a basic education in economics is socialism's greatest enemy.

Side: heartless and useless
Kinda(1649) Disputed
1 point

It's not that you've got so much wrong... but it's wrong AND you're arguing for it.

Let's go to your island reference.

If the islanders were socialist, 99 people would be working and they would all be producing while the 1 would be governing and managing them. This 1% would make sure everybody got what they deserved, everybody worked equally hard, everybody was equally paid. In the end 99 people working together is much more efficient, productive and equal than 1 person exploiting the 99. It would mean decent roads made out of tarmac are for everyone rather than 1 road made out of gold and 99 roads made out of shit.

Capitalism = 1% 22 carrat gold and 99% dead rat shit

It also means that it will ALWAYS BE that way

Socialism = 100% 18 carrat gold.

It also means that there is a possibilty to improve the gold.

You have absolutely NO IDEA of what socialism is. Go back to burning flags of Barack Obama because he wanted to bring America to the 21st century and provide healthcare for all.

Socialism's greatest enemy? Greed and ignorance.

Side: heartless and useless
1 point

They are both hopelessly flawed in execution because normal people have this problem whereby they must create a hierarchy, which invariably must elevate a group of people, for no good reason, above the many. This elevation automatically grants a deeper respect and special set of freedoms and rights not shared by the many.

In other words, this conversation shouldn't be framed as a socialism versus capitalism debate, but as a reflection on humanity's need to subjugate itself when given freedom; that normal people have an almost masochistic desire to submit to an authority who flagellates them rather than accept the burden of independence and responsibility.

Side: Government is a form of BDSM
casper3912(1581) Disputed
1 point

Most groups of friends seem pretty leaderless from what I can tell. Would you say that is the case from your perspective?

When it comes towards areas where people usually appoint a leader, its usually because they don't believe in themselves.

Side: Government is a form of BDSM
aveskde(1935) Disputed
1 point

It really depends on the size of the group of friends. A very small group may function independently but the larger the group becomes, the more likely it is that there will be "higher" friends from the others which have more authority and respect. You may also see the group treat itself as better, higher in value or place than other groups.

However we really see this happen all the time in jobs, with management positions and seniority.

Side: Government is a form of BDSM
1 point

In all groups of friends or social network there is always someone or group of people that lead the entire group. People naturally look for someone to lead them. Next time you are with a group of friends observe everyone. There is more likely than not going to be one person that decides what the group is going to do over the other. This doesn't mean that the other friends don't decide for themselves it just means that this one leader friend will more heavily influence the others.

Side: Government is a form of BDSM
1 point

On theory,socialism is a more humane political system because it is based on equality,cooperation,and sharing of resources.However,in practice,we have yet to see a socialist nature triumph.China has only made it to the top because it adopts capitalist economical policies.Capitalism is,unfortunately,deeply tied to greed,ambition and uncontrolled growth,and liberal ideas leave room for greedy people to dominate our economy,but didn't Russia die of starvation,poverty and repression,didn't they almost fall on the hands of dictators?Did they succeed,did they reach equality,was the population happy?Did the sovietic republics fight to keep their ties to socialism?On paper,socialism is right;on the real world,is just a big fat mess...

Capitalism is based on selfishness,but man is naturally selfish.Capitalism lives long and healthy because it is in agreement with human nature.

Side: Government is a form of BDSM
Akulakhan(2985) Disputed
1 point

I only disagree because I believe socialism could work. However, people are so afraid of the very word that in today's society we would never put forth the effort to make it work. Socialism is not about 'making it to the top', but rather just providing an equal platform for all to be. Capitalism is wrong, as you agree. The proletariate is just our new word for peasant.

Side: Government is a form of BDSM
1 point

His statement is basically true. Capitolism is the greatest catalyst for economic growth, health and well being. The problem is that when Capitolism exerts undue influence on those that govern a country you are sure to have greed, corruption and govenment that favors a huge disparity in economic benefits. The recent government bailouts were a perfect example of this. The majority of the country were against them yet Congress and the Pres. pressed forward with them anyway. Wealthy merchants, banks and businessmen are the real governing body of our country. Socialism on the other hand......hmmm....where are the shining examples of this again???

Side: Government is a form of BDSM
1 point

Capitalism exerts undue influence on those that govern a country you are sure to have greed, corruption and government that favors a huge disparity in economic benefits.

The only reason capitalism has much influence and creates huge disparities in economics because of big business and big government.

This is called corporatism. Thus, byproducts of corporatism is bailouts.

Side: Government is a form of BDSM

Capitalism is the Surplus value going to the Bourgeoisie while Socialism is the Surplus value going to the state to buy free life necessities for everyone. In other words, exploitation and equality.

Side: Government is a form of BDSM
1 point

sorry, this is on the wrong side..........................................................................................................................................

Side: Government is a form of BDSM