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capitalism better than socialism


PRO: The capitalist society enhaces personal freedom.
Take a look in the past : Capitalism, as defined economic system,
evolved during the !
th
and "
th
centuries, #ith the rise of merchant
capitalism and mercantilism. This #as an era #hen colonial po#ers
such as $ritain, %rance, &pain and Portugal sent their e'plorers out
into the #orld to discover ne# sea routes and ne# lands #hich could
be traded #ith. %eudal lords #ere being rapidly replaced by merchants
and traders.
Capitalism #orks perfectly #ith democracy and #ith human nature
itself. &ocialism may sound (ust and e)uitable on paper, but socialist
countries have decayed over the years as a result of human greed and
corruption.
*fter the death of feudalism in the +th century, a choice #as
presented to the #orld: socialism, capitalism, the Third ,ay, or
another obscure alternative- &ocialism sounded great on paper, but
never really #orked accordingly and the most #ell kno#n group
#ithin the third #ay #as the .a/i party, #hether the rest of the
movement liked it or not.
0ou have the freedom to select any career you #ant and study
everything you #ant in school1 build your o#n beliefs1 you can
choose anything from the #idest variety ever seen in history1
One of the greatest thngs about capitalism is that it #orks perfectly
#ith democracy.
The most important )uality needed for development of the human
being, or for that matter any being, is the ability to think and make
decisions on one2s o#n. 3o#ever, it is true that if people are told #hat
to do day and night, they do not learn as much. They do not have the
opportunity to make mistakes and suffer the conse)uences, and they
generally do not think very much. *s a result, they do not develop as
fast mentally or spiritually. The reason is that learning to think clearly
and carefully, and suffering the conse)uences of one2s actions and
behavior, are critical parts of mental and spiritual development. 4t is
as though the brain is like your muscles. 0ou must use the brain, or
lose it, as the saying goes. The brain must be trained to think clearly
and practically.
,hen human beings are treated like animals at the /oo 5 fed, housed,
free health care, free everything, they tend to languish. This is
unfortunate, but it is the truth. 6any parents learn the hard #ay that
coddling and spoiling their children by giving them everything (ust
does not build character in most children, for e'ample.
4t is the same #ith adults. Coddling, protecting, spoiling, feeling
sorry for them at every turn, and providing all of their needs sounds
utopian, and is #hy socialistic thinking is so appealing. 4n practice,
ho#ever, a balance is needed. 4t is important to protect people, but it
is also helpful to allo# them the freedom to act, and thus to fail, at
times, and to suffer a little here and there.
74t has been said that democracy is the #orst form of government
e'cept all the others that have been tried.8 9,. Churchill:
The current President of ;nited &tated $arack Obama is a typical
e'ample of a person #ho has achieved the *merican dream. $arack
Obama did not start his life #ith a traditional <fortunate circumstance<
previous presidents had en(oyed 9e.g. =eorge $ush:. .evertheless he
succeeded in transcending his social class, his race etc. and became
the president of ;nited &tates2. Thus capitalism provides everyone
#ith a fair chance to reach great achievements in their life if they
sei/e the opportunities.
CO.: &ocialism leads to a more human, e)ual society:
4n a socialist system, individuals are less likely to be held back by
their social position. $eing born into an economically deprived
family is less likely to hamper an individual2s opportunities, since
the gap bet#een rich and poor is not as great as in a capitalist
society. *ll individuals have access to a decent education and this
gives them more chances in life.
The gap bet#een poor and rich countries has never been as great as
it is today. ,arren $uffet>s 9declared the st billionaire in 2??@ by
the forbes maga/ine: #ealth #as estimated to be a net #orth of
appro'imately ;&A!2 billion in 2??@, this #hile one in seven
people on earth goes to bed hungry every night and !.BC million
children die of starvation and malnutrition every year
The absurd ine)uality bet#een people>s #ages is because of the
capitalist system, since the capitalist>s only aim is to generate profit
there is no reason to keep anything other than a minimum #age for
the #orkers. 4n a globali/ed #orld, rich countries can outsource
industries to poorer countries #here #orkers #ill not e'pect so
high a #age.
* capitalist does not care #hether his labourers> living standards
are good, acceptable or bad 9although he does #ant to maintain a
level #here the labourers #ill not die or rebel:, as long as they
deliver the #ork for the lo#est #age possible.
Therefore a company CDO can gain an absurd amount of money
since he #ill reap all the profit made from all the labourers in his
company #hile the lo#est #orker in the hierarchy #ill only earn
enough to survive. The ordinary #orker does not have a free
choice #hether he #ants to #ork or not since he is at such an
inferior bargaining position that he has to accept the capitalist>s
offer in order to survive.
*ccording to socialism this ine)uality is atrocious, it can by no
means be (ustifiable that an ordinary labourer #ho #orks e)ually
as hard, or harder than a CDO should struggle for his survival
#hile the CDO lives in unimaginable lu'ury. 4n socialism,
production and #ages are directed to human needs, there is
conse)uently no need to ma'imise profit and thus this gross
ine)uality #ould be evened.

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