Monday, February 20, 2017

THOUGHT ABOUT CAPITALISM vs SOCIALISM

THOUGHTS ABOUT CAPITALISM vs SOCIALISM – one tends to concentrate wealth, the other tends to spread it I see capitalism vs socialism as being the root cause of obstructionism and party polarization in the operating activities of our government. Through private ownership with its profit motive, capitalist have won the favor of a large portion of the voting public. I believe this is because that public believes what benefits capitalist could also benefit them – there is now a desperate reach by that public for any promise of a better and sustained livelihood. That capitalistic public is blinded by the promise which obscures the reality that pure capitalism tends to concentrate wealth – the rich and powerful tends to get richer and more powerful, to the exclusion of all others. Put simply, the more wealth one has the more he/she is in a position to purchase the means of production and obtain profit – no or little wealth means no or little control of production, no or little control of profit. Other developed countries opt to employ social democracies which tend to find a balance between capitalism and socialism. This form tends to resist the concentration of wealth and support the general welfare of all citizens. www.adolphusward.net

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