Article capitalism vs socialism


Mar 05, 2019 · The more capitalism, the less “socialism” you need. Look at America since 2017. A policy of lower taxes and less government regulation (that’s more capitalism) has led to a robust economic expansion, something thought impossible just a few years earlier. Socialism: Collective decision making in the market place will ensure that everyone has what they need and that decisions are made in the best interests of society. Individuals who work harder and smarter can benefit more, but those that do not will still have their basic needs addressed. Capitalism vs. Socialism in Practice