Socialism Vs Socialism

Socialism in America has progressed substantially and is not bettering The United States. Socialism is a political theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. In much lighter terms socialism is where a government owns and runs everything in the country to, in theory, better the nation for the people. To increase the growth and help the economy in America the people need to learn what socialism is, learn why socialism does not benefit America, limit the federal government’s power, and look at statistics of the poor people in America.

Socialism in the United States tends to keep itself hidden and rarely show. Although it is something huge according to Scholars like Louis Hartz’s , David Montogmery, E.L. Godkin and Werner Sombart. David Montogomery says “ the American form of Socialism has centered on control of the workplace rather than creating a

This is yet another example of the incredible ignorance of society. Many countries such as China, Cuba and Vietnam continue to practice socialism. Socialism can be an attractive option to many people – even Americans – because it eliminates the division in society that is created by the typical class system. Every person is considered equal, and each is entitled to the two distinct kinds of property: personal and public. The state collectively owns all public property, such as factories, but production is controlled by the workers. All profits are pooled and distributed amongst the public based on the principle of individual contribution. Anti-discrimination laws are passed when needed, and every citizen is permitted freedom of religion, marriage and of work; equal and free education and healthcare is provided by taxation. This system looks great on paper, but crumbles when implemented in real life because human nature does not allow for equality. In some ways, yes, humans have a desire to be treated equally; but when equality is taken too far, people are left feeling stripped of individuality. This causes a rebellion against the system, and it falls beneath the

Perhaps the definition of failure has changed as in the last century capitalism has created wealth like nothing done previously in human history. At the same time, socialism has spent the last century subjecting millions of innocent people to tyranny and poverty. But somehow, its tenets live on in the millennial of the world’s richest countries. And what has followed is an arbitrary connection between the free enterprise system and declining rates of economic and social phenomena. So with the charges against capitalism more severe than ever before, we may as well present the facts.

Nations have debated on which economic direction their country will direct its footsteps since the creation of societies. The United States, being one of the most stereotypical capitalistic nations, began as a Laissez-faire nation, but throughout the centuries America’s economic standpoint has shifted more into Socialism rather than Laissez-faire. The second largest economy in the world, China, is widely understood as being a socialist country, however, for the past years they have been inclined towards a more capitalist nation, but are still officially socialist. Socialism and Laissez-faire both have fatal flaws, but both concepts can be blended and pragmatic to the new millennium while having a positive future.

(2) There also exist opportunities for private wealth and ownership. Essentially, socialism is a less extreme version of communism. In the 2016 presidential race, the nation responded with shock and heated discourse over the candidate Bernie Sanders, an admitted democratic socialist. But this concept is not new to America, in fact it has been present since the early 20th century. We even have socialist programs existing today such as Medicare and Social Security. Those who support this ideology argue that a government of the people must provide basic necessities as well as equitable opportunities such as higher education, healthcare, and child care to its citizens. These all seem like fair and beneficial requests of citizens for their government. However, it still receives high criticisms and objections amongst Americans. That is because capitalism is considered a staple of the U.S. We value our individuality, our free market, and our opportunities for social mobility. That, after all, is the very idea of the American dream. Unfortunately, that dream is often crushed by the harsh realities of inequality, discrimination, and social class. The gap between the rich and the poor is widening rapidly, with 51.4% of income earned annually going to the richest 20% (3). The middle class is disappearing, the poor are getting poorer, and the rich are profiting. This leads many to the conclusion that a new political and economic system is the answer

This idea was explored further in Atlas Shrugged, where individuals like Dagny and Hank were forced to abandon their ambitions and needs in lieu of whatever the majority in power, the government, dictated. Their industries were restricted and nationalized by political leaders who argued their sacrifice was for the good of the “big family” (Rand, Atlas Shrugged 608), but like in Soviet Russia, the only ones who benefited were the leaders themselves. Consider the “anti-dog-eat-dog rule” (Rand, Atlas Shrugged, 77), which limited the expansion of railroad companies and the start-ups of new companies; such regulations and antitrust laws symptomatic of socialism rob individuals of their rights to support and run businesses (Rand, “What is Capitalism?”), Rand explained, despite their claim to help consumers and business owners.

The answer does not have to be socialism or any other economic policy, but reform is necessary to save the lives of millions of Americans currently suffering in poverty. The current economic and political policies are creating class inequality so dramatic that families cannot survive no matter how hard they work. That is not the “American Dream” children learn in social studies classes year after year. Students in the United States grow up learning about the many accomplishments the country has made over the centuries and that in the United States, the right amount of drive and determination can guarantee success. Coming out of high school and college, young adults learn fast that establishing a life in the United States is difficult without reliable resources to aid them in becoming independent. That is not feasible when the majority of wealth is only available to the upper class. There is not enough wealth to create opportunities for everyone to thrive and those at the bottom suffer for just not being fortunate enough. They are not given the same opportunities and are preyed upon for being “gullible” and “desperate for cash.” In reality, it shows that those who are at the

Capitalism. It’s one of the greatest systems for our nation. It can be argued that capitalism is one of the ways that American’s maintain their freedom from the government. When does capitalism turn to monopolization? In the United States we have a free trade market. Even so, there are big corporations that seem to take over. Wal-Mart offers low prices, convenient locations, and access to various products in the same location. Wal-Mart makes money and consumers get low prices. It would seem like a perfect relationship. When something is too good to be true, it probably isn’t, or in this case has unintended consequences.

Socialism allows the government to regulate all aspects of production, sales, and wages. Socialism is used to benefit the people as a whole, not as individuals. Economic equalization eliminates income inequality by lessening income extremes by creating a collective mentality among the people. Implementing socialism protects the middle and lower classes from poverty and prevents the wealthy from accruing too much power by creating shared responsibilities, social programs, and incomes; its unseen flaw is limiting the aspirations of society (Socialism UXL). In a traditional capitalist economy, wealthy elites hold political power; the elimination of economic elitists voids political elitists. Opposers argue that socialism isn’t fair. Wealth is equally distributed among the people due to government interference, despite the amount of work or career aptitude. Unlike capitalism, motivation is not a factor when there is not a direct relationship between work and outcome. Consequently, socialism clashes with natural human behavior. The lack of incentives leads to _______. Socialism is an ideology that fails through

In the United States, socialism is widely viewed as ‘bad word’, as an insult of sorts. There is no better example of this than in the last presidential election, when the right would routinely use the term to criticize president Obama and his peers. Despite the fact that many Americans still place a taboo on the term, socialist ideals such as universal healthcare, a merit based university system and stopping the greed of the upper class are becoming increasingly popular. Over the past few hundred years, capitalists have destroyed our planet and our people in search of a profit, and the need for change has never been greater than now. Thus, in order to guarantee fair treatment to all individuals and be able to live sustainably on

The virtues of capitalism have been skewed and broken from the true core values in American society. The perspective that in a capitalistic society

According to the author Why Socialism Always Fails, mark J Perry “The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives” Socialism had killed the economic growth of a nation; strong economic growth Is considered when there is better standard of living for everyone, tax revenue. Socialism suppress economic growth by punishing success by rewarding failure. When government steals money from successful people and give it to the less successful, it reduces the number of successful people and morally people get discouraged to earn money. This leads to a never-ending cycle. The more poor people there are, the more the successful must be penalized to pay for them.

In seeking to highlight the key differences between socialism and capitalism, it would be prudent to first offer a concise definition of the two terms. Capitalism in the words of Brinkerhoff, White, Ortega, and Weitz (2007) "is the economic system in which most wealth (land, capital, and labor) is private property, to be used by its owners to maximize their own gain." As the authors in this case further point out, this particular economic system is largely founded on competition. Socialism on the other hand is defined as "an economic structure in which productive tools are owned and managed by the workers and used for the collective good" (Brinkerhoff et al., 2007). From the definitions, it is clear that unlike capitalism, socialism favors a situation whereby there is deliberate control as well as planning of economic activities on behalf of the entire community. In the case of capitalism, no attempt is made to have economic activities controlled from a central point on behalf of the community. Here, enterprises are allowed to compete in the supply of goods and services as they seek to rake in monetary returns. The key

The current issues of Capitalism in America is a grave concern to Americans. There is even a declared democratic socialist running for the Democrat nomination right now and garnering a lot of support. Specific issues this candidate is discussing that are facing Americans are issues of income inequality where the top .01 percent makes an average of 27 million per household whereas the bottom 90 percent makes an average of 31,000 a year, free college, and relations with harmful countries. This could all be related to the ideas of Karl Marx in the communist manifesto like a class struggle, or whom should own means of production, or relations with horrid countries.