Sunday, May 30, 2010

Socialism Vs. Capitalism

No pure system has ever worked, what's best is a Capitalism/Socialism blend the flaws inherent in Socialism also exist in Capitalism (see the book "Bad Samaritans"for an in-depth treatment) - especially when it ignores the Free Market it claims to use by using copyrights, patents, business licenses, etc. to limit competition and market entry.

Both Liberals & Conservatives espouse Socialist agendas, Liberals intending to help the poor and working class; Conservatives socializing corporate losses (as in "tort reform" which will transfer BP's liability to taxpayers) while privatizing Corporate profits.

Basically, there are problems and benefits with both Socialism &; Capitalism, but, in the current climate, it's necessary to promote a fair hearing of Socialism to get the blend we need.

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