answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Why do people say that capitalism works better than socialism?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How does government works?

There are different types of government works. Socialism, Communism, Liberal Democracy Capitalism and more government system in the world. You have to be clear that which one you want to know?


What are the differences between socialism and capitalism?

They are unrelated to each other, Democracy is a form of government which is chosen by the people, Capitalism is the form of society which says that everybody earns for what he works for, Socialism is the point of view which says that the government meddles with the income and living of the people (ex: unemployed people who get a job from the government),also Captalism is why Americas great and socialisism is the first step to communism and then comes fachism(prbly spelt it wrong) hpope i helped what id said is true


What are the differences between democracy capitalism and socialism?

They are unrelated to each other, Democracy is a form of government which is chosen by the people, Capitalism is the form of society which says that everybody earns for what he works for, Socialism is the point of view which says that the government meddles with the income and living of the people (ex: unemployed people who get a job from the government),also Captalism is why Americas great and socialisism is the first step to communism and then comes fachism(prbly spelt it wrong) hpope i helped what id said is true


How is socialism different from capitalism?

Pure capitalism, of the kind taught by the late Milton Friedman at the Chicago school of economics holds that all markets, including natural resources and essential services like education,health, and utilities should be privately owned, are self correcting and must be free of all government regulation.Proponents of socialism believe that essential services like these are collective responsbilities and should be run by the state ,as they are in most western democracies.The two ideas are not mutually exclusive. Many countries have free enterprise capitalism and can afford to make sure that all its citizens have their basic needs met. It works- a country's prosperity is very much related to the well-being of its people. It's what progressives call a mixed economy.


What does Build a better mousetrap and the world will beat a path to your door mean?

It means that pure capitalism works. If you have a better idea than your competitors, then you will be more successful than them.


Why is communism better than capitalism?

Because communism requires for humans to be born naturally good. We can tell that this is not the case because must be tought not to hit each other. They are also greedy they will try to claim as many toys as possible shouting "mine". This is where war and greed come from. Capitalism works with these flaws by establishing rules such as no killing and no stealing.


What has the author Raya Dunayevskaya written?

Raya Dunayevskaya was a Marxist-Humanist philosopher and writer. She is known for her works on Marxist theory and philosophy, with a focus on the idea of humanism within Marxist thought. Some of her notable works include "Marxism and Freedom" and "The Philosophy of Marx."


What economist is Communism and socialism largely based on the works of?

Communism and socialism are largely based on the works of Karl Marx and Friedrich Engels. Their most influential book, The Communist Manifesto, laid out the principles of communism and critiqued capitalist societies. Marx's later work, Das Kapital, developed a comprehensive critique of capitalism and proposed a vision of a classless, stateless society based on communal ownership of the means of production.


What are captilism and socialism?

In a nut shell: Socialism and Capitalism are two completely different economic and semi-political systems. Socialism is a sort of twist of Communism; true communism not Marxism which is what Russia, China, and several other countries claimed to be during WW2. Capitalism is a system that runs around a "Free enterprise system" which means that businesses, corporations, and organizations run without ANY intervention from the government. Prices and values of objects are 100% controlled by the consumer and producer. Capitalism supports the idea of competition and survival of the fittest, if you can't financially keep up, then you did something wrong because everyone started with an equal chance. In a capitalist society the goal is monetary gain, and self improvement. Socialism is a system that runs off of complete government regulation. It is basically a democratic communism. Everyone works, and works where they want to work, and everyone is given the same amount for their work. The control of all resources is given solely to the government. This means that mines, lumberyards, oil rigs, and any other natural resource farm is controlled by the government. The people work, and the government regulates. Focuses on people working together for the common good rather then self improvement.


Why are capitalism and communism consider as polar opposites?

Communism work on the justice behind the assumption that the earths resources are the property of all the people and and that the bounty of this should be shared by all. Capitalism works on the assumption that that the earths resources can be monopolised by an exclusive group of people and be distributed by them for reward to those that require them to make a living. The problem with Communism is that some people are more productive then others causing hard feelings among the more productive people. the problem with capitalism is that the people in charge need no more then the privileged position that was left to hem by wealthy parents or benefactors. in both systems greed and corruption rears supreme in the end.


Who is the author of das capital?

The author of "Das Kapital" is Karl Marx. He was a German philosopher, economist, and political theorist who is known for his ideas on communism and socialism. "Das Kapital" is one of his most famous works, where he critiques capitalism and its impact on society.


Difference between capitalism and socialism?

Capitalism: a small number of capitalists own the resources of the planet; most people have to work for wages; goods and services are produced for the sake of profit. Socialism: the resources of the world belong to all the people in common; goods and services are produced to meet human need.