0
Describe why a poor person in a socialist country might reject capitalism and prefer a socialist state?
Nariman7
Things you could think about: people might prefer having the economy directly controlled by an elected government which they could vote out (or if not elected, at least one that claims to represent their social class).
There would probably be more state support for the poor. The USSR had almost full employment until it collapsed. Much of the work done was economically useless, but it was a very stable society.
Look up socialism, capitalism, entrepreneurship, workers' councils, class struggle, on Wikipedia.
An economy directly controlled by elected representatives would be like having a trail by jury without a judge. Controlled by hysteria.
Many country's throughout the world have a mixed system where free enterprise thrives yet the system also looks after its own. Medical and social services legal aid and many other things that make life in a country better for every one. A developed country that is so hard that it does not have time for its disadvantaged can do nothing but hang its head in shame.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What Is the term used to describe the money that a person is left with after taxes have been taken out?
If you are referring to a paycheck, the term is "take-home" or "net pay".
What does economic factors mean?
Economic aspects of an activity, country, or person. JaWaun...luvs u..lmao :)
What is the difference between gross total income and total income?
Gross total income is the total income for the country divided by the amount of people therefore you get what each person in the country would get.
What is accounting misconduct?
Accounting misconduct is a phrase used to describe when someone purposely messes up the books within a business. The usual reason for this is so the person can gain access to money for their own personal use.
What is the gift tax limit for 2015?
The exclusion for gift tax will remain at $14,000 per person for 2015 unless it is changed between now and early next year. This means that a person may give $14,000 to any other person they want to without incurring any gift taxes. If they are married their spouse can also give $14,000 to that person. If the recipient is married then the person and his spouse can also give the spouse $14,000 from each on of the gift givers. There is also a lifetime limit on gift giving without incurring gift taxes. The lifetime limit is $ 5,430,000. These limits are for individual gifts and don't have anything to do with donations to IRS Certified 501(3)(b) Non-Profit Organizations.
Was Karl Marx in favor of capitalism?
capitalism would lead first to socialism then to communism
What is a sentence for socialist?
A socialist is a person who practices socialism. She was a socialist all her life. The socialist party favour better healthcare over tax cuts.
What is an anticapitalist?
An anticapitalist is someone who opposes the current economic system based on private ownership of the means of production, distribution, and exchange for profit. They often advocate for alternative economic structures that prioritize social welfare, equality, and collective ownership.
Why was capitalism started?
Capitalism was begun as an experimental type of economy here in the United States. We were very fortunate that such an experiment was started in the USA. It was overwhelmingly successful and allowed us to realize "the American dream," which every immigrant to this country longed to achieve. Capitalism allows every person--no matter how poor or in unfortunate circumstances--to use his intellect, his determination, his ideas, his assets, his abilities, skills and talents to begin his own business or whatever his dream is to succeed in this great country. And capitalism was the economic tool that enabled success. Capitalism allows any person to achieve everything within his own limits or boundaries, and when he has reached the pinnacle of his success, it is possible that he will hire others to fill the jobs he has available, thus expanding and aggrandizing his organization and thereby calling for the hiring of even more employees. Capitalism was the greatest economic experiment ever carried out in this country--or any other country--and it has overwhelmingly succeeded, taking with it to the top all of its participants, financeers and workers. There have been many books written about capitalism and its achievements. Two examples are "Atlas Shrugged" and "The Fountainhead," both written by Ayn Rand.
Who was the leader of the Socialist party in 1936?
There was no person who was the leader of socialism. It is another way to lead a country and a lot of countries are socialists. It is not like communism where Putin was imposing his idea on other people.
How long has Barack Obama been a socialist?
Contrary to what you hear on talk shows, Mr. Obama is not a socialist. He is a member of the Democratic party and a firm believer in capitalism. However, he also believes in economic fairness, but that just makes him a person who is concerned about others, since he himself was raised in a lower-middle class family that struggled to make ends meet. Caring about the poor or wanting a fairer tax code does not necessarily make a person a socialist, and there are members of both major parties who would like to see something done about income inequality. (It should also be noted that there is one member of congress who does identify as a socialist-- Vermont Senator Bernie Sanders.)
Which of the following people condemned capitalism Sigmund Freud Karl Marx or Charles Darwin?
Karl Marx is the person who condemned capitalism. Freud and Darwin did not specifically condemn capitalism in their work.
How do you describe person with amnesia?
how can you describe a person with amnesia
What is a messianic socialist?
A Messianic Socialist is a follower or person or group that shares its beliefs in a Messianic or "coming Messiah" that will make change and victory in the name and idea of Socialism. Messianic Socialist forms up the character of Messianic beliefs of "salvation" into "socialist foundation".
What are the consequences of capitalism?
Some consequences of capitalism include income inequality, exploitation of labor, environmental degradation, and market instability. These factors can lead to social unrest, economic crises, and worsened disparities between the wealthy and the poor.
Which verb used to describe a person begin with the letter N?
No verbs will describe a person. A person is a noun, and verbs do not describe nouns. Adjectives describe nouns.Examples of adjectives that can describe a person and begin with the letter N:nervousnicenormalnurturing
Who is in charge of capitalism?
There isn't one specific person or entity in charge of capitalism. Capitalism is an economic system based on private ownership of the means of production, where individuals and businesses make decisions in a market-driven economy.
