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CAPITALISM,SOCIALISM,SOCIAL DEMOCRACY What is the difference?
11-18-2012, 01:11 PM
Post: #4
 
capitalism is government protecting the private business for them to make profit. socialism is where the government is powerful and they tell the corporations what to do, and people depend on them (the government is a corporation). Democracy is for people voting and deciding the laws of the country. If a country is trying to develop financially capitalism is ideal. sell all your resources for profit. dont regulate business by trying to protect the environment. but its not good for the earth generally, really a balance, i believe, is best. You cant really tell other people how to run their business i think, but to a certain extent you have to realize its impact on others, the earth and regulate ultra greedy rich ignorant people.... if you dont you end up with a situation like the current global economic crisis we are facing today.
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[] - j2442j - 11-18-2012, 01:11 PM
[] - michael k - 11-18-2012, 01:11 PM
[] - Trevcaru - 11-18-2012 01:11 PM

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