Do you have any idea how well capitalism has worked at getting the entire world out of it's poverty? You talk about how half the world lives off of $3 a day. Great. Do you know how much poverty and starvation there was before capitalism? Basically everywhere but western Europe had to face that. Now all of Europe, much of Asia, and all of North America is industrialized with a standard of living that would knock Adam Smith's socks off.
Originally Posted by daft punk
The single greatest age of discovery and advancement has occured under capitalism. Millions, billions even have been lifted out of poverty and now no longer have to worry about food shortages or their family members dying of such trivial things such as the cold or the flu or starvation. Sadly there are still plenty of people below poverty, who still have to worry about things like that but fortunately it is making inroads, and places such as India are starting to look up.
What has socialism brought? The brutal killing of millions in the Ukraine, commune farms in Russia that produce so little they rely on grain from capitalist countries to survive. Factories that produce worthless trash products in order to meet quotas. That is what happened under socialism. They needed to kill millions of people for no reason just to industrialize themselves, and even then they became so unproductive and inefficient in the Soviet Union that it collapsed.
You may tell yourself and others that socialism isn't like that, but it is the closest example we have and even then Stalin needed to kill millions to get it off the ground. Capitalism runs by money, socialism runs by fear.
Last edited by penguin1634; Oct 08 2011 at 12:34 PM.
We are all born ignorant, but one must work hard to remain stupid.