Capitalism, Socialism, and The Welfare State: Difference between revisions

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(Created page with "*Capitalists typically complain that socialism is unearned welfare to the undeserving *Similar analysis can be applied to capitalism, whose externalities effectively socialize...")
 
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*Similar analysis can be applied to capitalism, whose externalities effectively socialize costs while privatizing the benefits. As such, capitalism can make little claim to be "deserving"
*Similar analysis can be applied to capitalism, whose externalities effectively socialize costs while privatizing the benefits. As such, capitalism can make little claim to be "deserving"
*Honest analysis equates socialism and capitalism in terms of its welfare mentality, as opposed to entrepreneurial mindset, for there appears in general to be little entrepreneurship is established corporations - whether for profit businesses or governments (providers of social services)
*Honest analysis equates socialism and capitalism in terms of its welfare mentality, as opposed to entrepreneurial mindset, for there appears in general to be little entrepreneurship is established corporations - whether for profit businesses or governments (providers of social services)
*As such, capitalism should be, more honestly, called "private gain socialism."
*As such, capitalism should be, more honestly, called "private-gain socialism."
*
*By similar logic, socialism may be called "public-benefit capitalism"
*Both phrases appear to be contradictions of terms, which reflects an artificial polarization between socialism and capitalism
*Explain this in more detail, as the concept of "private gain socialism" appears to be a powerful metaphor that sheds light on the true nature of  capitalism, and can close the artificial divide between the socialist and capitalist camps
 
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Revision as of 10:29, 17 March 2019

  • Capitalists typically complain that socialism is unearned welfare to the undeserving
  • Similar analysis can be applied to capitalism, whose externalities effectively socialize costs while privatizing the benefits. As such, capitalism can make little claim to be "deserving"
  • Honest analysis equates socialism and capitalism in terms of its welfare mentality, as opposed to entrepreneurial mindset, for there appears in general to be little entrepreneurship is established corporations - whether for profit businesses or governments (providers of social services)
  • As such, capitalism should be, more honestly, called "private-gain socialism."
  • By similar logic, socialism may be called "public-benefit capitalism"
  • Both phrases appear to be contradictions of terms, which reflects an artificial polarization between socialism and capitalism
  • Explain this in more detail, as the concept of "private gain socialism" appears to be a powerful metaphor that sheds light on the true nature of capitalism, and can close the artificial divide between the socialist and capitalist camps