Capitalism is Superior Competition between private owners of production creates lower prices, greater efficiency, and improved quality. People are motivated to do their best when they see the results of their effort. Capitalism aligns the incentives, and people thus are motivated to work hard and overall help the economy. People have economic liberty. Socialism removes these incentives, if John works twice as hard for the commune, he doesn't see another dime. In Capitalism, John would benefit from his work.
Capitalism has lifted far more people out of poverty, and raised standards of living higher than any other economic system. The evolutionary force of the market inspires innovation and ingenuity. Over time, this system ensures economic liberty, prosperity, and human progress.
Some don't talk to newbies BUT this involves everyone so lets break it down what you had to say..
Capitalism aligns the incentives, and people thus are motivated to work hard and overall help the economy..
Everyone has to capitalise or how do you socialise ?..The difference is when you capitalise do you share the profits or do you let people keep them all?..
So who pays for police army roads trains hospitals schools ..
Now the point is you could privatise it all? You have toll roads on every 1 mile? less money out your wages well you need to pay for roads..
Police privatise the police? Then you won't get protected if you get something stolen or attacked because you never paid your monthly police bill plus what other things will a private police company do ? meaning even more gone out your wages..
Hospitals privatised most cannot afford the insurance now in the USA so millions have no medical aid basically die you never paid so paying medical insurance means even more gone out your wages ..
A home how much does that cost to get a mortgage so because of low paid high costing plus all things private your paying just to live and get by ..
And this is why so many will take a risk at doing some crime to be rich factory job dead end job that leads to nowhere ..
See ok if your from another country and your countries wages was low It's like me from the UK going to DUBAI and getting a factory job for 1,500 a week for a factory worker I can send loads back home and my family would benefit ..
You can have a choice ..IMAGINE for 1 minute you have 100 people ?..
Now if 10 are rich and 20 are doing ok BUT 70 are doing really bad what would you rather live in because 70 people are going crazy in your 100 people village..
Now imagine 3 was rich and 70 was doing good and 27 was really poor then only 27 people going crazy in your 100 people village ..
And that is SOCIALISM^^^^^^^^^
So imagine an overall population of millions the less that are poor the less crazyness FACT..
Do you know the cost to the tax man because of poverty cost more than just saying here their is 10k a year..
1 POOR PERSON CAN COST MORE THAN 10K IN CRIMINAL DAMGE ..the law cost police cost all cost more than just saying here you go 10k every year and go and find a job and you still keep your 10k...Where does it come from? DIDGETS ON A SCREEN same as what the bank does ..
You YANKS are 20 trillion in debt so where is your capitalism
.. Borrowing off someone else future children is not CAPITLISM it's borrowing ..
I say a UNIVERSAL INCOME a starting point of 10k every year till we die we all get it no matter how rich we become we still get it ..
So how did people make a crypto token money out of thin air all the erc20 tokens money out of thin air ..
OK for a UNIVERSAL INCOME i will give everyone 10k and borrow it all on the strength of me finding a planet fall of gold ..
Well it's the same as some devs promises and you invented free money out of thin air..
