Solution to poverty - Socialism or Capitalism?

[tinkersay]

Socialism or Capitalism are irrelevant when Bitcoin takes the spotlight. Bitcoinism is the future.

 

Congratulations to everyone of us who believes that bitcoin will come and save us.

[boumalo]

Socialism or Capitalism are irrelevant when Bitcoin takes the spotlight. Bitcoinism is the future.

Not too sure there.

Humans are primed at basic level to lead or be lead. There is no equilibrium. Power will just shift to those with the most bitcoin. And those people; like those that do now, will influence matters through bitcoin as a replacement.

Life sucks lol

As I said - we need to evolve from life force suckers to propping each other up!

Think it is possible to have an organisation of society where the one in charge or with the power don't abuse it if you don't give the politicians too much power which will be the case if you don't ask the State to take of things that it shouldn't take care of and if you have low taxes

[zadiume]

A resource based economy may indeed be it.

[gts476]

2 pages age this thread was much less retarded.

[Stockhome]

The solution to poverty is love. Not Capitalism nor Socialism.

[boumalo]

With a market you have lower prices, competition, lots of innovation and with socialism you have coercion, higher prices and very low innovation

[username18333]

With a market you have lower prices, competition, lots of innovation and with socialism you have coercion, higher prices and very low innovation

"With a market you have lower prices [on crap], competition [for crap], lots of [innovative crap] and with socialism you have [communism], higher prices [all crap] and very low innovation [in crap]."

You missed that since wealth is the primary concern of both systems, they both falter in pursuing the ends of wealth (think: "quality of life" [as opposed to "standard of living"]).

[boumalo]

With a market you have lower prices, competition, lots of innovation and with socialism you have coercion, higher prices and very low innovation

"With a market you have lower prices [on crap], competition [for crap], lots of [innovative crap] and with socialism you have [communism], higher prices [all crap] and very low innovation [in crap]."

You missed that since wealth is the primary concern of both systems, they both falter in pursuing the ends of wealth (think: "quality of life" [as opposed to "standard of living"]).

The market brought 1Billion of chinese out of extreme poverty, you can't disregard that and created awesome lifes for tens of millions in the States, the trend reverses as the State started growing too much a few decades ago

[master sato]

Both private enterprise and communism are materialistic methodologies to trading and lending. Commercial concerns is a component that compensates certain parts of human conduct more than others. Putting realism at the middle of our lives does little to enhance the personal satisfaction (as far as bliss) or the wellbeing of our planet.

[boumalo]

Both private enterprise and communism are materialistic methodologies to trading and lending. Commercial concerns is a component that compensates certain parts of human conduct more than others. Putting realism at the middle of our lives does little to enhance the personal satisfaction (as far as bliss) or the wellbeing of our planet.

We are in an eco system and humans are in this eco system; we are not bad for our planet and human is important

The market is the most efficient way of finding a price and works without coercion, efficient and free markets create a lot of value and save millions

[Seketsuna]

As long as there is money in the world there will always be a poor and rich. We built this system so expect it will go on through many yrs

[jamescameron2312]

Capitalism: a countries trade and industry are privately controlled

Socialism: a countries trade and industry are controlled by the community as a whole

Communism: a countries trade and industry are publicly owned and there is no class system leading to equal profit for all

All of them are shit and do not offer the solutions we need in our times.

[RodeoX]

Socialism is the cure for both poverty and wealth. 

[manselr]

Capitalism: a countries trade and industry are privately controlled

Socialism: a countries trade and industry are controlled by the community as a whole

Communism: a countries trade and industry are publicly owned and there is no class system leading to equal profit for all

All of them are shit and do not offer the solutions we need in our times.

This isn't a nuanced definition like others have offered, but here you go. I'd also say these definitions are more about these systems as they are colloquially understood rather than their pure ideological form (which would entail socialism having a potentially government controlled economy).

[hayek]

Socialism destroys wealth until everyone is at the level of the least common denominators level of poverty.

Capitalism creates wealth and gives people with interests and motivation the ability to separate themselves from the least common denominators.

[gts476]

With a market you have lower prices, competition, lots of innovation and with socialism you have coercion, higher prices and very low innovation

"With a market you have lower prices [on crap], competition [for crap], lots of [innovative crap] and with socialism you have [communism], higher prices [all crap] and very low innovation [in crap]."

You missed that since wealth is the primary concern of both systems, they both falter in pursuing the ends of wealth (think: "quality of life" [as opposed to "standard of living"]).

Crap like food? Crap like medicine? Crap like the technology you just used the write that crap statement with?

In the pursuit of wealth a capitalist is able to allocate resources towards the greater wants of a society, for in a free market if profit is supernormal in any area then the product of the area is under produced and the supernormal profit indicates that resources should be reallocated to this area.

Key idea: Profit is the signal to entrepreneurs that resources should be allocated towards or away from any given area.

[gts476]

Both private enterprise and communism are materialistic methodologies to trading and lending. Commercial concerns is a component that compensates certain parts of human conduct more than others. Putting realism at the middle of our lives does little to enhance the personal satisfaction (as far as bliss) or the wellbeing of our planet.

Incorrect.

Communism == Collective control == No trading partner == No exchange == No price discovery == No profit == No way to effectively allocate capital and resources == Gross allocation == Shit

[gts476]

Capitalism: a countries trade and industry are privately controlled

Socialism: a countries trade and industry are controlled by the community as a whole

Communism: a countries trade and industry are publicly owned and there is no class system leading to equal profit for all

All of them are shit and do not offer the solutions we need in our times.

Despite the 38 pages of why capitalism is a solution to all problem in all times.

[Bitmore]

Capitalism: a countries trade and industry are privately controlled

Socialism: a countries trade and industry are controlled by the community as a whole

Communism: a countries trade and industry are publicly owned and there is no class system leading to equal profit for all

All of them are shit and do not offer the solutions we need in our times.

Actually the quotes as Marx defined are;

Capitalism: Privately owned means of production.

Socialism/fascism/Nazi: Government controls the privately owned means of production.

Communism:  Government owns and controls the means of production.

Not mentioned by Marx is "Crony Capitalism", which falls after capitalism and prior to Socialism, where government and private industry conspire against their enemies, and with disregard to the free market.  
-This is where we are today-.

The bottom line is either you love freedom, or you will sacrifice freedom for social security, or socialism/communism.  Upwards of 100 million civilian deaths in the 20th century will attest to this, as per "The Little Black Book Of Communism".

An interesting, yet horrifying film the Russians themselves made after the Cold War is "The Checkist", which I can barely watch.
http://www.youtube.com/watch?v=_RQVSHfuPCQ

It should be required, as should Alexander Solgenitzen The Gulag Archipelago.

[nidhish]

I think capitalism is the root of all evil and that being said i will say socialism is the solution of poverty .