Capitalism vs. Socialism Essay Sample

Recently. there has been a batch of contention refering socialism poetries capitalism Economic signifiers of authoritiess. There are many pros and cons to both economical signifiers of authorities. In this essay I will give you a expression at what a individual from the opposing side of each signifier of authorities would state about the other. We will be looking at a Belgium socialist “Jean- Paul” and a US capitalist “Julie” holding a conversation about why there state of abode is the better topographic point to shack.

Jean Paul life in the US with its capitalist authorities is much better than life in Belgium socialist economic system. It is in a capitalist economic system that difficult work is rewarded. Everyone is non paid the same. nor are our occupations picked for us like in Belgium. We have enterprisers who do good and are able to break their concern. do more money. and turn. The consumer market facilitates the fabrication of merchandises non the authorities. This chance makes US occupants happier and more motivated toward finicky freedom. That is why there are far less personal debt here and our revenue enhancements are lower.

Julie you Americans are so egoistic. Your consistent production of merchandises are traveling to destroy our planet. finally we will hold no natural resources due to over production. We are a planned economic system. so we have an efficient usage of our resources. Net income will non be the purpose of our policy devising as it is in a capitalist economic system. There is no utmost unfairness because societal public assistance is our end non personal wealth.

Jean Paul I think you are incorrect. in your economic system you have no freedom. The province dictates where you will work and what merchandises you have to take from. Citizens at that place work out of fright of higher governments. Belgium even has deficiency of engineering due to its fright that invention will change the state’s program. I could ne’er populate without the freedom of my capitalist economic system.

Mentions:

Text Book-Understanding Business: Nickels. McHugh. McHugh
Website- hypertext transfer protocol: //indianblogger. com/understanding-socialist-economy