/biz/ - Business & Finance

526. The argument between socialism and capitalism comes down to this: to those who, when left to their own devices, naturally rise above the mean, and to those who fall below. The former will be proponents of capitalism, the latter of socialism. The former are talented and hard-working, the latter talentless and lazy. And all this is proved by the failure of socialism, and in particular that of communism: its ultimate manifestation — as if a group of habitual losers at the individual level would be able to create, by pooling together all their weaknesses and failures, a winning combination!
But it is plain that, as they lose on the individual level — as individuals — they will ultimately lose on the group level too. The only reason they temporarily succeeded at a few points in history is because they were facing even greater losers: a complacent and degenerate aristocracy.