/biz/ - Business & Finance

[Anonymous No.52969158]

Socialism vs capitalism:

Which is better

[Anonymous No.52969177]

>>52969158
Would you rather live in Switzerland or North Korea?

[Anonymous No.52969884]

>>52969158
They work well 80/20 capital/social but we’re out of balance at the moment. Only the Sith deal in absolutes

[Anonymous No.52969962]

>>52969158
Both can work in a homogeneous society. Neither will work in a diverse society.

[Anonymous No.52970018]

>>52969884
>>52969962
based doubles posters

[Anonymous No.52970138]

>>52969158
Socialism, obviously.

Capitalism by definition means "an economic and social regime in which Capital, the source of income, does not generally belong to those who make it work through their labor."

More specifically:

>The term "capitalist", meaning an owner of capital, appears earlier than the term "capitalism" and dates to the mid-17th century. "Capitalism" is derived from capital, which evolved from capitale, a late Latin word based on caput, meaning "head"—which is also the origin of "chattel" and "cattle" in the sense of movable property (only much later to refer only to livestock). Capitale emerged in the 12th to 13th centuries to refer to funds, stock of merchandise, sum of money or money carrying interest.[20]:232[21] By 1283, it was used in the sense of the capital assets of a trading firm and was often interchanged with other words—wealth, money, funds, goods, assets, property and so on.[20]:233

>The Hollantse (German: holländische) Mercurius uses "capitalists" in 1633 and 1654 to refer to owners of capital.[20]:234 In French, Étienne Clavier referred to capitalistes in 1788,[22] four years before its first recorded English usage by Arthur Young in his work Travels in France (1792).[21][23] In his Principles of Political Economy and Taxation (1817), David Ricardo referred to "the capitalist" many times.[24] English poet Samuel Taylor Coleridge used "capitalist" in his work Table Talk (1823).[25] Pierre-Joseph Proudhon used the term in his first work, What is Property? (1840), to refer to the owners of capital. Benjamin Disraeli used the term in his 1845 work Sybil.[21]

[Anonymous No.52970148]

>>52970138
[Cont'd]

>The initial use of the term "capitalism" in its modern sense is attributed to Louis Blanc in 1850 ("What I call 'capitalism' that is to say the appropriation of capital by some to the exclusion of others") and Pierre-Joseph Proudhon in 1861 ("Economic and social regime in which capital, the source of income, does not generally belong to those who make it work through their labor").[20]:237 Karl Marx frequently referred to the "capital" and to the "capitalist mode of production" in Das Kapital (1867).[26][27] Marx did however not use the form capitalism, but instead used capital, capitalist and capitalist mode of production, which appear frequently.[27][28]

>In the English language, the term "capitalism" first appears, according to the Oxford English Dictionary (OED), in 1854, in the novel The Newcomes by novelist William Makepeace Thackeray, where the word meant "having ownership of capital".[31] Also according to the OED, Carl Adolph Douai, a German American socialist and abolitionist, used the term "private capitalism" in 1863.

[Anonymous No.52970175]

>>52970138
Most powerful and wealthy country in the world is built on capitalism
>Le socialism is better!

[Anonymous No.52970232]

>>52970175
It's a matter of taste, perhaps. Some can't help themselves from consoooming all day every day.... Others are real men.

[Anonymous No.52970248]

>>52970175
So what the fire department is imaginary then?

[Anonymous No.52970252]

>>52970232
Fair enough. Consoomerism is one of the biggest problems plaguing the US.

[Anonymous No.52970258]

>>52969158
Dog shit or pig shit:

Which is better

[Anonymous No.52970259]

>>52970175
it depends how you measure "better". capitalism isnt a rising tide that lifts all boats. the quality of life for the average person in a country such as norway or switzerland is much higher than in america. using gdp/capita as a measure of economic strength is a total meme or else you would believe that oilstates like qatar or uae are sanctuarys.

[Anonymous No.52970267]

>>52970248
>le fire department is socialism!
Kys

[Anonymous No.52970283]

>>52970259
Comparing a homogeneous country with 66x smaller population than the US is just disingenuous.

[SAGE No.52970302]

>>52969158
Kill yourself nigger faggot

[Anonymous No.52970321]

>>52970283
His point is correct, though.

[Anonymous No.52970345]

>>52970283
i guess i just forgot how much warren buffett makes average peoples lives better

[Anonymous No.52970370]

>>52970138
>t. rentoid laborer
the first of the month is coming soon, anon.

[Anonymous No.52970378]

>>52970321
Who says socialism is the factor giving them a better quality of life? Would they be worse off in a capitalist society? We don't know. My point is that it is a lot easier to implement a socialist type society with a smaller homogeneous population.

[Anonymous No.52970389]

>>52970345
>purchases companies to rise the stocks that i won
>returns profits in the forms of dividends to his shareholders
you're just playing the game wrong, anon

[Anonymous No.52970402]

>>52970259
lol he gdp per capital is better in norway and switzerland than US

[Anonymous No.52970415]

>>52970389
>i and others own*

[Anonymous No.52970425]

>>52970345
How does he make them worse?

[Anonymous No.52970435]

>>52969158
depends if you're smart or stupid

[Anonymous No.52970447]

>>52970425
oh you already forgot he was causing a rail strike to drive prices up? damn i guess when you control capital you can crush poor people like that lmao

[Anonymous No.52970471]

>>52970447
>Warren buffet is a dickhead
>capitalism has failed!
Right...

[Anonymous No.52970483]

false dichotomy. neither exist. the natural wealth of usa and many other countries is drained almost 100% into jewish hands. the jews are all of humanities enemy. they are the evil of earth. they call themselves chosen and pummel childrens lives with relentless fake laws fake courts fake news and total corruption. killing the jews off is the most important goal in human history. the jews must be exterminated. save your children kill jews

[Anonymous No.52970495]

>>52970435
underrated post

[Anonymous No.52970507]

>>52969158
neither, a healthy mix of both is necessary for a functional society (something that America is not). Free market competition is obviously good for things such as consumable goods, but not so great for inelastic goods that we NEED to survive such as healthcare.

[Anonymous No.52970530]

>>52970378
>Would they be worse off in a capitalist society? We don't know. My point is that it is a lot easier to implement a socialist type society with a smaller homogeneous population.
Can we define our terms exactly... or would that be 'gay'?

In any case: If "Capitalism" is defined as an economy in which capitalists exist (AKA the State acknowledges and enforces private ownership of society's capital), then clearly socialism (anti-capitalism) is preferable.

>b-but ... socialism works better with a smaller homogeneous population
No shit, why do you think global capitalism wants to stamp it out? THINK.

[Anonymous No.52970542]

>>52970471
where did i say capitalism failed?

[Anonymous No.52970619]

>>52970542
I have to work 200 years after the invention of the steam engine. Fuck capitalism bro.