Socialism lends itself to the worst temptations of man by encouraging gain at other people’s expense. Capitalism understands that men are not angels and builds in safeguards and peer pressure to prevent them from ruling over others. They’re complicated philosophies… but not that complicated.
Socialism vs capitalism
There are books upon books about the differences between and the merits of both Socialism and Capitalism. I’d like to simplify it a bit. Socialism exists under the premise that rights come from government, or man. Under Socialism, the government controls the economy and society lives to serve it. People rely on the collective for everything and the governing body attempts to impose – not equality of opportunity, but equality of results. American Capitalism presupposes that rights do not come from man, but from a higher power. And the rights are not specific to conditions like being employed or…