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**18holesin** · 01-06-2011, 11:24 PM

When has capitalism ever worked? Capitalism is a failed system because there are no checks and balances to the power of the corporation. Corporations just grow ever so much more powerful each and every day.

Capitalism has never failed. The only failure is when government steps in and tries to regulate it and tax it.

Where as socialism has a proven record of failures, every nation that used it has failed. Sure there are some pros to socialism, but they quickly put a strain on the majority in financials. You simply can not (no matter what it is) have your cake and eat it too. There is always a failure in some form or fashion.

01-06-2011, 11:24 PM	#23
18holesin Join Date Nov 2005 Posts 580 Senior Member	When has capitalism ever worked? Capitalism is a failed system because there are no checks and balances to the power of the corporation. Corporations just grow ever so much more powerful each and every day. Capitalism has never failed. The only failure is when government steps in and tries to regulate it and tax it. Where as socialism has a proven record of failures, every nation that used it has failed. Sure there are some pros to socialism, but they quickly put a strain on the majority in financials. You simply can not (no matter what it is) have your cake and eat it too. There is always a failure in some form or fashion.
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