Capitalism is the backbone of our American system.
Socialism is a fundamentally flawed system that is in direct clash with our American ideals. Capitalism helps the economy to grow, rewards people on their successes, and incentivizes individuals to work hard. We need to cut taxes and create a hierarchy where those who want to earn more money have a reasonable pathway to do so. All of these socialist programs and proposals sugges
This house believes that capitalism is better than socialism
Yes, the capitalism better than socialism.The core of the capitalist doctrine will be defined as the belief that the means of production and distribution should be owned privately in order to gain profit: private ownership and free enterprise are believed to lead to more efficiency, lower prices, better products and rising prosperity 1/2. Socialism will be stipulated as a theory which advocates that ownership and control of the means of production should belong to the community for the common good: under these premises the community is assumed to be both more just and humane3.That capitalism is the presiding economic system of today's world is indisputable, however the fact that it is dominant does not necessarily imply that it also is the supreme. The 20th century has been marked by fierce debates challenging or justifying the validity of capitalism; world powers have disagreed and still disagree about the benefits and drawbacks of the system and the dispute's considerable consequences can amongst others be felt through the relics of the cold war4/5.
d by the president are absolutely "malarkey", to say the least.
The Western democratic capitalist system protects individual's rights and liberties through freedom from of interference by other people. Mature adult citizens are believed to have the capacity to choose what kind of life they want to lead and create their own future without paternalistic coercion from the state (Berlin, 1958). The capitalist society's ideals could perhaps be best exemplified with the American dream where everyone has an initial equal opportunity to reach their full potential, each individual being choosing their own path free from external coercion,. James Truslow Adams defines the American Dream as the following in 1931 "life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement"1. The current President of United Stated Barack Obama is a typical example of a person who has achieved the American dream. Barack Obama did not start his life with a traditional "fortunate circumstance" previous presidents had enjoyed (e.g. George Bush). Nevertheless he succeeded in transcending his social class, his race etc. and became the president of United States2. Thus capitalism provides everyone with a fair chance to reach great achievements in their life if they seize the opportunities.
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