[b][i]With which political theory do you align yourself?[/i][/b]
Keep these economic systems in mind:
[b]Socialism[/b]-a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Synonyms-leftism; progressivism, social democracy; communism, Marxism, labor movement
[b]Capitalism[/b]-an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
Synonyms-free enterprise, private enterprise, the free market; enterprise culture
Socialism plays into collectivism just as Capitalism plays into individualism.
•Collectivism-the practice or principle of giving a group priority over each individual in it.
Alternate Definition-the political principle of centralized social and economic control.
•Individualism-a social theory favoring freedom of action for individuals over collective or state control.
[b]I will keep my written opinion out of this thread as to not taint the poll.[/b]
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Necro