So, I was working a shift tonight at work. When I was finished, I parked the utility vehicle back up in the barn and walked over to my timesheet.
Sat there on the worktop was a bag with a present inside it and a card for me. It was from my boss, and it was a big tin of Fox's Biscuits. How does this prove that capitalism is better than socialism? Because it felt good that my boss [i]chose[/i] to give me a gift, out of his own charitable attitude. It wouldn't have felt so nice if he had to use his wealth to give me a state-mandated gift, now, would it?
Besides this, the fact that he was capable of using his profits to a generous end is indicative of the fundamentally damaging burden of excessive taxation, should the government require inordinate amount of funds to keep its unjustified the-poor-don't-need-to-work-for-what-they-get welfare state.
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This idea that unfettered capitalism trumps unfettered socialism or vice versa is such a ridiculous idea. The truth is that any economic system must be balanced. The US economy is capitalism with many socialist elements. These elements, such as government regulations and a social safety net, ensure the protection of the people when it is not in corporations interests to ensure those protections. Capitalism undoubtedly fuels innovation and economic growth, but unfettered capitalism is just as flawed as pure socialism.