J
JamesCaruso
Guest
I believe capitalism is easier to rein in and serve the people, but I agree that if we are not forever watchful, things easily go south. OTOH, I believe socialism is an easy slide into atheism and autocratic forms of government by the fact that it places so much power into the hands of the ruling elite. Also, I have noticed in countries that are more heavily invested in socialism than we are, that upward mobility seems to come to a standstill. I met a finance officer at Enterprise Car Sales and asked him why he was in America instead of staying at home with his family in the England. He said, in England, there is no upward mobility. If you are born poor, you stay poor, with rare exceptions. He came to America to make his mark and later he will retire to England with his family. I know it’s anecdotal, so take it for what it’s worth. Also, some European countries that initially went socialist have largely gone back to capitalism citing that for all its good, socialism is not a good engine for wealth creation. Many socialist countries are built on the wealth created by their former capitalistic selves, but its a socialism that is not self-sustaining. Just my two cents.