This protects us from attaining drugs or food that can be
dangerous to our health. Capitalists do not see this as a good thing because “it
is an attempt by the government to intervene in the free choices of individuals
regarding what medical products or food one can purchase.” I think this is a
ridiculous idea because we as individuals can not know what medicines or food
can be harmful to us because we do not have the education to determine this. The
FDA is there to do the testing and research for our own good, and if we want to
abuse the product they say is bad, then we can also do it at our own risk. This
sort of regulation is also mandatory in the socialist government. In a free
market the only type of monopoly that can exist is a “non-coercive monopoly” or
one that is earned, in the words of a capitalist. The goal of a welfare system
is to help certain citizens when they need financial aid in order for them to be
productive members in society. Capitalists do not provide this service and say
it is the government stealing money from its citizens on the basis of those with
more wealth who have a duty to serve those with less. It may do this, but in the
long run it creates a class of fewer people who are dependants and have been
given a way restart their lives or begins one. Financial aid for college
students through grants and other scholarships is another example of this. The
money is going to a good cause to better young adult’s education and we can have
more qualified workers in various occupations. I do agree with a few concepts
that belong to a capitalist society when it comes to competition in businesses
and pollution concerning private property. In a free market they do not have
monopolies to protect them from competition. The fact that they do have so much
competition would make a company strive to give the best service and goods to
their customers. Once they are considered to be the best in their field people
will go to their company. For another company to do well they must also offer
the same, or if not better qualities in their products. Therefore, we then have
many companies who are all offering good products. The point that overrides this
in my mind is all of safety standards that are unregulated and do not protect
the workers who make the successful companies’ products. The key to stopping
unnecessary pollution is the verifying identity for capitalism, and the best
thing that could come out of it. The reason that it is so easy to pollute
rivers, oceans, air, and land is because it is publicly owned. Since public
property belongs to everyone, no one person takes care of it and property with
no real owner is easy to pollute.
If all property is privately owned then no one
can dump garbage in a river because it will drift into another person’s private
property, thus violating his or her rights. Capitalists do not have a
government, but they do believe in courts, or a way to settle disputes over
contracts such as property rights. Also, if the beaches and parks are owned
privately and the owner charges money for people to use his land, then it would
be in his own self interest to keep it clean so more people will come to his
park instead of a competitors’. Socialism is the better of the two systems in
several ways, and more successful. It is the governmental laws and regulations
that make them this way. It does not make the economy more complicated or unfair
by any means. Socialism is a society where all people who want to work not only
can work, but work for a good living, have a say over the conditions of their
work, wages, and even who runs their workplace. There are no bad jobs, only low
wages and bad working conditions, but under socialism all workers are required
to be treated with respect and have a job that gives them dignity. Laws have
been made to protect the worker from low wages, poor working conditions, and
other types of exploitation. Discrimination against any worker, whether it is
because of sex, race, color, or religion is also illegal. Employers must hire
for skills in a person and can not use the excuse such as they do not want a
woman working there as an excuse when she is the most qualified. A minimum wage
has been set and raises with the economic times when prices also raise. In a
capitalist society those who are not given this raise can not make a good
living, where as socialists believe that everyone is entitled to this. If a
person is skillful then they are paid according to that. Education plays an
important role also to help employees reach these skills. Socialism is a society
where workers will be trained how to run a society and learn the skills to make
good economic plans. Social ownership is not enough.
It also means that working
people run, operate, control, manage, and own all of this property. It makes
decisions as to where it wants to be in five years that affects us for the fifty
years, and what plans we are going to make to get there. When comparing and
contrasting socialism with capitalism one can find good in both ideas of
systems, it just depends on a person’s opinion. Also, I think morals also play a
large role in which system a person would choose to follow. Socialism would be
the system a moralist would more likely follow than capitalism. It appears that
capitalists are greedier and care about what is better for himself or herself
than everybody as a whole. Where as highly moral people tend to help others and
care less about being wealthy and more how they are treated, along with their
fellow workers. They like the government because they, and I also feel that the
government does provide good programs for those in need. The key to economic
success lies in the socialists’ economy because they not only offer freedom for
everybody, but a way so all businesses are fair with each other, not only in
competition, but also to their customers and employees. BIBLIOGRAPHY 1. “What is
Socialism.” http://www.igc.apc.org/socialism/SOCIAL/ socpres.htm (4 August
1999). 2. “Capitalism: Frequently Asked Questions in Theory and Practice.”
http://www.ocf.berkeley.edu/~shadab/capit-2.html (4 August 1999). 3. Reisman,
George. Classical Economics Versus the Exploitation Theory. pp. 17-18
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