- Aug 19, 2008
- 11,111
- 3,922
- 315
Although I do not remember the source, a good example of why socialism is a bad idea is that it only works as long as you can spend other peoples money, and when other peoples money runs out socialism fails.
That's a pretty weird statement. In a socialist society, everyone works so wealth is constantly generated by everyone. The wealth is distributed evenly. In a capitalist society, the people who are the most productive get only a tiny percentage of the wealth, while a tiny minoruty of unproductive people get the majority.
For example, the CEO of Goldman-Sachs recieved a 70 million dollar Christmas bonus. Do you really believe that he did that much productive work?
Your mixing up the concept of socialism with the American welfare state. The two are not related.