Flopper
Diamond Member
Socialism or communism are Utopian economic structures that are no more viable than capitalism. According to Marx socialism is a step between capitalism and socialism. However, taking that step is far from being inevitable. In the 20th century, communism was exposed as a miserable failure and collapsed in all but a few countries. Today, some form of socialism co-exists with free markets in almost all countries.If done right, socialism, in few words, is the needs of the many out weigh the needs of the few.
If you disagree, please state why. If you agree with the statement, please state your thoughts on why you prefer or disapprove on socialism
No...socialism is the step between capitalism and true communism...where the government takes control of the means of production until the true communist state can be formed....of course it has always led to mass murder....about 100 million people around the world.
and marx stated that primitive peoples....2 stages behind the adoption of the communist state would have to be destroyed.....
Although socialism does not necessary lead to communism, too much socialism can certainly have a negative impact on economic growth just as to little can create social inequalities and economic and political instability.