by 
7ate9
ANSWERS: 19
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Well, if I was a rich capitalist I would say capitalism. But I'm not a rich capitalist.
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It depends. Not everyone has the same outlook about life. What makes it a good quality for certain people might not be as good or might be bad for others.
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I say capitalism since a free market forces businesses to have the best prices due to competition instead of having set prices by the government. But what do I know, this answer is just a tinsy bit biased since capitalism has worked for me!
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Captialism is the only workable way that we know of to harness the human propensity for greed to create good for all.
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Econ 101, until human learn how to control our need, neither system is going to work. The government is goint to grow bigger and bigger and one day everything will collaspe.
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Socialism :)
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Capitalism is what made this country the most prosperous land on earth. No one can hold a candle to what this country has achieved or accomplished.
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Socialism has failed repeatedly in the course of history.
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Both. A situation where the people have a viable choice, allowing them to choose capitalist or socialist depending on the economic or social situation of the time. Both systems are incomplete, so until there's a single system which offers the benefits of both, the best option is to switch between them as the needs dictate.
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No government system will provide any quality of life if run by greedy corrupt people. Most people that make posts like yours are usually totally ignorant of any history and do not even understand the words they use. They have no idea what capitalism and socialism is and cannot explain them. They are just words they saw someone on TV say.
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It's too bad you have to even ask.
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Since neither system (in its pure form) has EVER been tried on Earth, we can't say for certain. However, the indicators are that a certain amount of socialism (e.g. as practiced by much of Europe) leads to a happier population than places where near-pure capitalism is/was practiced (Somalia, post-USSR Russia, 19th-century 'robber baron' America, etc.)
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its that twenty five percent capital gains tax that is the killer. would we have that with socialism? to be a capitalist, one must make big money to compensate for that Darn capital gains tax.
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The combination of rule of law, and capitalism is the greatest force for long-term public good on Earth. However, over the short term (less than 10 years), socialism would lead to the broadest high quality of life (while sociaty spent its "retirement savings" accumulated in the form of productive industry).
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Capitalism for the few, Socialism for the masses.
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Perhaps a blend of both. Not that government regulation of utilities is a profound example of socialism, but I worked for a well-unionized, strictly regulated utility (AT&T). The company was (is?) well-managed, was (is?) an excellent performer, and I had a great career there with excellent benefits.
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Capitalism if it were ever really implemented. The bastardized 'mixed economy' mess that we have been clunking along with since the '30s at least (more like 1913 if you factor in the creation of the Federal Reserve) combines the worst features of both systems.
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Capitalism There is more incentive to be the best you can be!
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Capitalism. I've lived under socialism a big chunk of my life, and I know, believe me. However a capitalism in America now is not the same as 28 years ago when we arrived. Reagan's American capitalism was a whole lot better than now. That kind of "broken" socialism we lived under gives you no motivation to work hard. And if people don't work hard enough they don't produce right? If they don't produce it throws a country's economics far behind. Generally socialistic countries are poor, with some exceptions. They mostly depend on the Imported products. Capitalism's competition system has been pushing a progress at all times.
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