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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (138349)7/30/2001 1:18:47 PM
From: tejek  Read Replies (2) of 1583130
 
Capitalism has been shown to work. Socialism and communism, while more principled, has no incentives.

I disagree with that statement. Socialism and communism are not more principled or based on higher principles then capitalism.

Tim and Harry, first socialism works but not the way capitalism does...does not mean that capitalism is necessarily better. Secondly, level of socialism determines the degree of incentives. There are forms of socialism in both Norway and Sweden. In Norway, however, there seem to be more incentives to grow and prosper.

As for communism, I don't know how you can make your statement since to my knowledge no country in the world has established an economy based on communism as outlined by K. Marx. So I don't think we know what the results would be under a communistic form of gov't and economy.

In fact, I have found that companies which employ one aspect of communism....ownership by employees...companies like SAWS...tend to do very well economically. SAWS was doing so well, it just got bought out.

ted
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