Which Economic System is Best?
« on: December 01, 2013, 10:40:25 PM »
Some say capitalism that encourages competition and motivation to improve product quality and prices. Others say socialism that gives a fair share to all who contribute to society.  Some might say the answer lies in a mix of two or more systems.

So what are the opinions of our members on this matter?
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Offline Blanko

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Re: Which Economic System is Best?
« Reply #1 on: December 01, 2013, 10:45:06 PM »
One that we haven't figured out yet, but it's probably pretty similar to capitalism.

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Offline Rushy

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Re: Which Economic System is Best?
« Reply #2 on: December 01, 2013, 10:45:21 PM »
All economic systems are perfect, that is, until you put people in them.

Re: Which Economic System is Best?
« Reply #3 on: December 01, 2013, 11:12:28 PM »
A system similar to capitalism is probably best.  With the lack of product knowledge the average consumer has (whether from laziness, product complexity, or dissimilarities of competitor products), the system would need to have some consumer protection built into it.

Re: Which Economic System is Best?
« Reply #4 on: December 01, 2013, 11:20:06 PM »
American-style Capitalism.

Re: Which Economic System is Best?
« Reply #5 on: December 01, 2013, 11:55:07 PM »
A free market is an appealing thought, but to me it seems to result in big monopolies and the rich rigging the system to benefit themselves.

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Offline spoon

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Re: Which Economic System is Best?
« Reply #6 on: December 02, 2013, 05:20:28 AM »
Best for what? For smart people? For stupid people? Or even worse, actual people?! If people were intelligent, a completely free market would self regulate in a very effective way.

Since a nation's economy is mostly predicated on its government, the question is basically "Which governing system is best?"

The answer to that question is anarchy. Again, that's only if people are smart. The dumber people are, the more government is necessary.
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Re: Which Economic System is Best?
« Reply #7 on: December 02, 2013, 05:22:45 AM »
Best for what? For smart people? For stupid people? Or even worse, actual people?! If people were intelligent, a completely free market would self regulate in a very effective way.

Since a nation's economy is mostly predicated on its government, the question is basically "Which governing system is best?"

The answer to that question is anarchy. Again, that's only if people are smart. The dumber people are, the more government is necessary.

I suppose the question is geared towards practicality.  Which is most practical in reality?
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Offline spoon

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Re: Which Economic System is Best?
« Reply #8 on: December 02, 2013, 05:29:41 AM »
The one that works best
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Offline Rama Set

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Re: Which Economic System is Best?
« Reply #9 on: December 02, 2013, 06:49:19 PM »
I like capitalism for all interactions between private citizens with some regulation so that citizens with large amounts of capital are not able to abuse those with less.  For government interactions with people I prefer socialism.

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Offline Excelsior John

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Re: Which Economic System is Best?
« Reply #10 on: December 03, 2013, 12:10:40 AM »
Some say capitalism that encourages competition and motivation to improve product quality and prices. Others say socialism that gives a fair share to all who contribute to society.  Some might say the answer lies in a mix of two or more systems.

So what are the opinions of our members on this matter?
Socialism because its fair. Capitalism is all about money money money. Only the greedey fat cats benifit of capitalism while the poor is starving and dying and the goverment is doing nothing to help it. Obama himself is trying to help out the poor being the good caring man he is while evil rascist greedey rich republistupit basterds keep on giving more and more to the rich. Not to forget there taxing the poor higher than the rich while the rich just sit there in there filthyness and greed and dont care about there poor brethren. Anyone who suports capitalism is a rascist
Viva la FES!
Quote from: Yaakov ben Avraham link=https://www.theflatearthsociety.org/forum/index.php?topic=59968.msg1544396#msg1544396
Excelsior:...You are clearly a reasonable and intelligent person.

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Re: Which Economic System is Best?
« Reply #11 on: December 03, 2013, 01:40:05 AM »
Well, this is an interesting question, and many things need to be considered carefully. True Communism would be best in my mind, but I don't think that it can ever be achieved in reality, because people, any people, tend to be greedy. Take a man who has millions, he will want more. Take a man who has nothing, and give him something, and he will want more. This is obvious by the number of people who are on welfare and yet pump out more and more kids every year in order to the increase in that check.

EJ, I know that you are a troll, but just because a person doesn't like Obama's political views, doesn't mean he is racist. I voted for the man twice, and I have VERY mixed views of how he's done so far. And no, I don't consider myself racist in any sense, although my lack of political correctness may sometimes make me very blunt. Frankly, in defence of truth I don't care who I offend, whether, they are Black, White, Brown, green, or purple.


Saddam Hussein

Re: Which Economic System is Best?
« Reply #12 on: December 03, 2013, 03:54:36 AM »
EJ, I know that you are a troll

Then stop replying to him.  There's no "but."  Just stop it.

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Offline Tom Bishop

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Re: Which Economic System is Best?
« Reply #13 on: December 03, 2013, 05:42:28 AM »
In a communist society where the government owns all means of production in the economy, what incentive is there for the government to do anything beyond providing the basic necessities for the population, such as creating Facebook, filming expensive $300 Million Dollar movies, or publishing XBox 360 games?
« Last Edit: December 03, 2013, 05:45:55 AM by Tom Bishop »
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Offline Socker

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Re: Which Economic System is Best?
« Reply #14 on: December 03, 2013, 06:25:46 AM »
Communism can be just as effective or better than capitalism in theory, but it seems to always breed corruption, so I guess capitalism wins it for me.

Re: Which Economic System is Best?
« Reply #15 on: December 03, 2013, 06:39:21 AM »
Capitalism has the checks and balances that communism doesn't.  The best way to prevent corruption is to make it harder to partake in the corruption.

Offline Socker

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Re: Which Economic System is Best?
« Reply #16 on: December 03, 2013, 06:54:02 AM »
Capitalism has the checks and balances that communism doesn't.  The best way to prevent corruption is to make it harder to partake in the corruption.

True, but just about everyone will call corruption on any form of government.

Re: Which Economic System is Best?
« Reply #17 on: December 03, 2013, 04:10:38 PM »
Capitalism has the checks and balances that communism doesn't.  The best way to prevent corruption is to make it harder to partake in the corruption.

True, but just about everyone will call corruption on any form of government.

Capitalism runs the risk of corporate corruption, not just government corruption.  Sometimes there's corruption in both areas as corporations try to bribe the government to ignore illicit and unethical practices.  In capitalism, money is power, and power corrupts.
I don't even care to find out what you're doing wrong, but I'm sure you're doing something wrong.

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Offline Excelsior John

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Re: Which Economic System is Best?
« Reply #18 on: December 03, 2013, 09:26:03 PM »
Well, this is an interesting question, and many things need to be considered carefully. True Communism would be best in my mind, but I don't think that it can ever be achieved in reality, because people, any people, tend to be greedy. Take a man who has millions, he will want more. Take a man who has nothing, and give him something, and he will want more. This is obvious by the number of people who are on welfare and yet pump out more and more kids every year in order to the increase in that check.

EJ, I know that you are a troll, but just because a person doesn't like Obama's political views, doesn't mean he is racist. I voted for the man twice, and I have VERY mixed views of how he's done so far. And no, I don't consider myself racist in any sense, although my lack of political correctness may sometimes make me very blunt. Frankly, in defence of truth I don't care who I offend, whether, they are Black, White, Brown, green, or purple.
Uh im pretty sure im not a troll so stop being a jerk. I never called you a rascist but sometimes you seem like one (not to forget the nazi beleif in Jewish as a race). And yes you are vary politcley incorect I was sickened by those coments you made in .org. And btw these are my views so DEAL WITH IT BUCKO!
Viva la FES!
Quote from: Yaakov ben Avraham link=https://www.theflatearthsociety.org/forum/index.php?topic=59968.msg1544396#msg1544396
Excelsior:...You are clearly a reasonable and intelligent person.

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Offline Sean

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Re: Which Economic System is Best?
« Reply #19 on: December 04, 2013, 05:58:45 PM »
Capitalism is best in encouraging innovation.
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