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  • Posted By: starship
  • Date Posted: 10/19/2010
  • Category: Philosophy
  • Words: 796
  • Pages: 4
  • Views: 683
  • Rank: 763

Capitalism Vs Socialism

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Capitalism Vs Socialism

The working class has the basic knowledge and principles they need to run the economy. Training is given where it is needed, and educational institutions have been refined so we have professionals in the fields where it is more important that the person has extensive knowledge in the subject. For example, doctors go to school for many years to learn all they can about the human body so that they will know what they are doing when it comes to the time they have to perform a surgery and make judgements on a real human being. For those who are working in a socialist economy the government has made laws all companies must follow that are also working class principles. All workers should be treated fairly and equally and this is what these laws were made to do, protect the working class. Minimum wage is set so all workers receive atleast this amount of pay, and then wages must go up according to their type of job. Also, good working conditions must be provided for safety reasons, no child labor, and no discrimination at the work place are a few laws that have been made. Capitalists and socialist disagree about certain ideas each group has and criticizes each other's ideas. First we will start with what capitalists think socialism is. They feel that man must sacrifice his own notions for the sake of the greater good in their economy. They feel that they must also sacrifice their individual mind, which denies them the sole means of survival for man and his nature as a rational being. Capitalists do not regard this system as an ideal. A capitalist' ideal accommodates one standard of life, man's life. The measure of a socialist system consists of the appraisal of, the relationships between ...

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