Capitalism or Socialism?

4/10/2009:

Stumbled across this post from Rasmussen Reports that says…

Just 53% Say Capitalism Better Than Socialism

enjoy-capitalism.jpg“Only 53% of American adults believe capitalism is better than socialism.

The latest Rasmussen Reports national telephone survey found that 20% disagree and say socialism is better. Twenty-seven percent (27%) are not sure which is better.

Adults under 30 are essentially evenly divided: 37% prefer capitalism, 33% socialism, and 30% are undecided. Thirty-somethings are a bit more supportive of the free-enterprise approach with 49% for capitalism and 26% for socialism. Adults over 40 strongly favor capitalism, and just 13% of those older Americans believe socialism is better.

Investors by a 5-to-1 margin choose capitalism. As for those who do not invest, 40% say capitalism is better while 25% prefer socialism.

There is a partisan gap as well. Republicans – by an 11-to-1 margin – favor capitalism. Democrats are much more closely divided: Just 39% say capitalism is better while 30% prefer socialism. As for those not affiliated with either major political party, 48% say capitalism is best, and 21% opt for socialism.”

Poll:

{democracy:278}

What do you think?

  • Do you believe that if you work hard – you should know no limit to your level of success?
  • Should homeowners be bailed out because they invested at the wrong time?
  • What about big, corrupt businesses?
  • What hand should the government play in who gets what and how much?
  • Who are the winners and losers either way?

Leave a Reply

51 Comments on "Capitalism or Socialism?"

MidnightRacer
Member

Hey, your call. Let me know and I’ll be there. Sometimes, there’s more said between 2 people than 20.

jscirish27
Member
jscirish27

I could talk for days on this subject, but alas, I don’t feel that many others would join us in this discussion… most people don’t care until it is too late.

MidnightRacer
Member

jscirish, it’s a really good topic which broadens to this whole discussion on capitalism vs soc ialism in the context of farming which people would rather ignore. I find it interesting. If you begin a thread on this with Hoboken411, I’d definitely participate. Otherwise, it’ll get lost in this thread as politics would diminish it.

jscirish27
Member
jscirish27

My bad… I did mean ADM, I was combining topics…

brian_g
Member
brian_g

jscirish27 ,

I believe you meant to write ADM rather than AIG. Unless American Insurance Group recently purchased Archer Daniels Midland.

MR,

So cia lism is a broad group of economic theories in which the government is, in some form, involved in production of goods and services. That involvement can range from strict regulatory controls to outright ownership to subsidizing specific industries.

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