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  •  Socialism and communism work fine.... (1+ / 0-)
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    Calamity Jean

    ....as theories. So does capitalism.

    But no "ism" is going to work as postulated in any theory. I agree that capitalism will tend to work a bit better because it's predicated on the idea that people will work harder and smarter when it's for their own, individual benefit. In that way, capitalism is more realistic when it comes to human nature.

    However, unchecked and unbalanced, capitalism too will tend to "concentrate power in the hands of a few who will inevitably be corrupted."  The mess we are in now is proof of that.

    My real point is that no large scale human system  is capable of static perfection. Like any delicate and complicated machine, they all require constant adjustments...and constant watching.

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