Why Is Capitalism Better Than Capitalism

Is Socialism better than Capitalism? . Many people argue on which one is better. The two ideologies are Socialism and Capitalism. Many ask, “Which one will bring success for humanity” or “which one should the government have in hand”? Some people say that Socialism is the best or some would prefer Capitalism. In my opinion, I think Capitalism.
“What is Capitalism?” Capitalism is a political form that states: `All means of production, are owned by the people (private property). For ex; private school. So it’s basically saying everything you earn, you can keep possession of it. Secondly, “What is Socialism?” Socialism is all means of productions are owned by the government. For ex; public school. This is stating that the government has all control of all citizens’ facilities. These two ideas have strong meanings …show more content…
Two great theorist that point to these circumstances are: Adam Smith and Karl Marx. Adam Smith is regarded as one of the founding fathers of Capitalism. The idea of free market was concluded by him and many other theorist such as Benjamin Franklin. On the other hand, Karl Marx is regarded as one of the founding fathers of Socialism. He believed that private property should be abolished. As a result, government control is necessary for equality freedom.
Overall, Capitalism is the best for society and is better than Socialism. It has been proved that any country living under the Capitalist society, has always been successful. Everyone would want to have rights to keep their own property. Governments can’t be trusted in any way! Free market has been fair for the people. Having the state to keep your property is never going to make people happy. Even in the future, Capitalism will always be alive no matter how hard people will try to push Socialism, Capitalism will always be the best for