The Instigator
bigdebate
Pro (for)
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The Contender
smelisox
Con (against)
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Socialism is dwarfed by Capitalism

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Voting Style: Open Point System: 7 Point
Started: 6/2/2015 Category: Politics
Updated: 1 year ago Status: Post Voting Period
Viewed: 543 times Debate No: 76111
Debate Rounds (4)
Comments (2)
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bigdebate

Pro

Before we begin the debate, I would like to establish a few definitions:

Socialism:Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy. [1]

Capitalism: An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation and reinvestment of profits gained in a free market. [2]


smelisox

Con

im will be debatting capitalism is dwarfed by socialism
Debate Round No. 1
bigdebate

Pro

Capitalism vs. Socialism has been an interesting political argument for some time now, ever since the Old Left (In America) established they favored communism, America's economy has been the tactical battlefield of Socialism and Communism.

To establish my argument, I would like to briefly cover the modern economical history of China:

"After World War II, the communists under MAO Zedong established an autocratic socialist system that, while ensuring China's sovereignty, imposed strict controls over everyday life and cost the lives of tens of millions of people. After 1978, MAO's successor DENG Xiaoping and other leaders focused on market-oriented economic development and by 2000 output had quadrupled. For much of the population, living standards have improved dramatically." [1]

As the CIA Factbook adequately explains, under the communist regime, a socialist economy was enacted that literally CRIPPLED the economy. It took the free-market philosophy of capitalism to save China's economy and bring it to what it is today.

Another excellent example of Socialism's failure is Cuba.

"In this once spectacular tropical city, three buildings collapse from neglect every single day. There has been little infrastructure investment in 50 years and the average worker earns $20 a month. By almost any economic measure, socialism under Fidel Castro has been an abject failure." [2]

The author goes further to state:

"There are jobs for everyone; unemployment stands at less than 2%. But wages are so low that little gets done. Cuba"s productivity per person ranks among the lowest 3% in the world. A popular refrain heard throughout this city: "Fidel pretends to pay us and we pretend to work." The only jobs that matter are those where you can pilfer goods from the workplace or which give you access to tourist money. Tour guides and artists who sell to visitors command enviable incomes. Butchers earn more than doctors." [3]

So you can see that the government regulated Socialist economy is a total failure in Cuba. Although there is low unemployment, the people are paid so little that it doesn't matter. Because of this, there is low productivity.
Because of the evidence above, I would hardly call socialism a success story, would you?

[1] https://www.cia.gov...
[2] http://business.time.com...
[3] Ibid
smelisox

Con

mao zid zong is a commie naughty man
Debate Round No. 2
bigdebate

Pro

bigdebate forfeited this round.
smelisox

Con

Pro has forfeited. Vote Con.
Debate Round No. 3
bigdebate

Pro

bigdebate forfeited this round.
smelisox

Con

smelisox forfeited this round.
Debate Round No. 4
2 comments have been posted on this debate. Showing 1 through 2 records.
Posted by Nivek 1 year ago
Nivek
what a way to replly Con T.T
Posted by Kryptic 1 year ago
Kryptic
they are both the same until one gets a profit and continues to make the profit
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