I suggest that neither capalism or socialism has ever really existed. Sociallism in Russia, was snuffed out by Stalin who in fact was more of a faciest than Hitler. In turn the unbridled capalism of the 19th century was hijacked by greed and conduct without conscience that launched the industrial revelution and child labor.
What we tend to do is label systems that have been bastardized, and to not resemble the original intent.
I suggest all systems are subjected to tyrants that take advantage of their fellow man in the name of greed.
Raising the minimum wage should not be required if thinking people were running the system, as if the poorer people had more purchasing power.
Socialism attempts to even out the economy buth will never be able to do that and the current path of capalism could well lose control of the economy as today the markets are fuelled more by specualtion than actual productivity
What we tend to do is label systems that have been bastardized, and to not resemble the original intent.
I suggest all systems are subjected to tyrants that take advantage of their fellow man in the name of greed.
Raising the minimum wage should not be required if thinking people were running the system, as if the poorer people had more purchasing power.
Socialism attempts to even out the economy buth will never be able to do that and the current path of capalism could well lose control of the economy as today the markets are fuelled more by specualtion than actual productivity