The Sinister Design Forums

General => General Discussion => Politics => Topic started by: josttyson on February 25, 2021, 01:56:07 AM

Title: Socialism vs. Capitalism
Post by: josttyson on February 25, 2021, 01:56:07 AM
Why are capitalist countries richer than socialist ones?
Title: Re: Socialism vs. Capitalism
Post by: CraigStern on February 25, 2021, 11:42:30 AM
That's a complicated question to answer! First, you'd have to define your terms: what is a socialist country? Are we counting social democracies, or only communist countries? And what do we mean by "richer"? Higher GDP? Higher per capita GDP? PPP?

Pretty much no matter which way you slice it, though, communist China is rich as hell--by some metrics (https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)), the richest on earth. So you might be working from a faulty premise there. Perhaps a better question to ask is, "what ways of organizing society produce the greatest wealth, and for whom?"
Title: Re: Socialism vs. Capitalism
Post by: Ertxiem on February 26, 2021, 04:19:39 AM
Adding to this discussion, I would like to point out that the natural resources of each country also play a role in determining each country's "level of richness". And note that what constitutes a "good" natural resource changes over time, e. g., a couple of centuries ago, oil was not as valuable as today, or during the Roman empire salt was quite expensive so much that it was used as payment (and it's the root of the word salary).

Moreover, there are also distinct types of capitalism, with different styles of state involvement.

As in everything in life, I believe that the optimum point lies between Socialism and Capitalism.