12-07-2015, 11:41 AM
(12-06-2015, 11:27 PM)michaelsean Wrote: Guarantees how?
Both Capitalism and Socialism in their purest forms would fail. In a purely socialist system there is not going to be as much innovation and advancement. In a pure capitalist system you end up with more overall wealth, but a much larger portion of the citizens living in poverty due to economic oppression.
We need a capitalist economy, but it has to be well regulated by the government.