Quote:
Originally Posted by willravel
You also have to look at inflation and distribution of wealth for that. Inflation, theoretically, is much easier to control under a socialist system. Not only that, but I doubt anyone would disagree that under socialism there is a much smaller divide between the wealthiest and poorest.
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I don't think inflation has much to do with capitalism or socialism really. A house is still a house, and apple is still and apple, no matter what monetary value is attributed to it. My house didn't gain 5% more to it's value, rather the dollar got 5% weaker. I know there are other things that effect prices of goods, but my house is still worth X amount of gold bars despite it's dollar price going up or down.
I think we've been tricked into believing inflation is some natural occuring phenomenon when it really has more to do with the dollar not being fixed to gold and the Fed printing it at an insane rate.
The large gaps in distribution of wealth are achieved by corporations using government to legislate themselves into a larger market share. Think Haliburton, big pharma, big aggra etc. These large contracts and market entry barriers for their competitors can only be achieved when there is a huge tax base to work off that is typical of socialism rather than capitalism.