Sunday, September 25, 2016

Worthy read-----The Experiment: Capitalism versus Socialism

The Experiment: Capitalism versus Socialism | The Arts Mechanical
It comes down to the Mercedes or the Trabant
Paul Driessen writes:
University of Delaware climatology professor (and amateur history buff) David Legates offers some fascinating insights into a persuasive socio-economic experiment.
His analysis could provide handy intellectual ammunition for ongoing battles between free enterprise-oriented Republicans and committed socialists in the Democratic camp.
What if we could destroy a country’s political and economic fabric through a natural disaster – or a war – and then rebuild one half of it using capitalism as its base, while the other rebuilds on a socialist foundation? 
David wonders. 
Let the virtues of each system work their magic, and then see where the two new countries are after fifty years. 
Actually, he says, we’ve already performed The Experiment. 
It’s post-war Germany – and the outcome ought to end the debate over which system is better..."

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