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  #65  
Old January 17th, 2004, 12:20 AM
Tchiowa
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Default How US helped Iraq build deadly arsenal

"DN" wrote in message ...
"Tchiowa" wrote in message
om...

SNIP

Enlighten me/us on the merits of *your preferred system* and its

historical
record.


Capitalism. More people have benefited in more ways in the long run
from capitalism.


You do mean Alan Bond, the Late Skace, the Late Laurie Connell, current
money handlers of NAB, AMP., ANSET and the seven year list of hearings to be
heard by our Courts of other financial misadventures ? And that leaves
Japan, USA, UK etc yet unmentioned, in the list of those who we look up to
as proof that capitalism is the way to go? Pull the other leg ;-)


I mean Western Europe, North America, Japan, Australia, etc. who have
all embraced Capitalism and whose people are all better off than those
living in Socialist countries.

The core belief in Socialism is "Redistribution of Wealth". The core
belief in Capitalism is "Creation of Wealth".


Where does land speculation, or for that matter any monetary speculation fit
in on this deal of wealth creation? Speculation in Real estate for example,
does not create anything other than a bill to be paid by later generations
surely?


What does that have to do with Capitalism? Do you know what the word
means?

Socialism is a zero sum game. To help one person you must hurt another
person. Capitalism helps everyone. Some benefit more than others. But
even the worst off are better under Capitalism than Socialism.


If Socialism is a zero game, then based on what was discussed earlier in
this post, Capitalism must be a minus (negative) game. Oh, why we are about
it, how old is your system?


Old enough to have been proven successful.