Better for all, Capitalism or Socialism?

[SamuelRSmith]

TheRealMafoo said:

SamuelRSmith said:
@Mafoo

Question: When NASA was formed to beat Russia to the moon... did it receive funding from the Government?

Of course.

But NASA spent it on contractors in a very capitalistic way. let's say NASA has a pool of 10 contractors, and 10 million dollars to spend. NASA needs the best technology from these people. NASA could either go the socialistic way, and just give each one 1 million, and then say “now build me something cool”, or they could go the Capitalistic way, and say “only 1 of you is going to get the 10 million, and that's the company with the best stuff.”.

Which one yields the best technology, do you think?

 

 

Yes, but my point was going to be that capitalism in its purest form would have resulted in no landing on the moon, as no one would invest in something that was simply unprofitable.