Better for all, Capitalism or Socialism?

[TheRealMafoo]

Final-Fan said:

TheRealMafoo said:

Final-Fan said:
Oh god, government spending isn't socialism if they contract, but it is if they don't?

Again, I am talking economics, not politics. There is a way to spend money using a Capitalistic approach, and a way to spend it using a socialistic approach. The government spending money could be for socialistic reasons (like roads), but spend in a capitalistic way (best contract bid).

So are you saying that, as far as economics is concerned, the amount of taxation and government programs doesn't matter to whether it's socialist/capitalist, but whether the programs are "in-house" or contracted to private firms?

 

Not remotely. Why you spend money, and how you spend money are very different things. The debate on why money is spent has nothing to do with what I am talking about. I am only talking about how you spend it.

For example, I am against nationalized healthcare. I think it's too socialist. But, if it passes, and we collect 2 trillion a year to support it, the question as to if we should do it or not do it is no longer the debate. The debate now moves to how do we spent it.

Spending it in a Capitalist manner, is far better then a Socialist way, and is how I would debate we spend the money I don't think we should spend.

That clear things up?