Communism doesn't work, ask the Soviet Union.
Communism is doing so well in Cuba, isn't it? I hear people are still driving cars from the 1950s, 60s, and 70s, because Cuba doesn't allow importation of vehicles from "capitalist" countries. Is that true?

Communism, while many of you believe brings "equality" simply creates two tiers of citizens, or subjects: the top ruling class (the government) and the poor working class. WIth Communism, there is very little upward mobility, meaning whatever job you get, you're probably stuck with.

With Capitalist economies, a middle class is formed, thus creating three tiers of people, the poor, the middle, and the rich. The rich become rich by innovating and producing, which, many can do. Capitalism also allows for upward mobility, meaning, if you are working a part time job at minimum wage, all it takes is effort, and perhaps a little education and you can make something of yourself.

As for China, they aren't wholly communist anymore. They have opened up to capitalist ideals and have allowed western companies to work in their country. 

I guarantee that half of the video games made wouldn't be so if the U.S. was a communist country. 

Cuba having old cars is not communism's fault, America has had sanctions on Cuba since the 1950's. The USA won't let Cuba trade if they wanted. Your other stuff is right though. And what if a country wants to put it's people over profit, the US should not interfere there. 

But back to capitalism, it's not perfect itself. If it were, boom and bust and unemployment wouldn't exist. Also, most of the rich are rich because there family are, in most cases. Few ordinary people ever became rich like that and the companies get too big that they end up limiting competition and innovation. I'm not saying communism is the answer, but i think the best of both systems would be better.

Finally, China only opened for the money that's it, what's saying China's economy will always be open like this though. We don't know, as it's up to the chinese premier.

I can understand the corporal part, but where exactly is the socialism? America and West Europe are not socialist at all, there are neo liberal.

All government needs to do though is stop giving subsidies to big companies that don't need them and fix any loopholes to eliminate corruption and act to try to prevent economic collapse in the first place. This recession needs to be the last one ever

Capitalism is the unequal distribution of wealth, communism is the equal distribution of poverty. End of discussion.

Not true. There is not a single thing that could not be effectively privatized. The only thing I want the government in control of are the military and the court system (a neutral party to settle disputes between individuals). But beyond the courts, even the jails could be privatized and the roads to the jail, and the policemen who escort the prisoners to jail and  the guards...etc.

The socialism comes in that social spending represents the majority of federal spending:

Well the welfare state I guess, but i think a country needs a public health care service before it can be remotely socialist 

So they can only buy cars from USA, right? You know you can find american products in Cuba? They only have to be sold thought a third country, american companies can't sell to Cuba, but any other country companies can.

You should have made it capitalism vs fascism. Although it would be hard to tell them apart.

It don't make it right though, some things shouldn't be privatised at all, stuff like healthcare, education, emergency services, jails should not be fully privatised, they should be publically owned. While, other stuff like the media, businesses and banks should remain fully private. An economy shouldn't be fully government or privately owned, a mixed economy is better.