posted on Oct, 18 2012 @ 02:35 PM
To answer your question, yes, everyone would "benefit" under socialism to an extent. Under the economic standard of socialism, everyone's basic
needs are met by an altruistic society. The problem with socialism is that it has never ever worked in any country it has been attempted. When a
government tries to directly control an economy, citizens begin to lose basic rights. All socialistic countries have spiraled into complete
totalitarian control and hundreds of millions have lost their lives for simply disagreeing with their government. In the US, capitalism was
considered lasseiz-faire. Government was supposed to enforce laws protecting our natural rights. But, over time, all of your "isms" have
slowly crept into all matters of our lives. Capitalism does work when properly practiced by a civil society. When rights are violated, then the
government steps in and protects you from criminals. What we see today in the US is a government that is corrupt to the core. They create monopolies
with anti-trust laws, they pick winners and losers with bailouts and "green" initiatives, they tax citizens in ways that should not be legal.
So my short is: The problem with socialism is too much government. The problem with capitalism is too much government.