I think a lot of the disagreements about capitalism and communism stem from the fact that the terms are not very well-defined and are riddled with
historical bias. Communism has an obvious historical stigma in the US, and for many of us in the ATS crowd, capitalism has its own stigma.
I like to just abstract the terms and define them using etymology for simplicity's sake. IMO "ism" simply indicates that something is being valued or
Communism - value or priority assigned to the commune
Socialism - value or priority assigned to society
Capitalism - value or priority assigned to capital.
*Note that "capital" implies power and/or status, not just money or the means of production (i.e. capital cities, capital letters, economic
Using these definitions I think communism is the best answer of the three above listed. Here is why:
Capitalism - If people only care about power and status, you get... our current world, wherein people fail to realize or appreciate their connection
to others. This is why I would classify the "communist" governments of the world as still being capitalist -- they still value power and status first
Socialism - I think caring about society is much too broad -- you would end up probably better off overall than in capitalism, but it would be
inefficient and probably somewhat oppressive.
Communism - people caring primarily about their local communities and having most issues dealt with at the community level makes the most sense to me
-- it would be both efficient and conducive to personal liberty (if you don't like the rules of your community, find another community).
on 10-12-2012 by wagnificent because: grammar
edit on 10-12-2012 by wagnificent because: incomplete sentence