@DogMan asks Of course socialism creates wealth!! Look at the Nordic countries -- government provides healthcare, education, and basic living expenses for those who can't pay. And they create plenty of wealth!!

You don't really believe capitalism creates wealth for everyone equally, do you?

The productivity of American workers continues to grow, but pay stopped reflecting that growth.

Wealth Creation vs Redistribution
Socialism emphasizes public ownership and collective management of resources, aiming to reduce inequality and provide universal access to healthcare, education, and housing (Economics Help)

. While this can improve social cohesion and quality of life, it does not necessarily increase total wealth. In fact, some socialist policies, such as high taxation and extensive welfare programs, can reduce incentives for innovation and productivity, potentially slowing economic growth (FEE)

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Theoretical Perspectives
Marxist theory argues that capitalism eventually leads to inequality and crises, suggesting socialism could create a fairer distribution of wealth (Hoover Institution)


. However, historical examples such as the Soviet Union, Venezuela, and North Korea show that centrally planned socialist economies often experienced stagnation or decline in living standards (FEE)
Foundation for Economic Education

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Capitalism is imperialistic it needs bottom feeders. It creates nations that sucked the wealth of lesser nations by explotating them. Allowimg for the richer nations to set foundations that support there economies so they can progress at the expense of poorer nations. Capitalism as a Global system is as brutal as Socialism just with different formats of suffering. Can all people of the world eat red meat at this moment? No there's not enough red meat in the world for everyone to buy red meat at this moment. This is curb by supply and demand and purchasing power. Most of this economical systems you have in countries depend on form of exploitation that moves wealth from South to the North. Let say nations developed in the world this increases overall the demand on things and supply might be hinder.

Why do Democrats pretend the Nordic states are socialist? Without capitalism the nordic states
would not survive.


The Nordic countries operate under a form of capitalism known as the Nordic model, combining free-market economies with extensive welfare systems.
Overview of the Nordic Model
The Nordic states—Denmark, Finland, Iceland, Norway, and Sweden—feature a mixed-market capitalist system where private ownership and profit-driven competition are central, but the government plays a significant role in providing social services and regulating certain sectors

. This system is often described as welfare capitalism, balancing free-market activity with strong public welfare programs such as universal healthcare, free higher education, and generous unemployment benefits

Under capitalism everyone has the same opportunity to be as rich as they want

No socialism does not create wealth.

Equality is a myth in both socialist and capitalist societies.

Socalism creates stagnation. Capitalism creates wealth if you work.

People create wealth with their labour. The political system of choice merely influences how efficiently people will be able to continue producing wealth in the future. As capitalism has not stood up well to sustained economic shocks over the past 18 years and many working people are currently struggling to stay afloat, this suggests that a change of direction is required.

no system can create equal wealth. we all have different levels of intelligence,talents and liabilities.

It preserves wealth. Productivity “creates” wealth. Really wealth is a system of capital transfer

Let's start with that last sentence🤣

Socialism does create wealth to the party and "leaders". Not so much for everyone else.

Direct comparison of Capitalism vs Socialism

GDP of North and South Korea

In 2024, North Korea’s nominal GDP was about $34.9billion, while South Korea’s was roughly $1.88trillion — making South Korea’s economy roughly 50 times larger

Only for the masters..

The pigs are in the farmhouse
Walking on hind legs
Sleeping in beds
WITH SHEETS… 😡

Examples of Non-Capitalist or Socialist-Led Countries

Cuba – Operates under a socialist system with state ownership of major industries, free healthcare and education for all, and a focus on collective welfare over private profit Ash & Pri.

North Korea – A pure communist state with complete state ownership of all means of production, central planning, and no private economy voicesofcapitalism.com.

China – While it has a mixed economy, it is heavily state-controlled, with the government directing major sectors like energy, banking, and heavy industry. Private enterprise exists but is tightly regulated voicesofcapitalism.com.

Vietnam – Socialist-oriented with state control over strategic industries, though it has allowed some market reforms.

Mongolia – Historically socialist, with state ownership of key industries and a planned economy Wiley Online Library.

Albania – A former socialist state with a centrally planned economy, though it has since liberalized somewhat Wiley Online Library.

It gives you no incentive to work hard for the money so no it doesn't create wealth for the individual

Any form of capitalism which includes tax is just socialism-lite

The fact that China/CCP has a SEZ (social economic "capitalist" zone), while socialists/communists claim to be opposed to capitalism, pretty much answers that question...

without which, they'd have ended up just like soviet russia years ago...