Saturday, October 20, 2012

 

theory systems

Posted 10/31/08

Socialism; A system in which the government or the whole community owns the means of production, such as land and factories, and controls the distritution of goods and service Capitalism; An economic system in which the means of production and distribution are privately owned by individuals or groups and competion for business establishes the price of goods and services. The means of production include labor, land, factories, and services. The means of distribution include trains, trucks and airlines. Communism; a system of government in which the state plans and controls the economy and a single party holds power claiming to make progress towasr a society in which all goods are shared equally by the people. This is my theory if i had to choose between the three above. It would be socialism due to the fact that we've tried capitalism and it has alot of flaws in it. Because of the stigma of the whiterace verse the Blackrace. Racism allowed an unfair distribution of wealth because a generation of wealth was already established by the whiterace through slavery. Then this wealth turned into greed by the white privately owned companies and corporations which over the years started during business in foriegn countries reaping the rewards of tax breaks, and getting cheap labor so they could get a higher markup on their products sold in their American companies. They allowed our jobs to be shutdown, and prices and mortgages to go over the ceilings. Unequal opportunities in the Black communities due to privatization has led to economic hardships such as neglect of children and children being placed in fostercare at a higher rate in the black communities than in the white communities. Homelessness because of the lack of jobs and no subsidized housing for the poor.The greed of privately owned corporations and business has caused the destruction of America.

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