Friday, November 13, 2009

Capitalism and Socialism

Capitalism is system that allows people to pool their resources to be more productive and earn more income. People are free to use that income as they choose. They can choose to give it to others.

Socialism is system of distribution, in which political power is used to compulsorily take the stuff that one group of people have produced and give to others. That does not sound like the gospel to me.

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