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24 August, 00:22

How is socialism similar to capitalism?

A) government control of business

B) high taxes for public services

C) private property banned

D) existence of social classes

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Answers (1)
  1. 24 August, 04:15
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    A. Existence of social classes ... Under capitalism those who collect another's funds in a voluntary transaction become rich (if they also run their business with a high enough profit margin) whereas under socialism: A "family" (like LBJ's and their Democrat FCC broadcast monopoly "licenses") is "granted" special privileges by the "rulers" and end up from nothing to the 100's of millions
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