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The moral value of equality in capitalism and socialism - Coggle Diagram
The moral value of equality in capitalism and socialism
Equality is one of the main segments pertaining to the moral dilemma of both capitalism and socialism, but none of these are able to accomplish equality.
Introduction
Equality is one of the main segments pertaining to the moral dilemma of both capitalism and socialism, but none of these are able to accomplish equality.
Following the original idea of capitalism, it is a market economy based in laws.
The monopolization of capital, Capital and profit as private property.
Miller, R. Norms of Equality Implicit in Capitalism: Supreme Court Economic Review: Vol 23. Retrieved 16 May 2022, from
https://www.journals.uchicago.edu/doi/full/10.1086/686480
Socialism tries to give an equal access to any necessary material to the society, which means offering equal opportunities to everyone.
The reality of what equality is, and how treating everybody equal, might develop inequality.
Socialism (Stanford Encyclopedia of Philosophy). (2019). Retrieved 16 May 2022, from
https://plato.stanford.edu/entries/socialism/
Inequality in these systems, is calculated in economic terms and income.
Although the definition of these systems state that equality will be present during their application, in different ways, this is not true for neither of them.
Miller, R. Norms of Equality Implicit in Capitalism: Supreme Court Economic Review: Vol 23. Retrieved 16 May 2022, from
https://www.journals.uchicago.edu/doi/full/10.1086/686480
Body paragraph 1
From definition, socialism gives a preferential value to equality, and capitalism proposes freedom of property and capital.
What is a moral value, definition based on a reference.
how might this value be reflected in both systems
theoretically
Rehbein, B. (2020). Retrieved 16 May 2022, from
https://www.scielo.br/j/se/a/FYwnxBbrHjYhKHSgsFkZbDC/?lang=en
Capitalism theoretical analysis.
Capitalism's laws of nature, its ideals, what does it consist of?
Rehbein, B. (2020). Retrieved 16 May 2022, from
https://www.scielo.br/j/se/a/FYwnxBbrHjYhKHSgsFkZbDC/?lang=en
Socialism theoretical analysis.
Socialism as a system, its ideals, what does it want to achive?
Socialism (Stanford Encyclopedia of Philosophy). (2019). Retrieved 16 May 2022, from
https://plato.stanford.edu/entries/socialism/
Body paragraph 2
Although both systems have a clear objective, when it comes to applying it to a society, the outcome is not as expected, and there is where inequality appears.
Capitalism implies social clases, and when application of the system comes, there isn't an explicit equality.
supplies or resources accessibility for everyone. Why this doesn't happen.
Miller, R. Norms of Equality Implicit in Capitalism: Supreme Court Economic Review: Vol 23. Retrieved 16 May 2022, from
https://www.journals.uchicago.edu/doi/full/10.1086/686480
Why is socialism Inequal aswell?
"Socialism produces economic and political inequality"
Brooks, D. (2019). Opinion | I Was Once a Socialist. Then I Saw How It Worked. (Published 2019). Retrieved 16 May 2022, from
https://www.nytimes.com/2019/12/05/opinion/socialism-capitalism.html
Then, though both try to gain equality from different perspectives, both end up showing an inequality of power and money.
Why is power inequality also present in socialism and how does it turn the system into a similar outcome as capitalism
Brooks, D. (2019). Opinion | I Was Once a Socialist. Then I Saw How It Worked. (Published 2019). Retrieved 16 May 2022, from
https://www.nytimes.com/2019/12/05/opinion/socialism-capitalism.html
Conclusion Paragraph
When these systems are applied to society none of these are able to accomplish equality in a way the system promises theoretically.
It is now demonstrated that, neither of the systems manage to accomplish equality, nor equity in society.
And this is proven as, regardless the country, capitalist or socialist, rich or poor, inequality exists one way or another.
Burgis, B. (2021). The Equality That Socialists Care About Most Is Equality of Power. Retrieved 16 May 2022, from
https://www.jacobinmag.com/2021/12/equality-of-power-socialism-exploitation-income-inequality-theory
Both theories were actually attempts to move toward a more just economic system; offering equality in different ways regarding their natural laws
Both economic systems fail to provide equal supplies, and for them to be accesible
Eisler, R. (2019). The fight between capitalism and socialism will be won by a totally different “ism”. Retrieved 16 May 2022, from
https://qz.com/1697577/capitalism-vs-socialism-why-neither-will-work/
These systems do have a moral value regarding equality in their theory. Application demonstrates, that the problem is not the system but how it is applied or excecuted.
Do they care about equality? Are they willing to do something about it? What could be a solution?
Brooks, D. (2019). Opinion | I Was Once a Socialist. Then I Saw How It Worked. (Published 2019). Retrieved 16 May 2022, from
https://www.nytimes.com/2019/12/05/opinion/socialism-capitalism.html