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Santiago Vergara The moral value of equality in capitalism and socialism,…

- - - - Every individual can be successful in this society
        
        ” Similarly, the government oversteps its own moral duties by implementing social programs. This philosophy of the government’s role as a referee is a derivation of Adam Smith’s influential work, “The Wealth of Nations.” In this piece, Smith describes the basic services provided by a limited government, which he believes are national defense, a judicial system, and some public goods such as education and transportation.” Abandoning Morals: The Hidden Immorality of Socialism BY SYDNEY RIORDAN ON OCTOBER 10, 2019 https://thetexasorator.com/2019/10/10/abandoning-morals-the-hidden-immorality-of-socialism/
        
        capitalist legal rules governing property, contract, and economic regulation facially include a certain norm of equality, namely, the familiar principle that these rules apply to persons without regard to their personal characteristics such as race or gender or their social, financial, or political positions in society. Often derided as a merely formal equality, this norm is in fact of tremendous importance in producing a just and wealthy society.” Norms of Equality Implicit in Capitalism - Robert T. Miller . https://www.journals.uchicago.edu/doi/full/10.1086/686480
    - - The constant competition that is among all individuals makes people to find corrupt and unequal ways to make income
        
        In one broad construal, corruption consists of deriving benefit from power over others in morally objectionable ways. The charge that capitalism is corrupt is usefully understood as a claim that modern capitalist economies inevitably and pervasively generate corrupt gains, in this sense, through conduct that does not transgress capitalist norms for individuals’ economic conduct.
        Miller, R. W. (2018). IS CAPITALISM CORRUPT? Social Philosophy and Policy, 35(02), 31–53. https://doi.org/10.1017/s0265052519000116
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    - - Corruption of the government in their management of many economic ambits and lack of educational and medic services make capitalism a very unequal system although this normative to get a sense of equality
        
        “Inequality in capitalism is supposed to be the result of competition between free and equal individuals - in contrast to other forms of organized states, which were openly unequal. The meritocratic myth was shaped by mainstream social science since the seventeenth century, especially by liberal traditions” Dossiê: Multiplicidade de interpretações do capitalismo contemporâneo • Soc. estado. 35 (03) • Sep-Dec 2020 • https://doi.org/10.1590/s0102-6992-202035030002
- - - - Capitalist society is very unfair mainly because the government don’t supply good basic services and socialism doesn’t solve that problem because on paper it does but in its appliance it all depends on morality, which this world lacks of.
        
        SOCIALISM VS. CAPITALISM: WHICH IS THE MORAL SYSTEM C. Bradley Thompson October 1, 1993
    - - In capitalism theft is a very known problem because of corruption and other factors but socialism is a way to disguise theft with legal terms
        
        “Under socialism a ruling class of intellectuals, bureaucrats and social planners decide what people want or what is good for society and then use the coercive power of the State to regulate, tax, and redistribute the wealth of those who work for a living. In other words, socialism is a form of legalized theft.” SOCIALISM VS. CAPITALISM: WHICH IS THE MORAL SYSTEM C. Bradley Thompson October 1, 1993
    - - We all are looking for a more equal world, but no one is doing anything to achieve it. None of the systems will achieve equality because there will always be someone who lacks morality and has ambition of power to steal others goods. I think both systems imply a good morality but individuals dont
        
        The morality of socialism can be summed-up in two words: envy and self-sacrifice. Envy is the desire to not only possess another’s wealth but also the desire to see another’s wealth lowered to the level of one’s own.” SOCIALISM VS. CAPITALISM: WHICH IS THE MORAL SYSTEM C. Bradley Thompson October 1, 1993
- - - - The two main strand of socialism try to find equality by and equal distribution of wealth and income and equality of opportunity among all individuals
        
        A more even distribution of wealth via progressive taxation, a welfare state based upon universal benefits and a system of comprehensive education all help to achieve a more equal society. This moderate form of socialism seeks to empower the individual from the shackles of the capitalist system. Those further to the left believe that the state should play a more prominent role within the management of the economy.” https://www.tutor2u.net/politics/reference/equality-socialism (June 2020)
    - - Less government power can be beneficial for less corruption which is one of the main issues of capitalism (not referring that socialism would stop corruption
        
        “Essentially, the government is a referee for a nation, overseeing the fairness of the game. They make sure that there’s no cheating or unfairness according to the rules, and they ensure that the arena and equipment meet certain standards. However, the referee doesn’t get involved in the outcome or plays of the game itself.” Abandoning Morals: The Hidden Immorality of Socialism BY SYDNEY RIORDAN ON OCTOBER 10, 2019 https://thetexasorator.com/2019/10/10/abandoning-morals-the-hidden-immorality-of-socialism/
    - - How can we differentiate theft with redistribution of wealth? In socialism there isn’t individuals’ freedom and future objectives (economy speaking) and this lack of desire can make individuals lame and unproductive. If productive individuals get their goods distributed among unproductive individuals, isn’t that theft?
        
        If the government forces redistribution of wealth for any social service, then an individual’s labor belongs to the community rather than himself. At face value, this idea may sound peachy; however, upon further evaluation, this concept of ownership sounds frighteningly close to slavery, in which a man’s labor is taken from him without fair reward. Even if an individual is willing to work as a slave, isn’t slavery still morally wrong? Similarly, even in an idealized situation, if the governed agree to socialist principles, the government taking an individual’s property or money is still morally wrong in principle
- - - - Capitalism is an economic system where the means of production are privately owned based on supply and demand. Income is based on private individuals
        
        References Socialism vs. Capitalism: What Is the Difference? Robert Longley thoughtco.com/socialism-vs-capitalism-4768969
    - - Socialism is an economic and political system under which the means of production are publicly owned. Production and consumer prices are controlled by the government to best meet the needs of the people.
        
        Socialism vs. Capitalism: What Is the Difference? Robert Longley thoughtco.com/socialism-vs-capitalism-476896
    - - Economics is the study of how humans make decisions in the face of scarcity. These can be individual decisions, family decisions, business decisions or societal decisions. If you look around carefully, you will see that scarcity is a fact of life.
        
        OpenStax. (2022). 1.1 What Is Economics, and Why Is It Important? Retrieved May 20, 2022, from Opentextbc.ca website: https://opentextbc.ca/principlesofeconomics/chapter/1-1-what-is-economics-and-why-is-it-important/
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