Capitalism or Communism 2 vile and cruel extremes that have both foundered. Only the capitalists are too stupid to know it yet. There is no need to be cruel to have an efficient and laudable system. Why not ry being fair, decent, competent and honest - political dimwits !!
Communism is great if not consider two "minor" issues: 1) It's basically not any close to what it's name is and the reality is - elite lives like kings and the rest are bound to live low profile. No choice. 2) It doesn't work anyway economically, because communism model is a losing business model. And any state economy is basically a corporation, it either is profitable or it sinks.
There are some truth to this post. It is not easy for being middle class nowadays, with responsibility for elders and youngers. Lot of them max'd out their credit card, they are living on a very thin margin of what they can bring home now. An accident or a medical problem could throw them homeless.
This discussion about communism vs. capitalism reminded me the argument, what is better: CD or trading/investing (i. e. small but guaranteed income vs. uncertainty with chance for both losing or winning).
Sad, but true. Central Planning is the hallmark of Communism, and the Federal Reserve is the Central Planner of the US economy. And just like a household - whomever controls the purse-strings, rules the house. Inflation is an invisible tax, so the gov't taxes you directly, and the Fed (regressive-tax) taxes you indirectly.