Capitalism and Socialism Essay Example | Topics and Well Written Essays - 1500 words

Capitalism and Socialism - Essay role modelThe table below pinpoints the differences between the forms of capitalism based on the institutional characteristicsAn example of a kind-hearted capitalist coun humble is Germany. Such capitalist countries get referred to as humane due to the characteristic of their institutional set up. As much as their capitalist economies get based on profit making, accumulation, and repoint contender these economies value their human population by dint of their institutional set up (Soskice & Hall 65). humanistic capitalist economy setup aims at attaining equitable income distribution for each individual in the economy. They try to create a sustainable and equitable economic environment for every player to make their contributions through their policies. Humane capitalist economies gear their policies towards efficient service delivery for the people. An example of a brutal capitalist economy is the United States. Such countries get considered a s brutal as they advocate for direct competition among its economy players. This competition leaves a percentage of the population vulnerable to poverty (Soskice & Hall 123). Brutal capitalism represents a man eat man society where the more an individual has, the more the individual is believably to accumulate more and take part in the economy. Brutal capitalist countries are more credibly to place profits over the people.A humane and brutal capitalism cannot exist together. This is so because if they do, thus it would revert to the general capitalist economy which contains strains of both forms of capitalism (Soskice & Hall 133). These forms of capitalism cannot compete without delay but rather, indirectly.Einstein argues for a socialist future over capitalism. This is so as Einstein believed that a socialist future would help cure the evils of capitalism. He suggests that there be a socialist economy