Capitalism is better than Socialism

A detailed Summary of Capitalism is better than Socialism


I sat down to watch a movie, after a while feeling a little thirsty I called out to mom instinctively asking her for Coca Cola. "There's no Coca Cola today beta, the last bottle just finished, but I did make some meethi lassi today, do you want some?" "Lassi!!!" I said my eyes almost popping out of their sockets in shock, how could ami have possibly thought that I(emphasis and a lil pose), a product of this age,the modern age, care for something so, so "Socialic" so "local" so, "UNCOCA-COLIC". Mom has to remember that to survive in this age we have to eat coca cola, sleep cococola and drink only cocacola. My fellows, for saying this I have my own reasons,

Coca Cola is a product of a capitalistic economy and lassi of a socialistic one. Coca Cola a product of a capitalistic market, and lassi a product of a socialist nation. To understand this it is essential to understand just how capitalism is better than socialism and what they really are.

Capitalism is an economic system in which private individuals and


business firms carry on the production and exchange of goods and services through a complex network of prices and markets. However, Socialism is an economic and social doctrine which demands state ownership and control of the fundamental means of production and distribution of wealth. In Capitalism, basic production facilities that is land and capital are privately owned, economic activity is organized and coordinated through the interaction of buyers and sellers. Consumers are free to spend their incomes in ways that they believe will yield the greatest satisfaction. This consumer sovereignty' as it is called, reflects the idea that under capitalism producers will be forced by competition to use their resources in ways that will best satisfy the wants of consumers. Self-interest and the pursuit of gain lead them to do this. Thus, in doing so although the producers or private companies gain wealth for themselves they in effect make the society economically strong, as can be seen by the fac

Some common words found in the essay are:
Coca Cola, Cola Socialism, UNCOCA-COLIC Mom, coca cola, , coca cola product, local culture, cola product, foreign culture, coca cola lassi, Cola Lassi, cola product capitalistic, product capitalistic, advanced age, cola lassi, foreign products,

Approximate Word count = 684
Approximate Pages = 3 (250 words per page double spaced)

Category: Miscellaneous

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