Socialism

Socialism is a red herring, due to its constant confusion with Communism by pretty much anyone who makes arguments against it, and occasionally when quoting the movie Clue. Given their close political motivations and the fact that most people can't tell them apart anyhow, both topics will redirect to this page.

The best way for Capitalism to avoid Communism is to implement Socialist reforms to improve economic justice.

Communism has been tried and it did not succeed in producing a happier society, nor did it succeed at producing actual communism.

A mixed economy has produced the best historical outcomes for both wealth and happiness.

We must avoid the inevitable war that will result if large-scale transformations in the economy and distribution of wealth are implemented without sufficient democratic support and incrementalism. Tax rates should be increased slowly, and incentives should be used in favor of mandates in order to encourage transition towards worker ownership.

See Economics and Capitalism.

Communism vs. Socialism - What's the Difference?

Clue - Communism is Just a Red Herring

Dire Straits - Money for Nothing

Rage Against the Machine - Take the Power Back