Is capitalism the best choice for the middle class because it forces employers to compete for skilled workers?

Question

Capitalism puts the skilled worker in control, because if he's not satisfied with his current job he can shop around to find another employer who has a better offer. It forces businesses to outbid each other for the best workers, so the skilled worker gets the best possible pay and working conditions.

Is that why socialism is preferred by lazy loafers who lack any skills, and by greedy companies that want to underpay skilled workers?

Is that who really wants socialism?

Answer 1

Capitalism sent your father's job to India and your mother's job to China and offers you the choice of shopping at stores that stock products mostly made outside your country. Even the head of Bain, who was auditioning for the job of Capitalist in Chief gets that.



If the pool of skilled workers was limited, there could be competition. But where jobs can be shipped overseas or outsourced on the web, the pool of workers is infinite and wages and incomes in the US can only go DOWN.



When you say Capitalism you really mean 'within our US borders'. Newsflash, those days are gone. You are living the dream of the social Darwinists--the true Capitalists.



Gee Wally is right on!

Answer 2

..... GOD your an idiot socialism's goal is to make sure their is no social-economic inequalities like their is in capitalism .Had their not been socialist their would not have been a labor movement meaning their would be no minimum wage and employers could pay you whatever they want to pay you.Meaning they could make you work for three dollars an hour and you could do nothing about it. Their would also be long working hours as well as no child labor laws . Had it not been for socialist and moderate leftist you would not have these labor reforms.

Answer 3

"Capitalism places the experienced worker on perfect of issues, because if he's not any longer satisfied with his cutting-edge pastime he can keep round to locate yet another organisation who has a better useful provide." LOL. You act like maximum each body is content with their cutting-edge pastime. "Is that why socialism is favored with the aid of lazy loafers who lack any skills, and with the aid of grasping businesses that favor to underpay experienced workers?" believe me, large corporations despises unions and socialist guidelines.

Answer 4

Except when you are in a bad economy where executives lay off workers so they can take larger Christmas bonuses.



Anything left to its own devices becomes corrupt, with out an agency to police it for fair play, it will self destruct.

Answer 5

well we gave your theory a try for the past 30 years and it didn't work out so well did it? there has been more economic anarchy in this country for the past 30 years more than any other time in US history. From 1930-1980 we experienced the most prosperous era's in our history through progressive legislation. History suggest's your "austrian" economic theory doesn't work, whereas Keynesian economic theory has been validated throughout history.

Answer 6

Capitalism actually gives the middle class the opportunity to be the employer.

Answer 7

RE: socialism, if capitalism was the panacea that many claim it to be then we wouldn't be having this conversation would we?

Capitalism has some serious problems. We have no poor in America. What we see are victims of capitalism.

Answer 8

Capitalism is great bro... when are we going to get that here in the US?

Answer 9

I don't know? What kind of exceptional skills do you have?