Question
This is a discussion question and what do you think? One of the defining tenets of socialism is from each according to their ability, to
This is a discussion question and what do you think?
One of the defining tenets of socialism is "from each according to their ability, to each according to their need." By contrast, an advantage of capitalism is that wealth creation occurs by letting people alone to follow their own interests. Thus, the reigning virtue of a capitalist economy is the ability to create wealth. Discussyour perspective of the transition to capitalism from socialism. Why do some countries experience difficulty in creating wealth? How is personal and interpersonal behavior affected by one system versus the next?
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