Socialism
Instructions
Socialism, pros and cons, and how it could work in America. with arguments and rebuttalsMLA style with page numbers
Answer
Should America Embrace SocialismSocialism is a system in which most or all of the capital goods are collectively owned and controlled by society or the government. It is currently practiced in many countries around the world such as Canada, Sweden, and Denmark whereby the government has a huge influence over how business is conducted as well as the flow of money. The United States practices a different system known as capitalism whereby capital goods are owned and controlled by individuals and not by the government or society. Both systems have pros and cons but many Americans are afraid of socialism because of the totalitarianism that has been observed in communist countries such as China and the extreme levels of poverty in others such as Venezuela. On the other hand, there are places su...
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