ManOfTrueTruth said:
Rockefeller, JP Morgan and their influence of buying and owning politicans and turning them into their puppets is a good example.
That has nothing to do with capitalism and everything to do with corruption. It would be just as easy to buy off government under a socialist idealogy, as in the oil for food program, France and Germany(heavily socialist) and others were bought off by Sadam Hussein(despot).
The Soviet Union and Stalin is another example of unrestrained socialism.
This is because the only way to sell these idealogies is to eliminate choice, those who want the other option naturally cannot be allowed to exist under the circumstances.
In pure unrestrained capitalism, power, remains in only the hands of the richest few while everybody else has no rights or voice and are dehumanized.
And under socialism/communism the few are the ONLY ones with wealth and choice, in fact, the beautiful thing about capitalism is that when the government only legislates when necessary AND proper, and only taxes for essential needs more people move up, like the Kennedys, the Rockefellers, the Hiltons, et. al.
I think a system that has both capitalism and socialism is the moderate solution, rather than some radical solution like pure unrestrained capitalism or pure socialism.
It won't work, all a mixture would offer is lateral movement individually, those who have money will continue to have money, those who want to advance will be taxed back to their original starting point. How do I know this, because this is what is happening currently in the U.S.