Communism: To each according to his need. Socialism: To each - TopicsExpress

Communism: To each according to his need. Socialism: To each according to his contribution. Capitalism: To each according to his… Well… We don’t actually know… Maybe you’ll get lucky and meet the super secret criteria for success. Capitalism: To each according to one’s own hard work. It’s not that difficult, really. Communism: The elite take most of the wealth and crush the people. Kill them if necessary. Socialism: Government taxes the people at a very high rate then acts as though it is generous by giving a small amount of that money back in services. Innovation and new technology are nearly non-existent. Capitalism: A guarantee that you will have an opportunity to succeed. There are no guarantees on outcome, but the chance is still there. Innovation and new technology typically thrive. Not hard to get it even marginally right

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