Ah, capitalism and socialism. It is best to view these two subjects more as a range instead of just one or the other.
The real argument is to what point do we increase or reduce socialism, and increase or reduce capitalism. Truly to go to either extreme is not beneficial. Socialism just does not work, but on the other end you cannot have capitalism without rules.
First (and I have said this before) capitalism works because it is the most similar to nature. Survival of the fittest. If you have a few companies competing, and one is screwing the customer left and right, they will not be in business very long. Also if a company is selling crap compared to the other companies, they will fail.
It does not sound very nice, but the weakest of the heard will be picked off. Just realize that you are the predator.
The biggest problem with capitalism is actually ignorance. I hear people tell me over and over that you only get ahead by screwing people. That if you are successful, it is because you steal, or are crooked in some way. But not one of these people is successful. They are all either looking for somebody to blame for them not being successful, or are justifying their own lack of integrity.
Interestingly when I hear about the successful business people being interviewed, the term integrity comes up quite a bit. I just heard Dave Ramsey on the radio talking about this subject. (I caught the middle of his discussion, so I don’t know where he got the information.) This is not the first time I have heard this.
A great misconception about business people is when you listen to the news, and hear stories such as Enron. But you never hear the good stories, only the bad. Also these stories are of these people getting in trouble, which should be further proof that it is harder to succeed if you have no integrity.
Also capitalism works best with intelligence. In other words if you do stupid shit, you will probably fail. Luck will only carry you so far.
As far as studies showing how people in other countries are all happy wonderful people, while Americans are loathsome angry bitter people, I call foul. It is very hard to gauge a subject like happiness. And when it comes to comparing people from one country to another, politics comes into play too easily.
An example are comparing American school intelligence to other countries. Our country takes the whole of the school population, while many other countries only take their brightest students. Many countries do not want negative information coming out about their people.
In these countries there can be people who think that their answers to a question will be taken to the government, and they don’t want that.
Then there is the problem of how people feel when they are being questioned. Say they were asked on last Friday. You know, April 15th? There were a lot of unhappy people then.
Now you might have noticed that I didn’t use the word communism. The actual truth is that there has never been a true communist state. Socialism was actually only supposed to be a way for the people to hold everything in place to turn into the magic utopia of communism. The government is actually supposed to magically dissolve into nothingness, while everything suddenly works perfectly.
I don’t know if I fully defined it properly, but seems like a weak fantasy.