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Can Capitalism and Socialism Coexist?

Stephanie Tieu

on 2 April 2013

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Transcript of Ethics

Can Socialism and Capitalism
Coexist? Yes? No? Group 2
Professor Patricia Peel
BADM 2050
March 26th 2013 • Timothy Chang • Nicholas Nesci • Matthew Pukas •
• Moses Kishundoyal • Stephanie Tieu • Sunny Tran • The Issue Can Socialism and Capitalism Coexist? Socialism Capitalism Our Stance Positives of Coexisting Conclusion Questions
Concerns Where It Hasn't Worked BIBLIOGRAPHY Theories United States Of America
and Cuba Act Utilitarianism Justice Egoism At the extremes, it cannot coexist Canada for example, we have free trade as well as health care and free education Someone who believes in Socialism would most likely believe in Utilitarianism as well The rich get richer

while the poor continues to work

Much greed. Socialism Capitalism Socialism The implications of actions to yourself The fair treatment of people in a situation where everyone gets what they deserve. However, We can find a mixture of them both Capitalism "Economic system, dominant in the Western world in which most of the means of production are privately owned and production is guided and income distributed largely through the operation of markets"

Very prominent in countries such as:
United States
Japan Free trade will continue, and people in need of help will receive some form of support There has been bad blood for many years between these two nations When mixed with some form of sense between the two, we can have a productive system "Social and economic doctrine that calls for public rather than private ownership or control of property and natural resources"

Very prominent in countries such as:

China Which Countries Practice Socialism Today... 80% Of The World Practices Capitalism Our challenge is to prove that Socialism can meet in the middle with Capitalism Most people believe it CANNOT coexist A List of Capitalist Countries | Reference.com Answers. (n.d.). Reference.com - A Free Online Encyclopedia & Information Reference. Retrieved March 26, 2013, from http://www.reference.com/motif/business/a-list-of-capitalist-countries

Capitalism -- Britannica Online Encyclopedia. (n.d.). Britannica Online Encyclopedia. Retrieved March 26, 2013, from http://www.britannica.com/EBchecked/topic/93927/capitalism

Socialism -- Britannica Online Encyclopedia. (n.d.). Britannica Online Encyclopedia. Retrieved March 26, 2013, from http://www.britannica.com/EBchecked/topi

The Five Most Capitalist Countries in the World - Who Are They?. (n.d.). - Peer to Peer Lending | A smart way to borrow money | Peerform Blog. Retrieved March 26, 2013, from http://blog.peerform.com/the-five-most-capitalistic-countries-in-the-world/

Top 10 Most Socialist Countries in the World - Peerform Blog. (n.d.). - Peer to Peer Lending | A smart way to borrow money | Peerform Blog. Retrieved March 26, 2013, from http://blog.peerform.com/top-ten-most-socialist-countries-in-the-world/ Sweden New Zealand The consequences to
everyone affected Greatest good for the greatest number of people Someone who believes in Capitalism would most likely be an Egoist as well. Got to do what's best for yourself Our world will become
one happy nation Capitalism Socialism Everyone remains equal no matter how hard they work Negative Of Coexisting Free trade is still in effect but is not as profitable as a full capitalist society The rich are taxed more to accommodate the socialist idea
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