Compare: Capitalism vs. Socialism, Globalization vs. Isolationism

This is the perfect case to compare the differenc between an isolationist/socialist state and a free trading capitalist state. What more do you need to know? SOUTH KOREA GDP: purchasing power parity - $941.5 billion (2002 est.) GDP - real growth rate: 6.3% (2002 est.) GDP - per capita: purchasing power parity - $19,600 (2002 est.) NORTH KOREA GDP: purchasing power parity - $22.26 billion (2002 est.) GDP - real growth rate: 1% (2002 est.) GDP - per capita: purchasing power parity - $1,000 (2002 est.)

Re: Compare: Capitalism vs. Socialism, Globalization vs. Isolat

yeah, it would seem an obvious case but the figure of 6.3% growth in GDP is something to really worry about.

If that figure were to become applicable to all states, as seems to be your point, how can this be a positive situation, considering the amount of resources it would be gobbling up and turning into more trash.

Even a growth rate of 1% doesn't add up if you consider that at our present rate of consumption (and what else is driving/maintaining 'growth') we need a planet two and half times the size of the one we already inhabit. It appears to me that both modes, capitalism and socialism are redundant. And that to put one against the other is essentially a waste of time - we need something new and we need it now.

Re: Compare: Capitalism vs. Socialism, Globalization vs. Isolat

Slow or negative GDP growth leads to poverty. <>> Absolute BS. How do you explain that Japan has a GDP four times larger than Russia? GDP measures productive work. Capitalism is freedom, socialism is slavery. No man has a right to steal the product of another's work.

Re: Compare: Capitalism vs. Socialism, Globalization vs. Isolat

"GDP measures productive work" No it doesn't - it measures throughput in the economy. This includes things that could be regarded as both good and things that could be seen as bad. "Capitalism is freedom, socialism is slavery." Subjective opinion, but in the context of this: "No man has a right to steal the product of another's work." Really quite amusing. The hallmark of capitalism is that owners profit from the labour of others to create surplus value. That isn't marxism, that's basic economics. The theft of the surplus value created by labour IS capitalism. Now whether this is right or wrong or something else, is another question! Also: North Korea is hardly a representative socialist state - it is a quasi-confucian dictatorship; and equally South Korea is (or has been for most of its history) a corporatist state-capitalist society. Hardly a representative of what you would like to think is capitalism. Perhaps you would now like to compare the literacy rates and health of Cuba and another 'third worls' state that claims to be capitalist? Message was edited by: David Wood

Re: Compare: Capitalism vs. Socialism, Globalization vs. Isolat

<>> And the worker receives compensation for work performed. All participants in the process are volunteers, unlike socialism, where much of the product of a man's work is confiscated by the state by force. <<>>> When a person sells an item, or his labor, for an agreed upon sum, that is not theft. It's freedom. <>>> And how would YOU or anyone else know that true literacy rate in Cuba? They have no free press.

Re: Compare: Capitalism vs. Socialism, Globalization vs. Isolat

>>> And the worker receives compensation for work performed. All participants in the process are volunteers, unlike socialism, where much of the product of a man's work is confiscated by the state by force.<<< wage slavery more like, while the bossman laughs all the way to the bank with the profit STOLEN from the workers. Volunteer? unless you struggle to get back what was stolen by the bossman from you, the product of your labor, you got no choice but to hightail it to the wage slavery line. Like capitalism- where much of the product of the worker's work is stolen/confiscated/hoodwinked by the bossman by brainwash or by force. >>>When a person sells an item, or his labor, for an agreed upon sum, that is not theft. It's freedom.<<< for us wage slaves, mastah, it's- this is the pay, boyh or hit da road, i got plenty of yo' kind in the army of reserve labor to take yo place- in some non-union shop or some pro-kkkapitalist military dictatorship where they know their place. >>>And how would YOU or anyone else know that true literacy rate in Cuba? They have no free press.<<< free press? gotta love em FAUX NEWS and Corporate Cable Network (CNN-we bring da lies to you!!)

Re: Compare: Capitalism vs. Socialism, Globalization vs. Isolat

Please NOTE: There are NO MacDonald's, Wal-Marts, or Starbucks in North Korea. Lucky them.