Capitalism vs. Socialism Song

Economics and Politics Songs

Capitalism
Relies on free market conditions
To create wealth and drive innovation
Individuals have control
Businesses, they own

Prices determined
By products, the supply and demand of them
Drives companies to make products as cheap as they can
Business owners they have control
Efficiency is the goal

In capitalism, individuals own property
Markets choose equality
Limited government, lower taxes
Inequality, economy advances
The market drives everything
Shaping the society
The state does not intervene
That market is free

Systems with different ideas, opposite of each other
Both argue they manage production and resources better
But most modern countries use both systems blended together
Mixed economies, mixed economies

In socialism
The state owns control of the production
An equitable redistribution
Of the wealth and resources
Equal fairness

An even outcome
The state controls the labor market
Most people employed by the government
The state plans out the economy
Social equality

Socialism is a political system
Government ownership of all business
Healthcare, food, anything that is produced
Redistribute, all the people commune
The state controls the prices
Ownership is collective
Creating no classes
On the state, people depend

Systems with different ideas, opposite of each other
Both argue they manage production and resources better
But most modern countries use both systems blended together
Mixed economies, mixed economies

Systems with different ideas, opposite of each other
Both argue they manage production and resources better
But most modern countries use both systems blended together
Mixed economies, mixed economies

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Coming Soon!