Socialism = Hitler, Stalin, you name it and it is Socialism.  It aint working and it will never work.  You can dream the dream with your delusions. 

A really totally free marketplace is the way to go but hark that will never happen because we have a disease and it is called "Human." 

Why don't we just have the Mafia run things, nevermind they are already doing it now.  LOL  America had a chance and they blew it, Ron Paul and like minded people could have given America a chance nad now it is gone.  Buy a lotto ticket for you 401, LOL.

Socialism see's the people as being equal. Of course there are fat cats, but the people lacking incentive and having no good reason to work harder or better indulge in a race to the bottom. Penalties are applied by demoting workers to a job with less pay and privileges. China on the other hand has developed it's nation and raised living standards. Now China is moving towards capitalism. Capitalism provides incentives, it has levels of fairness which vary between countries. The biggest problem is that money equals power so that we end up were we are now. The whole system's need to be rebooted and a new operating system installed. As politicians would need to enact new principles and laws the chances are about zero.

Socialism is the future. Capitalism is theft. Get rid of those fat ugly capitalist parasites, the sooner the better. Workers democratic control over means of production and production for the sake of human needs, not for profit and rate of profit. There is enough in this world for everyone's need but not enough for greed. The on going crisis of capitalism is the crisis of over production and over productive capacity. This is system doesn't work anymore. Only a World wide Socialist order can take humanity forward. A planned economy can create abundance within a few five years plans making crisis, poverty and scarcity, currency and state, something belonging to museum.

Socialism is theft! Stealing from the hard working and giving to the parasites. As Thatcher said: the problem with socialism is that one day you run out of other people's money!

the State is the root of all evil, the root of all wars, why would you want to give it more power a state doesnt care about its people it uses them to gain wealth for its politicians and uses the people to supress each other it gets people in power that didnt do anything to get into their position. A free world market without boarders that is the solution let people sort things out between each other. politicians are just bloodsucking parasites no matter if they are from left or right

Ya and you guys are confusing the US version of capitalism with a free market 

Its so so sad that the education is so bad that most people dont know what capitalism is and attack a straw man version of it. Everything thats wrong with the system today capitalists argue with.

However people wrongly use the word capitalist instead of entrepreneur(who could be anything including a socialist, just look at Alan Sugar), and instead of a mercantilist/corpora tist(manipulating the system to gain a profit, limit competition etc etc). If theyd ever read a book on capitalism theyd understand that. Theyd also understand that these guys get all their power through government and regulations. And the more regulations government implements its the more to their benefit. These guys want hugh governments and high taxes so that no other companies can exist apart from their own!!

Also need to know why communist countries failed and why China, Singapore et al have turned things around. Hint hint Ludwig von Mises's Economic Calculation in a Socialist Commonwealth

It can be accurate to suspect that since before 2008 the American Banksters manupliated United States Govt and US laws and created the massive Mortage bubble. Clinton was the man at the helm who removed the banks lending ratio and this move allowed the Banks on behalf of the US govt to set the trap. When the bubble began to swell, the US Banks began to market derivitives over seas in Europe. The British, Northern Rock, Spain, Greece, Italy, Ireland, Germany, Portugual among so many other Bank buy into the American TRAP. When the bubble burst and the penny dropped, America rip off the whole dam world Banking system. How inaccurate this analysis is?  Why no good economist has yet been able to rationalized this process?

You guys are confusing corporatism with capitalism.

Such a great article!  Putting the ppl in power would leave much less room for corruption in, say, the banking industry; which, in and of itself, is inherently corrupt.  But i think what "socialism is everything but the answer" posted has one small point.  Neither the US nor Europe has experienced a "free market."  Our markets are manipulated constantly by the elite.  So who knows if a let-alone, capitalist economy would work????  The world has never seen one on a large scale.  The problem is that, that system leaves too much room for bankers and industrialists to exploit.  Where socialism 2.0 (in theory) does not. 

Socialism is indeed the future, but getting there, if it is possible, will not be easy.  
 Capitalism has pretty much reached its maximum growth limit. It is now devouring itself and systematically trying to escape reality through the endless financieriz ation of the economy, which results in bubble after bubble and, thus, crisis after crisis (capitalism has been stuck in this situation since the early 20th century, it were only the two world wars that kept it afloat).
But the criminal ruling classes will never give up their power peacefully. Their contingency plan (now probably plan A), is always the same one- if they can't save Capitalism from itself and the workers are rising up, they use FASCISM to fossilize capitalism alive and crush the lower classes, no matter how many millions they have to kill to do so.  


They are doing it again right now. There will be no peaceful, reformist or electoral transition to socialism. The capitalists always� �make sure that such a thing is impossible.

This change anticipated will not come about easily as the capitalists are in control of various Govts and their military. There is a great amount of Capital FUND waiting for accomodating environment to exploit. Hence, we have the so called Arab Spring led by the US and NATO which in fact is a reassertion of  Capitalist power in various countries from the Tunisian President, Italian, Algeria, Egypt all are Goldman Sach and company appointments. Various South American countries such as Honduras, Paragua most recently, Bolivia, Venezuela and principally Cuba is under intense Capitalist pressure to change their experiments with Socialism. A contemplated war in Latin America is not too far to anticipate. If capitalism cannot reassert itself there is nothing stopping the Economic and financial collapse of Europe or a reorganization thereof. The US govt has now been transformed into a Facist State and it is completely corrupted with the pending collapse its dollar and the Euro. We are entering a war senerio if nothing stops the process.

Nonsense, Europe hasn't even experienced real laissez-faire capitalism yet.
All the governments have done is meddle in with the economy and still dare to call it a 'free market', although it's a mixed economy.

Even Bush has said "I've abandoned free market principles to save the free market system". And let us not forget that the US government caused the Mortgage Crisis, not greed. And I haven't even started yet about all the damage your Federal Reserve has done.

Politic ians should at least dare to blame the mixed economies, and their interventions in the economy, instead of capitalism.

Since the GFC startet in the US it was more than clear to me that this was the endgame of capitalsm as we know it . It is for many people difficult to accept but no other solution than socialism is available,sorry to have no better answer.

  I have predicted this will happen since the crises were finally announced publicly. The westerners are finally waking up and face the reality. Socialism is the future! Socialism strengthens the state, while capitalism small elite group. And those small elite groups are behind the wars and destruction's – there is NO limit to the GREED but this planet is with limited resources. If they don´t reform into Socialism then the natural course of events to follow will be an extreme impoverishing of their own people, which we see now in Greece, Spain, Portugal, Hungary, Ireland, etc., more or less all over the capitalist world.