Business: Communism and United States Essay

Julie Marshalls first cousin, Jean-Paul, lives and works in Belgium. They have had long discussions via email about the benefits and drawbacks of living in the US, a capitalist system, versus living in Belgium, a collectivized economic system. Jean-Paul defended Belgiums system. What do you think Julie would say about the benefits of living in the US and the drawbacks of living in Belgium, and how would Jean-Paul respond?Explain Julies position and Jean-Pauls response in an essay format that is at least 250 words in length. I would say that the U.S. benefits would be better because its more opportunity and you progress more into your career versus getting benefits outside the U.S. I mean Arnold Swarzenegger utter it better on 106 and Park. He said thats how his career had started and had taken off ever since he was 21 when he had won Mr. Universe. With the capitalist system in the U.S. you have the right to own private property, the right to own a business and keep all that busine sss profits, the right to independence of completion, and the right to salvagedom of choice. Under capitalism most factors of production and distri exactlyion are owned by individuals. The capitalist system is the foundation of the United States.With the socialist economic system the system should be owned by the government and is based on premise and other businesses. The major benefit for a socialist economic system is social equality because the government takes income no matter if you are rich or poor. Also education can be free through college, free health care, and free child care. If you are in a socialist country you get longer vacations, less hours, and more employee benefits, but capitalism prevails. A Marxist society would have no private property rights and solids produced in it. It would be distributed among the citizens. The U.S. is taking baby steps on dogmatic socialism. Socialism creates more equality than capitalism and it tends to result in fewer inventions. I would think Julie would like the benefits better in the United States and he would of responded with good intentions on the United States Benefits.