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Why Is capitalism better then Socialism?

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Why Is capitalism better then Socialism?

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I have said this before and i firmly believe capitalism is better. Capitalism creates the best economy and allows for little interference from the gov’t because it is practically self mending. One problem today is that people would rather collect from welfare rather than working hard for their money. I own a small lobstering business. I had one employee who worked extremely hard for 3 weeks. During the 4th week his family came over and asked why he was working so hard, and they were bragging (yes bragging) that they were doing nothing and still making money. They forced him to quit and receive money from the government. It is better to inspire people to work harder, rather than to have people rely on welfare. Basically here are my views on Capitalism and Socialism: Capitalism = People who work hard are rewarded. Opportunities for all, the sky is the limit. Probably the one modern economic system that is successful. It provides competition, which leads to bigger and better products and

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