Disclaimer: This is an opinion. And its based on what I have read and
also experience in India, which coincidentally is being ruled by a
capitalist-communist coalition
Capitalists assume that Humans/Markets react "rationally" most/all the time.
Capitalists assume that anything "privatised" would Automatically
spread wealth & that an increasingly capitalist economy will spread
happiness & good health all around.
Socialists assume that Humans belong to classes, and the upper class
Always wants to whip the lower class. That "centralisation" or PSUs
are always the answer - if not collectivism. Socialists assume that
the market has to be Always controlled as its a beast, and will kill
the impoverished classes.
Socialists view anything close to "private" with "enemy" blinkers
on.(vice versa for Capitalists)
Both assume this - that whatever they are doing is Always for the consumer.
Well, the truth, as always is on neither extreme.
I have no idea of the Malthusian view, do enlighten me on that |
