1500
        
        
          rating
        
      
4
        
        
          debates
        
      
62.5%
        
        
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      Topic
    
      
#5013
      
  Socialism or Capitalist
      Status
    
  
Finished
    
    The debate is finished. The distribution of the voting points and the winner are presented below.
      Winner & statistics
    
  After not so many votes...
It's a tie!
      
    
      Parameters
    
  - Publication date
 - Last updated date
 - Type
 - Standard
 - Number of rounds
 - 5
 - Time for argument
 - One week
 - Max argument characters
 - 750
 - Voting period
 - Two weeks
 - Point system
 - Winner selection
 - Voting system
 - Open
 
1500
        
        
          rating
        
      
4
        
        
          debates
        
      
62.5%
        
        
          won
        
      
      Description
    
  Prove why capitalism is better and leads to a better governance.
      
Look at the heritage foundation of ranking countries based on economic freedom on the nordic countries are top 10
Capitalism is undoubtedly a country's way to pave for success. Let's take Ethiopia for example. It is one of the world's fastest growing economies. It is in the middle of transitioning to a market economy if not, free market economy by 2030. In a capitalist economy, it is easier and more friendly to set up a business. If someone wanted a business to lift himself out of poverty, it would be business friendly and easy in a market economy. As for the example with Ethiopia, the IMF is predicting within 5 years, the country's economy will double. Now, let's compare it to other Socialist countries such as it's neighbor, Eritrea. Eritrea as you know, gained independence in 1991 and is currently a Socialist state. Economic growth is weak, Poverty is very high and access to internet is low.
I belive the person who started the debate meant socialism or capitalism, it may be OP us not a native speaker or that autocorect was being stupid.
You are comparing an ideology to a group of people. That is like, "Which is better? Mitochondria or Chlorophyll?"