Instigator / Pro
0
1500
rating
4
debates
62.5%
won
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
Winner
0
0

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
Contender / Con
0
1500
rating
4
debates
62.5%
won
Description

Prove why capitalism is better and leads to a better governance.

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.

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@Intelligence_06

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?"