Adams
I thought I posted the idealized view on both of them.
Quote:
Socialism judges the value of labor as being worth the amount of effort put into it, regardless of the usefulness of the product. Capitalism allows the market to set the value of labor, what the group is willing to work for determines the pay for the individual in that field of labor. While leaving the price of the item up to what the consumer is willing to pay.
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Since neither is capable of living up to there ideal what is your point?