Socialism vs. Capitalism (user search)
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  Socialism vs. Capitalism (search mode)
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Poll
Question: The Better System?
#1
Deregulated Capitalist Economy
 
#2
Regulated Capitalist Economy
 
#3
Mixed Economy
 
#4
Socialist Economy
 
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Partisan results

Total Voters: 59

Author Topic: Socialism vs. Capitalism  (Read 19586 times)
Frodo
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« on: March 14, 2009, 04:53:44 PM »

What is the difference between a 'regulated capitalist economy' and a 'mixed economy'?  Aren't the two roughly the same?
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Frodo
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Posts: 24,566
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« Reply #1 on: March 14, 2009, 05:04:34 PM »

What is the difference between a 'regulated capitalist economy' and a 'mixed economy'?  Aren't the two roughly the same?

I guess the only distinction one could make between the two is that in the former, there are simply basic regulations and supervision over private businesses and little to no public/nationalized institutions, and in the latter there are large public/national institutions that operate simply for the public good (like the Post Office, Fire Department, things like the Tennessee Valley Authority, etc) and regulation goes simply beyond "basic."

Thanks!

Well, given the definitions, I'd pick option 2.  The only time I would favor any government takeovers of privately-owned businesses would be during an economic crisis (aka, the Great Depression or today's unusually severe global recession), and then only with the assumption that such takeovers would be temporary once the crisis had passed.  
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