Um, what countries? Venezuela? USSR? If it helped China so much, why are they abandoning it for Capitalism?
I don't know anything about Venezuela, but the USSR's economy did very well, although their human rights record didn't do so well (this had more to do with Stalin's brutality than socialism). In fact, I've even heard that the USSR was doing great until Gorbachev's reforms destroyed the economy (not sure about that one). The reason it collapsed is because of it's foreign policy of expansionism and because of America (especially under Reagan) trying to anhilate everyone who they thought might make friends with the USSR. Socialism transformed Russia from a backwards, agricultural country to an industrial superpower in about five years under Stalin, although there was great loss of life in the process (think of it as having the century or so of capitalist oppression during the industrial age in the western world compacted into a small period of time).
As for China, I don't know anything about their plans to become capitalist, but that might have to do with American influence. After all, it was America that bankrupted itself so China could become a superpower.
Because, Bill Gates has already contributed vastly to charities, as do MOST billionairs... Do you require them to give most of their money to charity!? What percentage?
I have no idea what that question has to do with what I said. I said that they should be spending money ON THEIR COMPANIES, I said nothing about charity. I said that we shouldn't bail them out if they have the money to do it themselves but spend it on other things (be it charity or mansions). Or at least that's what I was trying to get at O_O.
When did those countries try socialism? Last time I checked they tried communism. Or is it that you don't realize there's a difference?
In case he doesn't know, I'll try to summarize them for him:
Communism - abolition of "private property" (note: what you make yourself you can keep, if I understood Marx correctly), government control of wealth distribution so that each person gets what he needs (theoretically), lack of a private sector.
Socialism - government provided healthcare, welfare, etc, and a heavily restricted private sector. Also, according to Marx, socialism is one of the steps to transition into communism (fuedalism -> capitalism -> socialism -> communism).
Socialism is our best option right now. Ideally, we want communism, but humanity has some evolving to do before it will work out on a large scale. It WILL happen, though.
So, why would Bush work against capitalists? I thought he was the good guy. I mean, he was the one under whom the unemployment rate got up to, like, 8.5%. So, Bush causes the unemployment rate to skyrocket, but he's still the good guy? Then, under Obama it climbs a bit higher, and he's the bad guy? Way to make sense there, Rick.
They're both the bad guys. Or at least, I sure hope so, because if Obama's NOT a bad guy, and he's actually trying to save the economy, then he's failing, and if he's failing, that means that America's downward spiral is beyond the control of the government, and our days are numbered.
What strawman are you talking about? He's taking what you said and arguing against it. You said that capitalists are the best employers, and then he stated that under Bush, who advocated complete deregulation of the economy, the unemployment rate rose to 8.5%.