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What is the difference between American Capitalism and Socialism?

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What is the difference between American Capitalism and Socialism?

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American Capitalism protects the effort and genius of the individual, allowing them to succeed or fail as they will. The duty of the government is to protect the earned property and wealth of the individual from unlawful appropriation by others and the government. The founders sought to establish a government which recognizes that American Capitalism is its source of income and brings the nation prosperity that the government by itself can never create or mandate. Socialism takes away the agency/freedom of the individual to succeed or fail, offering security at some level of existence. All property is taken from those who are better at generating it and redistributed to others under the guise of ‘doing good’, escaping the evil clutches of the Corporations or making things equal for all. Soon it destroys all initiative and desire for freedom.

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