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Capitalism vs Communism | TJump vs Infrared | Debate Podcast

Modern-Day Debate

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The Proof Is in the Proverbial Pudding

communist socialism lacks the most important resource for any economy, confidence. Confidence is the ability to get the majority of the populace to trust in the system and play the economic games. Most political and economic policies are like smoke in mirrors - they encourage people to act in a way which is beneficial without being able to enforce it directly. For example, imagine a poker game where you leave the game with nearly as much money as you did when you entered. How many people are going to play this game? Nobody will do anything that won't work. The fundamental problem of communism is that it doesn't inspire confidence. That's why i believe my knowledge of economics gives me the ability to start a company

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