is socialism better than capitalism 
this question is a matter of debate and political ideology capitalism has seen the greatest rise in wealth and standards of living in human history accompanied by innovation and invention however capitalism driven by fierce competition for profits and market share has also been blamed for rising wealth disparities social inequalities alienation exploitation and the misery of the working class socialism on the other hand promises egalitarianism by returning the means of production to the laboring class in doing so wealth disparities are greatly minimized and society as a whole may flourish however collective ownership and less competition might put a damper on innovation and technological progress furthermore people are often wary of giving up personal freedom although it may benefit the greater good as governments direct production and consumption choices 