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Is socialism ethical?

Socialism is the political belief the government should redistribute wealth to close the economic gap in society. Many argue that this is a far better way to live, as all citizens can life with the secure knowledge that they will be protected by the state. But is it ethical for this to happen because the state took money away from another citizen?

Yes, socialism is ethical

Socialism is the only feasible way to make our society fair.

The goal of Socialism is to build a society based on equality

Socialism intends to build a society where everyone has the same opportunities and quality of life no matter where people are born or which family they come from.

No, socialism is not ethical

Socialism infringes on personal rights and gives the state too much power.

Socialism takes away personal property.

The government owns all property in a socialist society.

Asking if an economic system is ethical is highly reductive

To ask if socialism is unethical is problematic given the fact that socialism encompasses a large number of political ideologies

Economic systems are neither good nor bad but manipulated for personal gain

Economic systems define how an economy is managed. They're used to help understand and track how money flows through an economy. An understanding of these systems can allow people to manipulate the market and economy to their benefit.

Other economic systems can be just as bad if not worse than socialism

Economic systems are manipulated for people's benefit. This is widely seen with capitalism, however, other systems can also be taken advantage of for personal gain. One system is not better than any other; they all have their unique faults.

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This page was last edited on Monday, 30 Mar 2020 at 17:27 UTC