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I believe that any pure "ism" is a bad thing. All of the various "ism"s I've learned about have both good and bad aspects to them.

The ideal system is a mongrel, mixing ideas from the various pure ideologies. In fact, this has largely been how the US has done things since the US started, and has been one of its greatest strengths. Looking at US history, there have been several times (including now) when the nation has veered towards an ideological purity of one sort or another. That has never gone well.

Agreed. Too much capitalism and workers suffer. Too much socialism and workers suffer. Both mostly because of greed. The ideal economic system system seems to be one based on capitalism but with socialist support to protect the citizens. Imo.

With it being voting time here in the US, I figured this topic was important for me to do more research into and that it might be helpful for others too :) Hopefully it's clear and helps!

That's too easy. History has shown us that both systems are disastrous, One is quite frankly beyond cataclysmic and the other is just as catastrophic but works well enough.

Capitalism and Socialism – Which System Gets Your Vote?