In what ways might capitalism be a better economic system than socialism?

Prompt: You have now learned a lot about the social institutions of labor, economy, education, and health care, and the social problems related to these institutions. Considering what you have learned, in what ways might capitalism be a better economic system than socialism? On the other hand, in what ways might socialism be a better economic system than capitalism?

Your answer must be written in the form of at least two (2) full paragraphs, and you must respond to the answers of at least two (2) of your classmates. You will be graded on how well you considered and answered the question with reference to what you have learned in the course so far. Your instructor will also consider whether your responses to other students were a substantial contribution to the discussion.

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