Thorsson Questra

There is a society with no lower class. A society where everyone has

healthcare, homes, food, water, and education. Everyone has a job, and
makes money based on how much and how well they work. The environment
gives every person opportunities for innovation. This is a capitalist/socialist
hybrid society. American capitalism system has been exploited by greedy
corporate tyrants. The richest 5% of the nation makes as much as the
bottom 40%. Jennifer Liberto, a writer for CNN wrote an article about the
employee and CEO wage gap. In 1980, CEOs at the largest companies
received 42 times the pay of the average worker, according to the union. In
2000 the gap hit a high, with CEOs making 525 times the average worker. In
2010, the gap narrowed, with CEOs making 343 times the average worker.
CEOs are not working 343 times harder than their average employee. It is
doubtful that they are even able to work 42 times harder than their average
employee.
Using statistics from the US census bureau, and examining the good and bad
aspects of socialist and capitalist countries, I will propose an economic
system which can stand against greedy exploitation, and still provide
incentives to work hard and fuel creativity. I will also be using the works of
philosophers and sociologists who debate the good and bad ideas of
capitalism and socialism. I will do extensive research for all sides of the
arguments, and will be providing the support with text citations and logical
relations in arguments.

It is the purpose of this paper to, first, define the parameters of inequality,
and portray how this is applied in Americas capitalist system. Second, to
promote the idea of market socialism and why it is a better alternative to
capitalism. Lastly to assess the facts of both systems and logically weigh the
arguments of each.