Capitalism and Socialism in perfect forms are both things that can 'work'.

the problem is that in any system with humans there is GREED, which leads to some people having the bulk of the wealth, regardless of the intentions.

There is nothing wrong when there is enough to go around, with ensuring at a humane level that everyone has the basics for survival, like shelter, food, water, et cetera.

The problem is that humans are left to decide how little is BASIC and who 'merits' more than BASIC and how much more they merit, so it falls short of being a truly equal society and the haves end up ensuring that they have enough extra and the BASIC folks so little, that there is going to be an entitlement of privilege and superiority that divides the two.

There is also nothing wrong when there is enough to go around, with an expectation that people work. The problem is, once again, where humans are concerned, the need for superiority creeps into what is seen as 'working' that merits survival and earnings, and who decides the financial value of that 'work'.


The human element in any system is what keeps it from running perfectly. But both socialism and capitalism are, in their ideal, potentially positive systems.

You didn't read that article very well, did you?

Socialism is what this Country is headed for, with all the opposition against our President .

An article with a lot of common sense in it!

https://www.barrons.com/articles/an-interview-with-home-depot-co-founder-ken-langone-51549026000

Our country makes progress in some areas and needs progress in others, just like it has since its founding.

Actually, it's a lot of drivel. Boiler plate rich-guy-who-loves-himself stuff.

He doesn't know what ACTUALLY happened anywhere else, he just repeats common anti-socialist propaganda.

Using Venezuela as a PRIMARY example of socialism in reality, is no more valid than using a horrifyingly corrupt capitalist country, as your [primary representation of what all capitalism is.

And notice that through all of his warm and loving words about seeing to the best interests of all people, he proposes absolutely NOTHING AT ALL be done to actually make that happen.

Sorry, it's a TERRIBLE article to use to promote capitalism.

Capitalism and Socialism in perfect forms are both things that can 'work'.

the problem is that in any system with humans there is GREED, which leads to some people having the bulk of the wealth, regardless of the intentions.

There is nothing wrong when there is enough to go around, with ensuring at a humane level that everyone has the basics for survival, like shelter, food, water, et cetera.

The problem is that humans are left to decide how little is BASIC and who 'merits' more than BASIC and how much more they merit, so it falls short of being a truly equal society and the haves end up ensuring that they have enough extra and the BASIC folks so little, that there is going to be an entitlement of privilege and superiority that divides the two.

There is also nothing wrong when there is enough to go around, with an expectation that people work. The problem is, once again, where humans are concerned, the need for superiority creeps into what is seen as 'working' that merits survival and earnings, and who decides the financial value of that 'work'.


The human element in any system is what keeps it from running perfectly. But both socialism and capitalism are, in their ideal, potentially positive systems.

MsH, great insight into the human condition and the reality of life!!

For those willing to participate and put out their effort, they need nothing to make their life great; for those unwilling, they need socialism and hope whoever is managing the socialism is willing to provide for all their needs.

As far a graduating from high school..it seems rather redundant to ask people to go through a common core curriculum which is designed to dumb you down and graduate..Now the UN is trying to take over education which appears to be nothing more than an attempt to brain wash our children to have a globalist attitude.. From our stand point we look at the basic views of the right v.left..but the one entity we fail to see as we disagree among ourselves is that we are too busy with each other when it's those who go unnoticed lurking in the shadows that we should be uniting against..This is the way "THEY" designed it..
It doesn't matter what we feel we may achieve among ourselves when it's those in the shadows who will override and rule against any accomplishments we are attempting to make.This is a 3 pronged situation that we need to be aware of We have a left leaning ideology with what appears to be a socialist agenda,we have the right leaning ideology who are trying to maintain a democracy ..and then we have the Deep State who is embedded in both parties who are trying to over rule both parties and incorporate their globalist ideology and rule over all .
.And unfortunately we will fight among ourselves while "THEY" are busy in the shadows hidden from our sight..so I don't see either party achieving anything until we get rid of the Deep State..because it's not going to matter what we do ..because neither side will win..The globalist will..because they will remain unnoticed and unimpeded to achieve their agenda..while we fight among ourselves

I read the article, and I have read all the comments here.

First, the article is basically an interview with an author who wrote a book. As I believe Igor stated, it is a puff piece with an old dude, and if the interviewer was really hard-hitting, she might have called Mr Langone out on a couple of his "mis-statements", the first one being when Langone said

"But look at what [Bill] Gates created; Jeff Bezos, the guy from Google, Home Depot, Walmart. Hey, we didn’t just get rich; we helped a lot of other people live better lives."

First, Jeff Bezos is is the major COMPETITOR to the folks at Google.

Second, Home Depot and especially Walmart have created the American sweat shop, where the employees are paid at the very bottom of the barrel. Anyone want to try to own a home, pay their utilities, try to raise a kid on a Walmart salary? 2o years ago I tried.

Home Depot at its inception doctored their books and counted empty boxes as inventory to make the books look good (anybody who worked at The Home Depot 29 years ago heard the stories in orientation of Bernie and Art... Funny how Ken says he was a founder, but we never had a mention of HIM) THD and Walmart used "inferior Chinese crap tools" and the like to undercut good American goods... I had loyal American workers who refused to use said Chinese crap, preferring to use American-made tools, like Stanley. (If I brought a tool to their job site with "China" stamped on it, they would not use it) Most "American" toolmakers since then have stopped manufacturing domestically; they could no longer keep up with the quality of their brands and match the price at THD. THD and Walmart led the way for good manufacturing jobs to go to China, and I don't think Stanley even has an American tool plant anymore. This proves MsHarmony's point that GREED is a killer of many things, capitalism included.

Lying about inventory on hand, filling the steel in the stores with empty boxes... hmmm, I am thinking that a lot of other American firms saw that "If it is good enough for THD, let's try it here" Bernie Ebbers of WorldCom (I used to call him "Uncle Bernie" in meetings) is still doing Federal time because of the shaky accounting practices the MCI folks convinced him "was the way everyone does it now". WorldCom was arguably the first of many firms whose failures, based on "Home Depot accounting" caused some serious crap in our economy. Oh, and watch the Enron documentaries to see how Enron's deception can be traced directly to the George W Bush White House.

So now greed is cool. It is OK to start things like airlines and universities, bankrupt them, screw the little folks (or as Ken Langone says " Like it or not, we’re not all created equal, OK?" That hit me as a little out of step with what our founding fathers believed when THEY set up this 243-year old capitalist experiment). I mean, casinos basically PRINT money, as a result of human greed; tell me how ONE man can BANKRUPT four casinos? Greed, deception, dishonesty... It is not the LEFT, Ms Toody, who has been slowly killing this country, it is the greed of members of the Right who has gotten us here, and the poster child for greed and dishonesty is at the helm.

I also question in the article how Mr Langone has such a bad taste about socialism, but knows so little about how it works. He can't name a place where it has not succeeded?

I think his book was misnamed, it should have been "I Love GREED and Screwin my Employees"