ZippyDSMlee said:
Socialism is where government helps take care of your basic needs(food,healthcare,insurance,education), capitalism is where you take care of all your needs by seeking as much profit as you can get.
If you're not personally responsible for your basic needs, then you're not responsible for whether you live or die, PERIOD. I'd rather not put my life in the hands of a government that has proven, over and over again, it has the reverse midas touch, turning everything it touches (Social Security, Public Schools, Medicaid, the list goes on...) into utter shit. But that's just me
ZippyDSMlee said:
Both become corrupt and stagnate if not done in moderation....as our public officials are not watched, regulated and protected from "profit" enough to do the public's bidding.
Yes, because WE have failed in our duty to keep an eye on them. No one can expect any government to regulate it own corruption if the PEOPLE aren't willing to stand up to them when/before it happens. That's like expecting a corrupt police station to truly police itself. Just try to get a police shooting conviction, the best result likely gotten is an "investigation" that will "go cold" before the week is out. Everyone keeps mentioning that "politicians are corrupt", but never ask themselves, "who voted Obama in?". Those same corrupt politicians! Corrupt people NEVER vote in someone who will give the less power, only more power. Anyone that takes a look at how much Obama is trying to increase governmental oversight in all aspects of life can see WHY those wholly corrupt politicians voted him in. He's even Pro-"Federal" Reserve, the group of banks that got is into this economic mess (Google 'obama federal reserve')! But there are politicians trying to undo the messes WE'VE allowed to go untended.
Proof in actions:
http://www.examiner.com/x-22208-Salt-Lake-City-Conservative-Examiner~y2009m9d1-Ron-Paul-takes-on-the-Federal-Reserve-with-HR-1207
History repeats itself (More Friedman, on the Fed and the 1930 Deppression):
http://www.youtube.com/watch?v=9V5OP-VmXgE
Like you mentioned, no matter WHAT system we use, corruption will exist. The rich will always influence and corrupt when it suits them, UNLESS we change the ways that they can influence politics. If the country changes its system to redistribute the riches wealth, the rich will simply move to a country that doesn't do that. And if you are super rich (multi-billionaire+), you don't have to live in a country to influence its political operation.