Liberal Forum

There is always arguing going on between the two most common economic systems: Capitalism and Socialism. The right wing celebrate capitalism and the left wing celebrate socialism etc...The usual rhetoric on both sides. Nothing ever new comes out of the discussions. 

However, don't both sides practice exploitation equally/ They just do it in a different context. 

Capitalism cannot survive unless they exploit their workers. It is an inherent property. No employee will ever be paid what they are worth. That is impossible. Capitalism is driven for profit. If an employee is worth $20 an hour, then in order for a company to drive themselves to profit, they have to pay the worker less than $20.00. It's no different than trying to profit off of a product. If a product cost a company $20, then why would they sell it for $20?  They would need to sell it for more, then keep the difference as their profit. Employees are considered expenses, just like the product. In order to make money off them, they cannot pay an employee what they are worth. 

Socialism cannot survive unless personal incentives are stripped away. It promotes the needs of the whole. This suffocates personal motivation. Employees have no incentive to work harder since their basic needs are taken care of. It slows progress and innovation. The fruits of their labor are not being rewarded. An employee can be demanded to work and work and work, but they will never see their sweat being adequately compensated. 


So is there even such a thing as an economic system that doesn't depend on exploitation?