Comment Re:Tendency toward monopoly (Score 1) 371
I've always thought that the trouble with both systems is that they rely on altruistic people being in charge, but provide pathways for sociopaths to take the reigns and steer the ship into an iceburg. This is why Plato's Republic calls for Philosopher King's instead of natural born royalty or corruptible elected officials. Only when the leaders can prevent individuals from gaining too much power will either system work fine.
Trouble is with Capitalism, though, that taking as much power as possible is the goal of the economy. The *hope* here is that power balances over time and today's top dogs will be tomorrow's chumps. This works to some degree.
However, with Communism there's the *hope* that the leaders can treat themselves on par with the proles and put in comparable work-weeks and provide themselves with comparable vacation accommodations and personal resources.
Neither of these "hopes" pan out in reality, though.