No they are not!

In a capitalist system I make a product. I take the risk of putting my resources into the product. I make a good product and a perceived good price and I succeed.

In a socialist system the government makes all the products. The is no reward or incentive for me to improve or do a better job. Further if the product is shoddy or perceived of as too expensive (i.e. poor value) I have no choice. There is only one source!

Quote Originally Posted by denuseri View Post
They are both dependent upon the same type of exchange (this for that)...which when one gets down to it is no different than the barter system in reality.