Libertarianism - (longer as less people know about it)
Libertarians believe that each person owns his own life and property, and has the right to make his own choices as to how he lives his life – as long as he simply respects the same right of others to do the same.
Another way of saying this is that libertarians believe you should be free to do as you choose with your own life and property, as long as you don't harm the person and property of others.
Libertarianism is thus the combination of liberty (the freedom to live your life in any peaceful way you choose), responsibility (the prohibition against the use of force against others, except in defense), and tolerance (honoring and respecting the peaceful choices of others).
Socialism - ( I'm sure most know what it is about, so its shorter)
A political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole
My questions to you socliasts and libertarians are the following;
1)Which is the better system and why?
(This includes the following, economic, social and environmental factors)
2)Why do you support this system?
3)And why is the other wrong/ worse than yours?
Edit, why have you negged me for starting a great and informative debate? I am not taking sides here, I am merely seeing which one is better. This is evident through all my posts.