When Barack Obama told students in Argentina "Capitalism and Socialism are about the same" -- the part that is true is:<p>- in Socialism, there is an Elite group who get special rewards and at the very top, the money from the country's resources (Kim in N. Korea; Chavez; and Maduro, who recently sent hundreds of millions of gold out of the country to 'pay the country's debts')<p>- in Capitalism, there is an elite at the top who get special rewards<p>There are 3 kinds of people who want Socialism:<p>1) those in the citizenry who want the elite to share the money more, and manage the country so that it produces benefits more equally;<p>2) those in the elite who want the perks that come at the top of society and want to force the wealthy to spend their wealth on helping everyone<p>3) those in the elite who <i>know</i> Socialism fails but there's plenty of time to loot the country before that happens<p>In capitalism, the elite don't lie to you and say "we're doing this all for you." It's understood that if you add value (like Facebook, Tesla, Google) you get handsomely rich.<p>In socialism, at least part of the elite know damn well that the removal of incentives in Socialism (redistribution of wealth) will eventually cause an economic crash, and they lie to the population "this will all work!" to get the votes to redistribute wealth.<p>Meanwhile, they have time to ship gold out of the country.<p>The crux is there will ALWAYS be a jealousy-inspiring Elite. This is true in Communism, Socialism, and Capitalism.<p>When Barack Obama said ‘There’s Little Difference Between Communism and Capitalism. Just choose from what works' to an audience of Argentinian youth a few weeks ago, he may have been referring to this issue.<p>No system will result in equally shared wealth. Those at the top will do anything to retain their perks.<p>In Communism, the leadership kills those who threaten the leadership.<p>In Socialism, the leadership jails those posing serious threats to leadership.<p>In Capitalist democracies, we have mind-bending, emotionally-charged elections, and peaceful transfer of power.