Capitalism vs. Socialism

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When I say "Capitalism," what do you think of?

Do you think of negative things? Do you think of greedy CEOs? Low-wage workers with no rights or benefits? Wal-Mart? Big Oil? Other?

Or do you think of positive things? Do you think of free markets, opportunity, the American Dream, the ability to move up the socio-economic ladder? Other?

What about when I say "Socialism?" What do you think of?

Do you think of negative things? Do you think of Communism, Hitler, Stalin, re-distribution of wealth, economic slow-downs? Other?

Or do you think of positive things? Do you think of caring for the little guy, fairness, equality? Other?

I'm wondering if a lot of our disagreements comes from a focus on the negative aspects of one and the positive aspects of another or vice-versa?

I'm one who tends to see the positive aspects of Capitalism, to see it's potential and one who tends to see the negative aspects of Socialism, to see other examples where it was really destructive.

I don't doubt that both Capitalism and Socialism are imperfect. They are both human institutions run by fallen human beings, so will by definition be imperfect. The question, then, is which one is better? I tend to think that Capitalism is 90% good while Socialism is 10% good (if that). To me, it's not even close.

Is there an objective way to measure these two systems on their rightness or goodness? How does one determine that?

If anyone has any information on that type of thing, I would love to see it!
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