Two schools of thought, ideologies etc…Socialism and Capitalism. This chart gives the differences in a very concise manner. http://keydifferences.com/difference-between-capitalism-and-socialism.html
There are key differences, important ones being responsibility, spirituality, risk, reward ration, full realization of self, the basis or even incentive for that. True capitalism, not crony, which is what we have had much of, but true capitalism and private community and faith based charity create an amazing society, world, but for that to happen some key elements have to be present at all levels of society. First thing is a natural love of law and order, personal development, and of development of one’s talents, gifts, discovering what they are, a supportive law abiding community, and natural order family unit of great integrity to also show you that path and help you discover that. A true capitalist society understands the value of individual, as well as collective contributions of gifts, talents whatever they are and even when life circumstances change, new or perhaps never before explored gifts are encouraged for continued self reliance etc… There is also in the USA, used to be a strong faith component that kicked you in the tukkus to strive for integrity etc…, not to say we are perfect and achieve it perfectly, but it was there, strongly, it mattered. The government in a capitalist society, the education system is not the parent, is not the primary educator and shaper of worldview, rather the family and local community is. When that is strong, solid with solid ethics, integrity, morals and thriving through true capitalism, when there is no crony capitalism, no corporate welfare, rather full range of risk and reward, everyone knowing there is no bailout, so make it work, do it right, no one is going to save your tukkus, stuff gets accomplished, innovation happens. When government takes on a role of parent, nanny everything under the sun, and has constant bailouts for everyone, no one learns any lessons, no one develops thick skin, no one seeks to innovate. Does that mean that government shouldn’t have some laws to keep law and order, all that jazz? No, of course it should, but not to point of suffocating, stifling innovation. A big part of life is this equation, not a comfortable one, but a necessary one, “risk and suck up risk if you want reward, potential reward, realize “buyer beware, if anything seems to awesome to be true, triple check it, likely is” Life is about discovering what you and your gifts are made of, which means risk, reward, and potentially disappointment and heartache here and there. That is what builds character. It also forces you to learn to make decisions, to think through things critically not with emotions, or seeing boogeymen everywhere, but it teaches you to figure out how to discern things in life. When government says “we will take care of everything, decide everything for you, guide every aspect of your life”, you are in serious trouble, for many generations to come.
For there to be true freedom, you can’t have snowflakes in a society, a society full of them, the government micromanaging lives or society. Human beings can not, must not be micromanaged. Nations must as true to capitalism as possible, full risk and reward, yet community, locally and individually we should be able to constructively help those in need and those who did risk and lost in that process to rebuild. That is true capitalism and a strong society, nation.