Societies in modern times are largely shaped around the economic model or infrastructure that has been implemented into the lives of citizens. These different “economic models” modify national modes of cultivation and therefore deserve much more in-depth attention and examination. Capitalism and socialism are the two dominant ideologies that seem to invoke opposite ends of the spectrum when it comes to societal effect. The far-right capitalist, evoking connotations of free enterprise and anti-regulatory economic growth, represented much of the Western world and proposed a high risk-reward system that created large numbers of wealthy elites and even more lower classes. collar workers. Conventional wisdom obviously leads to finding the opposite mentality with socialism and its many degrees. The left socialist was characterized by a controlled economy and a strict government market. This system was presented as a system without losers and with social equality; thus, a population without gap with a high standard of living. The course of this work will provide and explain the differences between capitalism and socialism; this is why, in conclusion, the two societal roles will be defined. This will lead to a much more conclusive conclusion when examining, promoting or denying either system. Capitalism, a French word, capitalism, meaning "the conditions of the rich", is an economic system, a way of life, and an economic market structure. The meaning alone evokes a feeling of wealth and material prosperity. Capitalism is more accurately characterized as aggregates of private owners with the objective of making profits in a market economy; it is a people-oriented society and business world with the strongest, most populous and most resource-rich country, and we...... middle of paper ...... country productive. Without a high volume of productivity, private consumption and savings are then capped by the government. No one is rich and everyone is relatively poor due to the will of the government rather than the individual. As a result, socialism indirectly helps promote a sense of social lethargy that destroys the personal drive to succeed. This leads individuals not to strive for maximum capital and technological knowledge, because personal qualifications and merit cannot be attributed to success because they are equally distributed in the population, regardless of qualifications. Therefore, in the minds of most ordinary American citizens, socialism has carved out a place in society as a way to get out of life lazily. Socialism - no motivation for low levels of productivity and spending - is the complete opposite of idealized American life..