Expropiation of land is not wealth creation

Socialism versus capitalism has been a hot topic since way back when and, I would say, both of them could work out assuming that mankind was inheritantly honest..which, as we know..we are not.

Having been born and growing up in South Africa during the apartheid days and then having lived in a, for the most part, socialistic country for the past 32 years and benefitting from the system until the dark side started to appear about 5 years ago, still doesn't convince me that one of the systems is all that much better than the other in the overall picture.
What I have deduced though is that capitalism is the more selfish approach which pushes a person to work harder in order to have the assets needed to have what we classify as an enjoyable life on earth whereas socialism, with its seeming capacity to improve life for all citizens, definitely tends to propogate corruption on a large scale!

The corruption and mismanagement of the state's wealth generated by taxation of its citizens are the holes in the bucket which drain away the assets that should be leading to a better life without the need to work and study harder which then, in turn, should lead to more time for a leisurely and carefree life. As the person in the video I am posting points out, these holes need to be plugged!

What South Africa needs to do is work out a balance between the two 'evils' in order to regain the wealth it did and still can have if the 'Rainbow Nation' puts aside all the old garbage of racial hatred and vengeance, made peace as I know many wish to do,  and worked together for a brighter future in a dark and violent world.

Video: Expropiation of land is not wealth creation