Modern-day societies are largely shaped around the economic model or infrastructure that has been implemented into the lives of citizens. These different “economic models” alter the ways of national culture and therefore deserve much more attention and examination. Capitalism and socialism are the two dominant ideologies that seem to invoke opposite ends of the spectrum in terms of social effect. Far-right capitalist, evoking a connotation of free business and anti-regulatory economic growth, encompassed much of the Western world and provided a high-risk-reward system that created large numbers of wealthy and even more classy elites blue low office workers. Conventional wisdom obviously leads one to find the opposite mentality to socialism and its many degrees. Left socialist was characterized by a controlled economy and a rigid government market. This system was heralded as a system with no losers and social equality; therefore, a gap-free population with a high standard of living. The course of this work will provide and explain the differences between capitalism and socialism; therefore, in conclusion, the two social roles will be defined. This will lead to a much more conclusive conclusion when examining, promoting or denying either system. Capitalism, a French word, capitalisme, meaning “the conditions of the rich,” is an economic system, a way of life, and an economic market structure. The meaning alone invokes a sense of worldly wealth and prosperity. Capitalism is more accurately labeled as an aggregate of private owners with the goal of making profits in a market economy; it is a citizen-driven society and a business world with the strongest, most populous, most resource-rich country and we… at the center of the paper… productive. Without a high volume of productivity, private consumption and saving are subsequently restricted by the government. No one is rich and everyone is relatively poor based on the push of the government, rather than the individual. As a result, socialism indirectly helps foster a sense of social lethargicism that destroys the personal drive to succeed. This leads individuals to not strive for maximum technological capital and knowledge because personal qualifications and merit cannot be traced back to success because they are equally spread across the population regardless of qualifications. Therefore, in the minds of most ordinary American citizens, socialism has carved into society the role of a lazy way out of life. Socialism – no drive for motivation with low levels of productivity and spending – is the exact opposite of idealized American life.