What is the ideal economic system? Communism, socialism, capitalism, etc?
Conversely, have these systems been proven to be failures? Is there a better system?
China claims it is a socialism country, unfortunately there are still a lot of problems, such as inequality, poverty, lack of democratic rights, etc.
To some extent, the current financial crisis proves the capitalism is also not a good system.
Maybe communism is the ideal economic system. Currently, there is no communism country in this world from the point of my view.
Capitalism that is locally-regulated in a nation with a very weak national government is the best in my opinion--more like a capitalist confederacy.
Capitalism is the best economic system this is because in a true capitalistic state everyone has a daily vote on what is going to be around by using their money on things that they like.
This being said, the bad point to capitalism is that it can be polluted by huge corporations and monopolize the markets.
Communism and socialism are both nice systems but only work if the people choose to fund them, they work wonderfully if everybody gives it their all to try and make them work. The problem is the people who usually want these systems don't want to work to pay for the things they get. These people usually like the "free aspect" of things. Without saying though they only work until the rich choose not to pay.
Each one is Designed by Humans who have their micro approaches to handle the system, The result totaly failure after a decade.
Lets find somthing Desinged by the Master Creater.
How he likes to see the humanities. That is Equality.
All Humans are Equal and have Equal right to Live in the World.
by Grace Marguerite Williams 2 years ago
Which IS a better economic system: capitalism or socialism? Why? Why not?
by mrnasir 6 years ago
Choose a name,you think is a better system and tell at least one reason of choosing.
by Mahaveer Sanglikar 5 years ago
One of my friends on forums thinks that Capitalism is dying, almost dead. But what about Communism? Isn't Communism already dead?I would like to clear that I am neither a Capitalist, nor a Communist and even not a Socialist. I am posting this just to have discussions on this subject......
by Sophia Angelique 7 years ago
sm.Socialism are services provided by the state, e.g. medicare, social security, unemployment benefits, disability benefits, etc. Socialism can also include things like subsidized transport, subsidized electricity, etc.Socialism is part of democracy and Canada, the US, the UK, all countries in...
by Peeples 4 years ago
What is the big deal about socialism?Can someone explain to me why Americans (USA) typically say "socialist" in a negative way. I've been doing some research and many of these "socialist" societies are quite happy AND well provided for. So what is the big deal? Why are so many...
by Peter V 4 years ago
What do you think about Socialism? Good or Bad for America?I have my own opinion but what do you think of the current direction America is heading (towards socialism)? Do you think this is very bad and goes against what America was founded on or is this generally a good thing? Please support your...
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