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does economics talk about capitalism or socialism?

  1. profile image46
    Sayed Ratebposted 7 years ago

    does economics talk about capitalism or socialism?

  2. A la carte profile image57
    A la carteposted 7 years ago

    Socialism is political..capitalism is financial...and to be honest whether you are socialist or Conservative..does not matter...they are just two sides or capitalism

  3. brnielsen44 profile image57
    brnielsen44posted 7 years ago

    Economics talks about both because it is simply the study of the economy in different societies--socialist or capitalist. However, the majority of it is indeed capitalism for obvious reasons if you are study in the states.

  4. Coolbreezing profile image55
    Coolbreezingposted 7 years ago

    In most part of the country, economics talk about capitalism. There are only a few enfaces on socialism. We can say that it’s pretty much depends on the region where the discussion takes place.

    But at the same time there is an interest attach to capitalism. And for that reason you are always going to have professors more willing to promote capitalism and almost never socialism. Eventhough by knowing it would have help the students understand capitalism better.

    The above statement is back by this logic - you do not know your strength until you know your enemy's weaknesses. 

    If I live in France I must learn French to communicate. Likewise, if you live in a country that practice mostly capitalism you will be force to learn about capitalism. If you were to lean about socialism your study may not have serve you a great deal in the work place. whatever economic technic you learn from your socialism studies would have been against the economic policies of the corporation you work for.