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#11 |
Engineer
![]() Join Date: Jan 2002
Posts: 215
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>Neither does capitalism IMHO, although its had a good run so far<
Sorry, but capitalism is in full swing in nearly every 'western' country on the planet, and it is a complete success. The mark of modernization and success of all developing countries is to adopt a western system of capitalization. It's not a 'political ideology' like communism is. Capitalism is simply free trade that is not interfered with, it was a naturally occuring thing. Each country has their own take on how the government interacts with the economy but in the end the economy controls the country, and the people control the economy. Capitalism is a complete success, has been instated fully in most parts of the modern world and is basically the only proven workable way to sustain a modern nation. Those who don't accept that get left in the dust. Most countries with capitalism are also democracies but there are exceptions like China. There are no shortcomings produced by capitalism, only by the people who control the economy. The people are not forced to any ideology, capitalism means free economy. There is nothing stopping people from inventing new ideas or new ways of reducing environmental impact or whatever. If they DID something like that, they could capitalise on it and expand the economy even further. You don't get something like that with communism. Capitalism + true democracy is basically the only realistic way to go in the modern world. Anything else is bound to suffer major setbacks. Watch China when the privately owned corporations become too powerful for the government. |
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