Really, I'm astounded at how much hate there is for capitalism out there. All other economic systems have been largely discredited... and capitalism has been able to create the greatest amount of wealth for the greatest number of people the world has ever known... Capitalism has allowed the average person to live a decent life in places like the USA, UK, Australia, New Zeland, Hong Kong, Chile, Japan, Germany, and other capitalist nations... Socialism has made it so there is a small class of elites with great wealth, and the vast majority of the populas is destitute... look at North Korea, the Soviet Union, Zimbabwe, China, India (both are moving toward capitalism and thus improving, yet look at their history)... In nearly every case you'll find the more government intervention in economics there is, the less well off the average people are, yet everywhere I go people hate capitalism! Why is this?
2007-07-19
04:41:50
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16 answers
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asked by
Schaufel
3
in
Politics