do you thing capitalism the only way to be succesfull in buildiing GREAT NATION?

Question

compare it with the 3rd world country example venuzuela, brazil (south america), malaysia, myanmar (south east asia) with USA/ England and Gemany???

Answer 1

No I do not believe that Capitalism is the ONLY way. However, it currently it is the best way to facilitate Global Commerce, and a platform for common grounds in developing third world countries.

Answer 2

When Emmanuel Wallerstein was a professor at the London School of Economics, he developed "World Systems Theory." It's basic thesis is that capitalism is the only economic system. Countries that have mastered it are the core countries (U.S.A., Germany, U.K., Italy, etc.)

Some countries, which he calls "peripheral," will never suceed in the world system. They're simply too far behind. Virtually all of Sub-Saharan Africa, most of southern Asia, some countries in South America fit in this category.

The semi-periphery is made up of countries that may suceed along with the first-world. Maybe Argentina, in South America; South Korea, in Asia; and South Africa in Africa. But, most of these countries are in a constant state of flux, so trying to predict which way they'll go changes dramatically as their balance of trade, internal interest rates, and national debt fluctuate.

I believe that Wallerstein is now at Yale, where he is the director of research studies.

Answer 3

First you must identify your terms as should your answerers, Capitalism is a system wherein private hands own the means of production, and the government stays out of the economy. Socialism is a system where the means of production are under the operational control of private individuals but the state remains supreme over all, the government readily intervenes in the economy via: taxation, interest rates, quotas, duties, subsidies, anti-trust laws, patent expropriation etc.Communism is a system where the means of production are under state control, and private property is abolished. The US, Britain, and Germany are not capitalist systems, they are socialist systems as are the rest of the nations on earth. But to answer your question yes a capitalist system is the only way to create a great nation, for it is the only system where the sole purpose of government is to protect people from coercion, both socialism and communism are system in which the government itself is a prime utilizer of coercion. People ought to be free, which simply means the absence of coercion by other human beings. One of the most prolific ways that the ideology of socialism uses to attack its opponents is to redefine them out of existence. Claiming that they are the free system, or that they are capitalism. Read any work by Ayn Rand, to see what capitalism is and under what system the entire globe now lives.

Answer 4

Building a nation in true sense involves optimum usage of land, labor and capital. An effective mix of capitalism and socialism should work best theoretically. World is too young to jump up on any definite conclusion as to which ism is the best.

Answer 5

LOL. The poorest nations are in Africa, and almost all capitalistic. The wealthiest nations per capita are the socialist democracies of Northern Europe. Universal health care, high longevity, high literacy rates. Low infant mortality, and low crime rates. Good pensions for the elderly. Not warlike. Only 5% of the population goes to church. Guaranteed college educations. Much personal freedom.

Answer 6

capitalism/socialism/communism are a complete red herring here

what counts is the degree of justice, of equality, of equal pay for equal work

of preventing the ways that money automatically moves from underpaid to overpaid

'the state built on injustice cannot stand' is the iron law

money is the greatest good, because it is a joker good, good for millions of things, incuding all necessities

therefore the biggest issue facing a state that desires to be good and great is preventing wealth concentrating, ie, theft, injustice, which causes unhappiness because it causes resentment and endless violence endlessly escalating

this the founding fathers of america knew, and they took steps to prevent injustice in money, but americans soon forgot it

money is power, power to rake more money, and so it goes on

and power is corruption, or the corrupt are most attracted to power, which is a moneygrabber

theft in money is escalative - it goes on growing, accelerating - more money is more power, is more money and so on

and the range of pays per unit of work is a measure of theft and violence, chaos and disorder and danger and unsafety [ungreatness] in the nation

we have fortnightly pay from $1 to $1 billion

we have 1% getting 90% of world income - US$70 trillion a year - US$70,000 per family

if you limit fortunes to justice [US$2 million], and spread overfortunes among everyone in the world, you will immediately have justice, peace, and happiness

but something stops people seeing this, so they dont

justice=happiness

we have super extreme injustice, SO WE CAN BE SUPER EXTREMELY HAPPIER

but no one is able to become aware of this - some limitation or flaw of the human intelligence makes it impossible to see this

and yet everyone can easily see that if a govt took 90% of income off 90% of people and gave it to 1% that would cause giant unhappiness and violence - cut happiness 99% or more

and that is only 91000% injustice

we have 100,000,000,000% [hundred billion per cent] injustice

but nonetheless, no one can see it, or become excited by it, and its potential for happiness

even though every working person in the world including homemakers and students would be on US$15 an hour, the family working average hard, on US$75,000 a year

they still cant see it or get even slightly interested in it

even though the violence is escalating to extinction soon [we cant go on increasing injustice/violence without arriving at ww3 and atomic extinction]

even though, as soon as that law was passed, every family in the world would get another US$70,000 a year income

even though it would kill overpower, ie, tyranny, fascism, undemocracy, unfreedom

obviously, when there is plenty for everyone, the only way to have misery is to have super inequality, super pay theft

there is plenty for everyone, and we have screwed it up with maximal inequality

funny

even if you took all the money and fortunes and spread them around equally, it would immediately kill violence and tyranny and war and most crime and misery and poverty and the constant super danger to the super overpaid of having super overpay in a world with superunderpay - there would be instant harmony friendliness liberty equality and survival [avoidance of ww3 and atomic extinction]

it would not be perfectly just, but it would be perfectly happy

and it would be infinitely more just than what we have - since practically everyone works

and 99% would be better off financially

even facing extinction, humans will not consider this

the injustice we have is invisible to them - injustice as the cause of violence is completely invisible to them

very peculiar

something in them seems to tell them not to see it - and they obey

it's like they are under a spell - or hypnotised not to see something right in front of them

very odd

you may observe it in yourself - you will very likely start to forget this as soon as it is read - and you will never think about it again - and you wont really have taken it in very well in the first place - it will just have no impact - it will make no impression -

it will not occur to you that it has enormous significance, importance

very very unexplained phenomenon

Answer 7

The issue of capitalism, socialism etc, yet to out standing for the great development of nation the only implementation key to energize what these policies saying is the kind of constitutions and Government policies of that nation in transformation of good economy momentum and development of its mental and physical resources.

Answer 8

It is based on a number of variables. One important one is the cultural setting. Hierachical Societies where respect and honor are valued perfrom best in socialist/mixed economy settings. Individualistic countries like the U.S perform best in capitalist systems. In Africa, people are more communal and any capitalist tendencies have brought down the least in these economies.

Answer 9

No. Capitalism is the only way of building a wealhty nation. Greatness is in fact a detriment to wealth.

Answer 10

No! Do you guys in America get a full wage for 6 months if you fall ill or need an operation and get the medical care for free?