2006-07-26 05:55:10 · 4 answers · asked by sobrangtangatangako 2 in Politics & Government ➔ Government
save pilippines!!!
2006-07-26 07:25:33 · update #1
*philippines
2006-07-26 07:25:53 · update #2
A market economy in which companies are run democratically by their employees. That should help make sure the rewards given to a company are shared properly among those who produced the products.
2006-07-29 09:58:47 · answer #1 · answered by cyu 5 · 0⤊ 0⤋
Socialism/Communism means State control of everything. There is only one property owner: the State.
Therefore, under Socialism/Communism, there is no private property and no marketplace. It is right here that Socialism/Communism's weakness has been exposed.
You see, we live in a world with scarce resources. Wood is scarce. Steel is scarce. Coal, water, and even human labor are scarce.
The main economic question, in a world with scarce resources is "Where should these scarce resources be applied?"
Only the Capitalist marketplace can provide this answer, and it does so with two powerful indicators: Profit & Loss.
Profits are an indicator. The indicator says, "Apply your scarce resources here! This is where the demand is!"
Losses are also an indicator. This indicator says, "Remove your resources from this area. Apply them where the demand is higher."
It is because of the Profit & Loss indicators that resources are able to shift from one area of the economy to another. Without them, there is no rational way of knowing where the scarce resources should be applied.
Socialism/Communism have failed miserably because they lack these valuable indicators.
Here's why:
In order to have Profit & Losses, you must have "Prices."
In order to have Prices, you must have "Exchange" (i.e. a marketplace.
In order to have Exchange, you must have at least two property owners. In other words, you must have "Private Property."
Since, there is only one property owner under Socialism/Communism, you can't have exchange. After all, one property owner can not trade with itself.
Since there are no markets under Socialism/Communism, there are no prices. Since there are no prices, there are no profits and losses.
Hence, you had (and have) massive poverty under Socialism/Communism. There is no rational way to know where the scarce resources should be applied.
It's all done by political whim.
2006-07-27 02:24:47 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Capitalism, there is less chance for corruption in the government, which the Philippines has too much of already.
If you want to save the Philippines, attack any government official that is corrupt.
2006-07-26 08:07:31 · answer #3 · answered by Kubrick 2 · 0⤊ 0⤋
Capitalism. Socialism and communism haven't worked anywhere.
2006-07-26 05:59:19 · answer #4 · answered by irishharpist 4 · 0⤊ 0⤋