Which of the these economic systems (Capitalism, Socialism, Communism) is the best for the most people and why

Answer 1

Socialism.

Its based on respect and equality.

Answer 2

Capitalism and free trade have done more to raise the standard of living world-wide than any other system. The largest problem with it is the wealth is spread very assymetrically.

Socialism only works in very small countries that can take advantage of exports to larger, capitalistic countries. Sweden is the world's best example, although they have been dismantling a lot of their socialist system as it has proved too expensive to be sustainable.

Communism has always been a failure. It lacks efficiency, price discovery, and resource allocation. It instead depends on bureaucratic and political favoritism.

The old adage goes "capitalism spreads the wealth unevenly. Communism spreads the misery equally."

Answer 3

Personally I don't think a pure form of any of these will work. a system need to be variable. Communism is a political component, so you would have to add Democracy to it. The common working fella represents most of the people on Earth. He needs Capitalism to provide a means of obtaining a job and getting money to survive. However, he needs control over the richer Capitalists in order to maintain safe working conditions and to keep them from making a slave out of him....

I think Communist Russia failed, not because of the Communist aspect, but because it also had complete socialism and gave no motivation for people to strive to become educated or work harder. People still need to be cared for when they are not productive, but there also needs to be fair constraints to prevent them from being a drag on the rest of society.

I don't know of a successful Communist/capitalist country, but the USA is very slowly becoming less Democratic because the citizens do not vote on laws directly...they elect others to make decisions for them..as this evolves, the separate parties will more closely resemble one another until the difference is moot.

Answer 4

In capitalism maximum folk economics decisitions are taken by potential of the markets, there is financial brokers which take its very own financial decisitions in function on its advantages. The interest of the State is constrained to a pair factors. occasion: US, uk, France, Germany, México, Argentina, Venezuela, Morroco, and so on; in the present day maximum folk of international locations interior the international are capitalist. In socialism the objetive is the society, each and all the economics events are in function of the society. right here the State has the administration of majority of economic events yet there is inner maximum financial events regulated by potential of the State. Many intellectuals do no longer see the socialism like an financial equipment else like a transition to comunism. in the present day there is no longer socialist economies and somebody confuses this technique with that capitalist economies with an better point of social protection, such distinctive says France is a socialism financial equipment, that may not actual. The golden age of socialism replaced into the 60' and 70' through fact in this years many damaging capitalist economics have been in transition to comunism: Hungary, Checoeslovaquia, Yugoeslavia. interior the comunism, the State administration each and all the events of the persons: financial, social, political, cultural, and so on. The persons decisitions are actually not valid and there is no longer sources. in the present day we see the comunism greater like and superb than a actuality through fact the human nature traits to take judgements, many historian point out that interior the U.S. the capitalist weren't anulated performed,there replaced into many "hiden markets" and distinctive cultural manifestion of independency and individualism; those data compelled to State to create the "iron curtain". occasion of comunism international locations: North Corea, Cuba

Answer 5

The evidence is clear, the average standard of living is much higher for regulated Capitalistic economies. Even China is heading that way as quickly as possible.

Communism and socialism looks great on paper, until you realize that it requires human behavior to be suppressed. In addition, there is no management system invented that can even keep GM organized, much less the economy of an entire country.

If you want further evidence, compare economies of free economies (USA, Canada, Britain, etc etc) with socialistic countries (France, Sweden, Norway, etc) with the remaining Communistic countries (North Korea, Cuba, Albania).

Answer 6

Theoretically, communism is the best. The government will basically control all facets of the economy, thereby ensuring equality for everyone in the society without having other people become richer than another. The only problem is that in reality, that is never the case. Almost always, that the people in power are coorupt and only looking to pursue their own personal interests, rather than the good of the people.

Answer 7

Capitalism. It's based upon freedom. This really should not have to be asked in the United States, but of course we have liberals who are Socialists/Communists and they think it's great. That's why we're in such danger.

Get off of this board, you liberal Communists! Look at them - openly confessing to their anti-Americanism!

Go and live someplace else if you don't like our system! Communism and Socialisn don't work. Never have, never will!

Answer 8

Have you ever visited a Socialist or Communist nation? .... And don't give me any crap about places like Sweden, I've been there, half the population is on the dole and the other half pays 80% of their income to the government in taxes.

Answer 9

communism is best but it never gets a chance because people alwyas cheat and ruin it, It requires altruism on the particiapnts and it is rare. but theroetically it is the very best imaginable.

Answer 10

all three are over rated ,too simple ,corrupt and not for the people