which is the best type of economy,capitalist,mixed,socialism or communism?

Answer 1

We have already seen that communism doesn't work.

Yet if we have rampant capitalism, it will crush itself under it's own weight. A complete economic depression does no one any good.

There has to be the right mix.

Answer 2

In general I would say capitalism... but there would have to be environmental factors to consider. Communism (in the true sense of the word) would benefit a collapsing industrial economy brought on by major natural disasters or major wars (where the nation has a weak military industrial economy). Communism could force a economy to right itself by assigning the needed labor and technology... it would more than likely though (because of eventual mismanagemnet or periodic mismanagement) not work in the long run.

Capitalism in the purest sense is not actually existent today... major industrial nations like the US (and European nations and most of the world) use a mixture of socialistic (welfare, medicare, labor unions, busting monopolies, etc) and free trade principles. I prefer this system. The workers and elderly (and yes, the poor) need protection and some ability to have medical attention and food. I prefer this system... its not perfect but then again nothing is.

Answer 3

A capitalist economy with a socialist government...

Answer 4

Capitalism, when actually tried. Although, not even the US economy is true capitalism. We have way too many government subsidies and regulations to be true capitalism.

Answer 5

Mixed.

Answer 6

Capitalism seems to be the most successful economic system.

Answer 7

Capitalism always prevails my friend.

Answer 8

capitalism that is why we are the richest country in the world