Capitalism is a very Flawed System but the others are so much worse

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39 comments Page 2 of 4.

Alex said:   1 decade ago
Any system is good, the problem of ego and individuality (power) makes them get corrupt.

Here in Mexico we don't see very good capitalism, lately: we have a war on drugs, we rank 1st in obesity, we rank the 10th more drug use in the world (meth!) our pool people is in worst conditions ever, education is lost, medicine is expensive etc etc etc.

Having USA as a neighbor had us realize: that that is not the capitalism we want.

Maybe we should live education and culture to socialistic ways of views, and let the capitalism do the transportation and regulation of goods since that is really all they care about.

Look at the emerging economies, they are coming with emerging drug and social problems: education starts at home but and school and also how the society watch this government interacts with them and other countries.

Biswajit said:   1 decade ago
From my point of view I also think that for the countries like INDIA capitalism is most important. Because it provides every single person to give their effort towards the betterment of the country. He can feel his importance&the role in his country. Developed countries adopt capitalism because it promote equality & bring transparency in their system.

Mukesh said:   1 decade ago
Hi friends I am agree with the words that every system has their pros & con but according to me for the welfare of society & welfare of individual the basic need is the thinking of the rulers. Rulers may be a government or an individual if they would think without selfishness for themselves then definitely the result will be superb but this is not possible so the possible option according to me is mixing of both the system capitalism & communism is necessary & for India first population control & quality of education must be improved otherwise all cure will be failed.

Thank you.

Biplob said:   1 decade ago
Capitalism is a flawed system can be accounted to the fact that, here it represents the interest of an individual, people think particularly for themselves as industries look into for their profit in any venture they indulge with a very little percent of them working for the benefit of the masses. Every system have their own pro's and con's in handling its issues, its all about how a country can manage its resources, its people and all that moves around it. Though socialism comes with a huge cost of freedom, but in a country like ours where everyday rupee is falling, poor getting even poorer, backward areas gets neglected in respect to the priorities of the other ares which resembles some stature higher than those. So in our country there should be some laws which should be made strict, like those relating to population like china. In the financial sector if it is communalised than there would be less corruption. The government would be the sole authority and the country may rise up.

But these are mere excuses which comes in way because we are also in that population and here we are discussing about it. As the largest democracy we can say that we enjoy freedom like no other citizen of any other country and our country is also rising by leaps and bounds. Thus Capitalism can be considered as a system with less flaws. Its just that we have to act in curbing the population and not just waiting for the government to pass laws. And the government on its path as to check the causes which muster this problem like the educating the literate, strong measures against money embezzler and so on.

Pavan said:   6 years ago
Capitalism is an inquitous economic system for our country and same applies to communism. In India corporates have peevish mentality and exploit masses at the cost of their benefit and are never concerned about the welfare of them and also people are enslaved in the name of incentives and growth whereas in communism, everything is owned and controlled by the state curtailing liberty and freedom of people. So socialism could do best for the country.

Uttoran said:   7 years ago
Nothing is perfect in this world, and even the best thing is bound to have some negative features. So capitalism is also not an exception. Capitalism brings more economic liberty than socialism and communism. Moreover, the concept of communism is too much hypothetical or virtual, considering the fact that socio-economic inequality is natural and inevitable. But a country like India has to think something in between. We need to reject the demerits or negative sides of both capitalism and socialism and accept only the positive features. These positive features, coupled with the essence of integral humanism from our Indian culture and traditions, can bring India to that level of socio-economic liberty where each person can at least be self-dependent or even self-employed by utilising their skills.

Siddu said:   1 decade ago
> Capitalism is flawed in India because consider our Indian political situation they fighting for minister seats, when election comes they spent lot money.

> And lot of illegal money kept in swiss banks nobody can't take that money back till they are depositing money in that bank only.

> Consider socialism democracy not good in india, because reservation of seats.

Ilusaud said:   1 decade ago
For the correction of the previously stated arguments, capitalist don't care about the growth, development of the country, society etc, there primary focus is to gain high profits and to wipe out competent in whatever manner they choose. For capitalism everything including human are treated as resources (that's why there is post of human resource HR) so they can can exploit it. This is just a colorful dream that is being projected that, capitalist countries seems to develop faster (of whom? and who pays for it?) , on other sided they face recessions, and also growth by suppressing some other org/institute/etc etc.
So we don't need fast development but there is need for sustainable and equitable development. At-least common man have some role in democratic countries to chose the system the way they want. In capitalist all the power are in some individuals (like in imperialism) and they can control them in whatever manner for their own benefits. In communism anyone can derive equal benefits for whatever he puts in. So don't treat this world as any system, and human as components of it.

Bhagath said:   1 decade ago
Capitalism can be good for the nation if the government running that nation doesn't favour the rich industrialists who are acquiring good control in the market because it can widen the gap between rich and poor. On the other hand socialism can be stressed side by side to favour lower class people which are deprived sections of the society.

On the other hand China is a good example of communalism because the nation is progressing fast on its way to become a developed nation. Thus it simply implies that a nation can definitely progress in communalism if the government cares for its people and plays an important role in the development of the nation unlike the countries such as Myanmar etc.

I don't agree with what Mis Anisha has said about the riots taking place in the country. Small things happen everywhere and they can be controlled. And I have read from a guy above that China is having more population than India but still its progressing fast that's okay but its not the only reason because the China is three times larger than India in terms of area and it has little more population than India.

The communist government there has strictly made the rules for families to not to have more than one child and with this rule they have successfully controlled the increasing population there whereas in India this rule can never be implemented in a democracy because the politicians only see the vote banks here and nothing else. This will result in the declining of resources and so lot of inflation. So we see here the communist government is better than democratic government for the progress of countries like India.

Poonam said:   1 decade ago
Hi Friends, In my view every system has pros and cons. Same with this. India is a democratic country. In start we should follow socialism. After distribution of economy in proper way we should follow capitalism. Because in capitalism power will be hand in individual of everyone. Everyone can survive on their on merits and demerits. But If we see other countries like china population of china is very large but development in country is very good as compared to India. So in my view every system has flawed but how can use the system will make it good for you or bad for you.

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