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

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.

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.

There always are certain merits and demerits in any form of government. Capitalistic government implies power being in the hands of every individual (not in the true sense as there are players who try to maximise their profits, but there atleast is more transparency).
And in case of a democratic government there is no transparency, even though it is said that we choose our own leaders but we know in our country, India, the scenario is different.
Comparing China with India, China's population is way ahead of India in figures in population, but the development they r having is pretty ahead of India.
So u don't have to wait for all the procedures in a capitalistic government, like we have to.
So m not saying that capitalism is free from flaws, but its the best compared to the rest.

In my opinion there should be different form of government over different country according to the condition required.

For ex:

Consider INDIA what's the main problem that it face?Corruption?reservation? Here whole of governance system is infected deep, infested my some corrupted ministers, for the welfare of our country it is mandatory to establish capitalist form of government so every single citizen has right to raise a voice against strong leader, practising corruption often.

BUT,

If we consider country like LIBYA it is quite obvious that a communist government will get spoiled if established as home wars are going on. So in that case a social form of government rather than capitalic or dictaric is needed to handle the deteriorating condition of country.

Although Capitalism gives the people their freedom and their say and rights to everything, it is not the system that helps a country develop.

Equality is the best way to rule. That is a way every single person feels his own importance, the part he has to play for the development of his country. Of course, living in a Communist country is not that easy so why not choose Socialism, which is between the the two, capitalism and communism?

When every man is forced to work, and live as humbly as his poor neighbour, it will incur diligence and humility, in other words, get rid of most of the unwanted qualities of the people such as laze and pride.

Hi Friends, According to me Capitalism is a flawed system but every system has its pros and cons. In communism everything is controlled by the government sometimes the government forced their people to do that things who they are not really want to do. Even media can't interfere. Nobody can stop them. On the other hand in socialism politicians take the advantage of poor people tried to fulfill their requirements. They forced to think that things only which politicians wants forced to think. In my view capitalism can be good if the government can do things for nation growth not to help rich industrialists.

In my opinion both capitalism and socialism has it's own flaws, if a country is a capitalism based company, the main aim of system is to earn profit, if it is communism the people are restricted to do the things they want, here the knowledge and power of individuals is restricted. In capitalism there is no such restrictions the individuals are doing wonders, for example take Dhiru bhai ambani, how this great man created the wealth, jobs to many graduates, etc. It is not possible in communism. So whatever may be the system when there is no awareness in the people to choose the government that system fails.

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.

Both capitalism and socialism has its own flaws and advantages. Capitalism improves more quality and brings in more technological improvements and competition in the market. However, capitalism increases the gap between rich and poor as so many technological improvements will only lead to increased prices of products and services. In case of socialism exactly the opposite happens in case of advantages and disadvantages. India follows a mixed economy, which I feel is the best as it absorbs the flaws of each other and create a balanced economy for our our country. Thank you.

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.