Capitalism is a very Flawed System but the others are so much worse
Points to remember before you participate in this discussion:
- Assume you are one of the members of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Contribute your positive thoughts towards providing the solution.
- Post your thoughts here.
Discussion:
39 comments Page 3 of 4.
Saurabh said:
1 decade ago
As far as i am concerned capitalism is better option as far as india is concerned bcoz socialism will be as good as the government.. in present scenario where we see nepotism and corruption stricken political system how can it help.. on the other hand capitalism leads to far more discipline and commitment so it is the better option.
(15)
Poonam said:
1 decade ago
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.
(8)
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.
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.
(16)
Mayur said:
1 decade ago
By appreciating the perception of all my friends I would like to say that for India capitalism won't suite but if we see the situation of government I would say that capitalism is good at least it will provide Growth in much faster manner then what today we are going.
(5)
Priya said:
1 decade ago
India is a mixed economy.India follows a democratic form of government in which people elect their own government.In Capitalist form of government,power is in the hands of every individual which has it own flaws but every system has its own flaws.In a communist form of government every decision is taken over by government and people are not allowed to interfere in their decision but in my view capitalistic form of government is better as compared to other form of government.
(10)
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.
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.
(16)
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.
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.
(9)
Bharath said:
1 decade ago
Capitalism puts out new talents but where as socialism doesn't because they know they will not gain much.
(7)
Neelam said:
1 decade ago
I support capitalism because in my view capitalism is much far better than socialism, in latter as everything is privately being owned so everybody knowing their responsibility fullfil in much better way, and to maximize their profit although it may be for their selfishness but becomes profitable for the whole country. We all know that the people have lot of money and if it can be used for country's development it will create magic for the country like India.
(12)
Ramakrishna said:
1 decade ago
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.
(43)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers