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

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, 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.

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.

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.

In my on point view capitalism is not the best system of government this because here in my country NIGERIA there is large gap between the richer people and poor ones due to running capitalism.

I think that, capitalism promotes only a special category people, and create a bridge between the rich and poor people, so that become the main reason of reduction in the growth of country. We look upon the glimpse of country like china, why the people of china are more developed than us in-spite of that they are having more population in number, because they promote equality and bring transparency in their system, capitalism also does not mitigate bribe. So, for become developed country, we should promote communal-ism and not capitalism.

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 the India should have opted socialist, communist economic system as the every 5 years we have the election and that coupled with capitalistic economic system generates the corruption and corruption only and that can generate the crony capitalism which we all see today I f the nation is opting electoral democracy then must opt for the socialist/communist economy since election gives all above.

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.

In a capitalist economy, investors are free to buy, sell, produce, and distribute goods and services with at most limited government control, at prices determined primarily by a competition for profit in a free market.