Capitalism is a very Flawed System but the others are so much worse
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39 comments Page 3 of 4.
Kumar ashish said:
1 decade ago
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.
(14)
Anish said:
9 years ago
Let me mention few negative impacts of flawed capitalism- In today's society, many people are ignorant about the socioeconomic system in which we live. This.
Fact can be very upsetting because of people's indifference about what.
People are doing to our planet and what we humans are doing to ourselves. Flawed capitalism is affecting the morals of humanity and the human habitat. Like excessive consumption, Income inequality, Social mobility etc is sustaining and reinforcing the conscious destruction of our planet and humanity.
Fact can be very upsetting because of people's indifference about what.
People are doing to our planet and what we humans are doing to ourselves. Flawed capitalism is affecting the morals of humanity and the human habitat. Like excessive consumption, Income inequality, Social mobility etc is sustaining and reinforcing the conscious destruction of our planet and humanity.
(11)
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)
Acommentor said:
1 decade ago
Capitalism may increase ruthless competition whereas total Communism makes people demotivated. In a Capitalistic society competition is generally unfair (a labourer's daughter will be competing a millionaire's child, for example). A balance could be Progressive OUTlook (PROUT) policy. In PROUT, an individual is encouraged to excel, but reduces ruthlessness by (i) restricting the multiplication of individual property (ii) giving an acceptable minimum to the less fortunate.
(11)
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)
Pavan said:
8 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.
(18)
Nikuk said:
1 decade ago
Capitalism have it's advantages over flaws so this system become more suitable than the others, and so most of the world accept this kind of. In case of capitalism person may be look selfish but he always struggles for improvment and self progress so the it enhances the life in every way. Unlike it in secularism person think that, he will not get any profit if he will do that work with thwt much work and so took it as causal.
(6)
Anisha said:
1 decade ago
Capitalism is a flawed system but every system has its flaws. Example-in communism everything is controlled by government so sometimes people are forced to things which they are against of. Example in china nowadays there are revolts taking place were people are revolting against the government as they are not satisfied with it. There is no transparency in media so world dosen't know about the happenings in the country.
(26)
UDAY chhatre said:
1 decade ago
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.
(12)
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.
> 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.
(18)
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