Capitalism or Socialism what do you vote for?
By madugulagopi
@madugulagopi (1093)
India
September 6, 2009 9:32pm CST
Hi friends I know that capitalism and socialism are two arch rivals and what do you vote for?
Capitalism is an economy where government is free trade without government regulations and I know there are many people who are against it and there are many people who still feel that most of the capitalists are like parasites sucking the blood of their workers and not considering about their welfare
On the other hand Socialism is an economy where government owns and controls all the businesses and properties and uses it for the welfare of the people and country and like capitalism socialism also have its own problems like the govt is not distributing the funds properly and the trade won't grow etc etc...
So what do you think is better for a country and y?
3 responses
@sunxiaoyang010 (169)
• China
7 Sep 09
I vote for socialism firmly,since i am living in a socialist country now and my life is full,happy and meaningfull. But that don't mean i against capitalism, you should not comment a system when you don't have any knowladge of it ,that is arbitary i think .
@madugulagopi (1093)
• India
7 Sep 09
Ya you are right we cannot comment on a system when we don't know about it all i wanted to know is are you happy with your state of economics if not why?
I am happy that you are very much contended and happy
@killersss (638)
• India
7 Sep 09
i think a capitalist economy is better for a country than a socialist economy where a trader is not free to trade without the government regulations. i think the traders should be given all the right's to trade and i just like the capitalist economy in my country.