Originally posted by badman
The price system is the only thing taking care of the resource allocation.
Forced distribution of goods to everyone doesn't work, the Soviets have proved that.
The price system is the only thing taking care of the resource allocation.
Forced distribution of goods to everyone doesn't work, the Soviets have proved that.
Originally posted by badman
Why should I work if I don't get paid for it?
Why should I work if I don't get paid for it?
Originally posted by badman
Dictatorships are the reality of the world but they don't necissarily come with capitalism, why should they?
Dictatorships are the reality of the world but they don't necissarily come with capitalism, why should they?
Originally posted by badman
The reality of capitalism is that there are always ups and downs but in long-terms the economy is always growing.
The reality of capitalism is that there are always ups and downs but in long-terms the economy is always growing.
Originally posted by badman
I know that the rich countries have to change parts of their policy and it is even possible that they won't be able to sustain the growth they had in the previous centuries but under the right conditions any country can become a tiger state. It will be a long process and there will always be poorer and richer countries but every country can reach a certain level of wealth under the right conditions.
This is not possible under communism.
I know that the rich countries have to change parts of their policy and it is even possible that they won't be able to sustain the growth they had in the previous centuries but under the right conditions any country can become a tiger state. It will be a long process and there will always be poorer and richer countries but every country can reach a certain level of wealth under the right conditions.
This is not possible under communism.
Originally posted by badman
I also know that productivity doesn't eliminate poverty but it gives everyone the chance to eliminate his own poverty because there will be enough resources.
I also know that productivity doesn't eliminate poverty but it gives everyone the chance to eliminate his own poverty because there will be enough resources.
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