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Saturday 28 July 2012

why I prefer capitalism

To start with, what is capitalism? Just let us define it in a simple but not simplistic diction! Capitalism is an economic system which is chiefly maintained by individual(s) or private ownership. Capitalism promotes individual reasoning. Like anyone with good "reasonability" can form good idea as against that of existing capitalist. There's room for improvement too and it challenges other sources of economy unlike socialism. Socialism is adherent to governmental policies and does not encourage individual rationality! It's not possible for a large number of people to think alike even if their thoughts are the same it's just a mere coincidence. Capitalism if given way, could make every country a better place. A very great country in the world had one way or the other experienced capitalism.

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