More on capitalism

Hi

Yesterday I went over how capitalism started and today I would like to follow up and compare capitalism with other various forms of economic systems. Before I do you should bear in mind that economic systems,i.e.-capitalism. socialism and fascism should be considered different from political systems such as democracy, constitutional republics and communism. One goes to the trade and commerce of a people whereas the other goes to the rule of those people. In today's modern world some times they overlap mainly due to the fact that totalitarian regimes control the population by means of economic methods.

Capitalism relies on the ingenuity of the individual, can he make a better product? Can he produce an existing product cheaper? Will the individual offer services more efficiently? One central theme running through these questions is that they all are tied in to individual freedom. When an outside force, the government intervenes then we have the efficiency quotient that drops. Why politicians believe that they know better than the rest of us is some thing that still amazes me. In almost every other economic system there is the intervention and control of the government, and of course the fall in efficiency of the worker and entrepreneur. Not good. The United States was build and flourished under a capitalist system. This is probably the main reason why we became the greatest nation on earth. Liberal (socialist leaning) politicians want to emulate societies and nations that have a record of failure. Do we really need this?

Both socialism and fascism rely on the government dictating the commerce of a nation. Government tells people what to produce, what to manufacture, what crops to grow and even what medical care one is entitled to. This is done with the excuse that the government knows better than the people what is best. Can anyone please let me know any place where this has worked? Why try it here, go capitalist and thrive.

More to come.

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