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The problem is that every system is doomed to fail if it is based on pure ideology, be it capitalism or communism. The reality is that you need something in bet
by kinleyd 7y ago
The problem is that every system is doomed to fail if it is based on pure ideology, be it capitalism or communism. The reality is that you need something in between. One which rewards effort but ensures a safety net, and provides the means and opportunity. Where one draws the line in balancing the good of capitalism and communism is the spot where wisdom lies. Communism obviously failed. Capitalism of the kind you have in the US also appears unsustainable as does the socialist underpinnings of countries such as India - just too much ideology involved. Of course countries ridden with extreme corruption have no hope whatsoever until the corruption can be reduced.