Topic: History buffs: Capitalism vs. socialism - page 2. (Read 2598 times)
I think at the beginning because everyone enters the society (economic circulation) start from himself, so at the beginning we need to value personality & private property. But when we need to achieve something better in common, a faster or better way is co-operation, then we need to share something and grows to be the public sector and public fortune. But no matter what the public sector grows better or worse, we still need to return to our own family. In this way, the private value is the most important thing to everyone. This is actually a circulation, the public sector is needed when we want to co-operation but anyway we will still need to back to private home.
The closest I was able to find was the relatively disastrous imposition of unpopular free-market policies in Chile during the 80s by Pinochet and his successors. http://en.wikipedia.org/wiki/Miracle_of_Chile
The policies caused a protracted depression and widespread poverty.
Funny, since Chile now has the highest GDP/capita in all of South America.
The policies caused a protracted depression and widespread poverty.
Funny, since Chile now has the highest GDP/capita in all of South America.
Has the adoption of capitalism ever resulted in a society becoming poorer or collapsing? I can't think of any examples.
There are plenty of examples of countries falling apart due to socialist/communist/fascist policies. Are there any such examples involving capitalism?
There are plenty of examples of countries falling apart due to socialist/communist/fascist policies. Are there any such examples involving capitalism?
That's a hard one to answer, because as a political ideology, capitalism is fairly young, even though elements of it have been rising and falling from favor for thousands of years. The same can be said of socialism as a coherent ideology.
We would have to be able to type each nation that has ever "collapsed" and be able to determine if they were, practically speaking, more capitalist or more socialist at the point of breakdown. I doubt that there is an objective method of doing this.
And remember corporatism != capitalism.
Has the adoption of capitalism ever resulted in a society becoming poorer or collapsing? I can't think of any examples.
There are plenty of examples of countries falling apart due to socialist/communist/fascist policies. Are there any such examples involving capitalism?
There are plenty of examples of countries falling apart due to socialist/communist/fascist policies. Are there any such examples involving capitalism?
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