Topic: In which country is capitalism better implemented? - page 2. (Read 1169 times)
The northern European countries. Social market capitalism has proven to be superior and more stable since it was adopted (and ended) the great depression for them. It's the capitalism Sanders preaches but god forbid Americans actually know the real definition.
USA definitely, even if someone doesnt agree with everything capitalism stands for.
I don't know how it is in the US but in France a large part of investments companies make do reduce their taxable income. Dividends however are discouraged.
We're also observing a phenomenon, on one end linked to the "uberization" of the economy, on the other end with investments funds abandoning companies that don't give up enough return, of employees becoming capitalists.
More and more people own their single employee company, working for themselves. How capitalist of them !
More and more co-ops are created, where every employee or most employees are also owners of the business.
Following an attempted hostile takeover of my company (a very large Global 500 multinational) its main shareholders, family members of the creator of the company, have decided to favor employee ownership, so that such a takeover be rendered impossible. Employees own 22% of the company and 29% of the voting rights, with the founder's family owning enough to pass the 50% bar combined.
I've been an employee only 3 years and already a significant part of my income comes from buying preferential stock.
We're also observing a phenomenon, on one end linked to the "uberization" of the economy, on the other end with investments funds abandoning companies that don't give up enough return, of employees becoming capitalists.
More and more people own their single employee company, working for themselves. How capitalist of them !
More and more co-ops are created, where every employee or most employees are also owners of the business.
Following an attempted hostile takeover of my company (a very large Global 500 multinational) its main shareholders, family members of the creator of the company, have decided to favor employee ownership, so that such a takeover be rendered impossible. Employees own 22% of the company and 29% of the voting rights, with the founder's family owning enough to pass the 50% bar combined.
I've been an employee only 3 years and already a significant part of my income comes from buying preferential stock.
Capitalism, as in the economic principle and activity is implemented the same in every country.
Some countries may enable greater success because they have better infrastructure to bring entrepreneurs and consumers together or they may have more stable currency or laws.
However, government restriction of a free market does vary by country and would inhibit or enable capitalism to stumble or thrive. Example, the US has corporate tax rates at 35%, which directly impacts how much companies can invest in new innovation or pay its employees. But Ireland has much lower corporate taxes. This difference has forced many US based companies to shift their base of operations (on paper at least) to Ireland so they can take advantage of the lower tax rates. Apple does this.
Some countries may enable greater success because they have better infrastructure to bring entrepreneurs and consumers together or they may have more stable currency or laws.
However, government restriction of a free market does vary by country and would inhibit or enable capitalism to stumble or thrive. Example, the US has corporate tax rates at 35%, which directly impacts how much companies can invest in new innovation or pay its employees. But Ireland has much lower corporate taxes. This difference has forced many US based companies to shift their base of operations (on paper at least) to Ireland so they can take advantage of the lower tax rates. Apple does this.
Capitalism's about the personal interests. And every country has different capitalism. IMO The western capitalism is different with the middle eastern countries.
In the middle eastern countries, it seems more to be authoritarian.
In the middle eastern countries, it seems more to be authoritarian.
What is the reason for this?
To me, religion is like this because of the influence of human life. In Europe, religion does not make much impact on human life. But in the countries of the Middle East, religion shapes people's lives.
Where there is high religious belief, there is a fascination for authority.
Capitalism's about the personal interests. And every country has different capitalism. IMO The western capitalism is different with the middle eastern countries.
In the middle eastern countries, it seems more to be authoritarian.
In the middle eastern countries, it seems more to be authoritarian.
capitalism... it's dying in the age of AI
why not think of something post-capitalism?
why not think of something post-capitalism?
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. But in every country there is a different form of practice.
For example, is America and capitalism in Europe the same?
Or is the capitalism in the middle eastern countries and African countries the same?
In which country is capitalism better implemented?
For example, is America and capitalism in Europe the same?
Or is the capitalism in the middle eastern countries and African countries the same?
In which country is capitalism better implemented?
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