Which is the best economic system? | Bitcointalksearch.org

BADecker

legendary

Activity: 3906

Merit: 1373

Which is the best economic system? The one we have in America, and is reaching all the parts of the world.

Why is it best? Because it is two-part. The first part is made up of investors. The second part is made up of people who simply use the money for trade, but do little investing.

If the money system collapses, the investors will be done for. Average non-investors will keep on using the greenbacks for simple trade until they wear out. By that time, other currency, or Bitcoin, will become prevalent enough to take the place of the worn-out cash dollar bills.

Of course, by then the investors will have thought of ways to mess with the money again, for investing purposes.

As it is, the two systems, investors and users, are separate. The collapse of one won't have much impact on the operation of the other.

Cool

yellow1

full member

Activity: 182

Merit: 100

The best economic system is capitalism and socialism,,,capitalism= it allows people to own businesses and obtain wealth. Capitalism rewards hard work and success,while socialism= is a populist economic and political system in which the means of production operate under public political ownership.

jems

sr. member

Activity: 854

Merit: 250

the rich economic system for me is america or either china ..but the best economic system for me is people why? because if we have unity we can do our best in our country but the truth is doomed because government hide us their corupt works .

Winchester2211

jr. member

Activity: 59

Merit: 10

Quote from: RJX on March 20, 2017, 04:22:31 AM

The best system is derived from the ideas of the count of Frou Frou:

Others earn the money and they give it to me.

Such an economic system reminds me of banditry. Others earn, and you robbed them. It's bad.

RJX

legendary

Activity: 1078

Merit: 1003

The best system is derived from the ideas of the count of Frou Frou:

Others earn the money and they give it to me.

merchantofzeny

sr. member

Activity: 1036

Merit: 279

I'd still probably go with capitalism. I don't know if it would be socialism but capitalism with some sort of safety net for the citizens as well as ways to discourage lobbying would be ok.

Now that we've talked about this, I suddenly remembered a documentary I saw about a gift economy. Probably would not work with our society but interesting nonetheless.

Barrymore

member

Activity: 84

Merit: 10

Quote from: MeizuNN22 on March 19, 2017, 02:21:07 PM

The best economic system is one that maximally provides people with what they need more. Under the market system, the owner himself plans what and how much to release in order to please the consumer and not to go bankrupt himself.

Any economic system which cares about people is doomed to failure. The economy must work for profit. Social welfare should deal with the government. If there is a profit payouts.

MeizuNN22

newbie

Activity: 14

Merit: 0

The best economic system is one that maximally provides people with what they need more. Under the market system, the owner himself plans what and how much to release in order to please the consumer and not to go bankrupt himself.

Zz

legendary

Activity: 1820

Merit: 1077

Quote from: LibreMan on February 26, 2017, 11:29:12 PM

Quote from: Zz on February 11, 2017, 05:25:57 PM

optimum solution is Mixed Economy.
Good features of other systems are gathered in this.
Both social justice and the power of money.
As in many European countries

Perhaps the best is the Mixed Economy. Every system has a bad side. It might make sense to get the best parts of all the systems. But who will decide if something is good. Because in other economic systems, the systems that someone thinks are the best.

good; for whom, for what?
As other users have said; Society decides it. Human nature chooses capitalism but Socialism rests on justice.
question that is critical at this point is; How to share total revenue?
The secret of business: to share with peace and justice.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: LibreMan on January 17, 2017, 05:58:00 PM

There are many economic systems. Which is the economic system in which people can live peacefully and happily?

https://en.wikipedia.org/wiki/Economic_system

i think that only individuals can answer,

a communist state might suck for the top 1% in the usa but for the lowest 1% in the usa a communist state would be great, the same counts for migrants and refugees, a communist state has no landownership but central distribution authorities, but it sucks for solitary people who want to build their own dreams.

LibreMan

member

Activity: 69

Merit: 10

Quote from: Zz on February 11, 2017, 05:25:57 PM

optimum solution is Mixed Economy.
Good features of other systems are gathered in this.
Both social justice and the power of money.
As in many European countries

Perhaps the best is the Mixed Economy. Every system has a bad side. It might make sense to get the best parts of all the systems. But who will decide if something is good. Because in other economic systems, the systems that someone thinks are the best.

Tyrantt

hero member

Activity: 1022

Merit: 564

Need some spare btc for a new PC

Quote from: dylanc on February 17, 2017, 09:37:25 PM

Capitalism seems to be a better one at the moment.

absolutely but the full on absolute free capitalism, as much as I'm for capitalism than any other way, I'd rather see government regulated the prices a little but cheer on and help out those who want to start out new businesses.

Star.Wars

member

Activity: 72

Merit: 10

Every system that people can meet their needs is ideal. Other than that, the problem will come up whichever system comes.
What is important is the elimination of basic needs such as education and health.

dylanc

sr. member

Activity: 243

Merit: 251

Capitalism seems to be a better one at the moment.

noel2123

sr. member

Activity: 280

Merit: 250

Having the "best economic system" is starting with the people. Because if they will cooperate to each other its not impossible to have "THE BEST". It would be not that perfect that everyone wants, but giving its best effort just to have the best economic is a great feeling all the citizen in that particular country.

Zz

legendary

Activity: 1820

Merit: 1077

optimum solution is Mixed Economy.
Good features of other systems are gathered in this.
Both social justice and the power of money.
As in many European countries

worhiper_-_

hero member

Activity: 700

Merit: 500

Quote from: LibreMan on January 17, 2017, 05:58:00 PM

There are many economic systems. Which is the economic system in which people can live peacefully and happily?

https://en.wikipedia.org/wiki/Economic_system

An organized way in which a state or nation allocates its resources and apportions goods and services in the national community.

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

Living Peaceful and Happily are going to be two very different things, based on the fact that not everyone is going to be happy but if we're going to be talking about the MAJORITY of the people in a state / nation being happy I'd have to go ahead and think that Capitalism is the best system for people to thrive under.

I'm not going ahead and saying FREE-MARKET capitalism is the best way to go as we know without some Government regulation their is going to be abuses in the work force and problems with companies having such an impact on a countries economy that if they go bankrupt it can cause a meltdown of the entire economy itself. These are the reasons that we don't have a free market capitalistic economy.

To sum it up, Capitalism is the best economic system in my opinion.

Lacander

member

Activity: 103

Merit: 10

Quote from: audaciousbeing on February 08, 2017, 01:22:26 PM

Quite a number of people will agree that there is no best economic system as even in high school where all these types are explained, they all have their advantages and disadvantages but as for me, I will still prefer capitalism over here when people see rich men do things they just inteprete it to waste of money and that there are several people who are suffering but I hold the opinion that so far you didnt engage in anything illegal, then you dont owe anybody an explanation on how you spend your money its a free world where you have the ability to stretch yourself to your utmost capacity.

I also believe that capitalism is the best economic system, but if you pay attention to Swedish socialism, this system is no worse and maybe even better. Can the development of capitalism is socialism?

audaciousbeing

hero member

Activity: 1330

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Quite a number of people will agree that there is no best economic system as even in high school where all these types are explained, they all have their advantages and disadvantages but as for me, I will still prefer capitalism over here when people see rich men do things they just inteprete it to waste of money and that there are several people who are suffering but I hold the opinion that so far you didnt engage in anything illegal, then you dont owe anybody an explanation on how you spend your money its a free world where you have the ability to stretch yourself to your utmost capacity.

Topic: Which is the best economic system? (Read 2898 times)