im no advocate of Socialism but Im a Student of International Relations and to study different types of systems is in our curriculum. What i have learnt in all those years is that when it comes to benefit of People then Communism is better viz a viz Capitalism.
In Capitalism the core is Wealth and it revolves around it for example if i have Rs 4000/-and u have Rs 2000/-Now if u invest/put them in a bank yr 2000 and by the time u will make 4000 to come on level with me i would have already made 8000 on same way. Either by investing or putting them in bank.
This was just one example i gave u from its investment/banking system which ultimately runs the financial and economic system.
As u can see its a nvr ending race between a rich and poor.
Read books of Adam Smith and Xavier abt Economics and Finances.
Adam Smith and Xavier r the founders of modern day capitalism.
Your examples are valid. But this is not the first time in the history of the world that inequalities exist.
The yawning gap is there in our countries because the governments in both your and my nation are corrupt to the core and bag in all the money meant for public welfare.
Look at the number of scams done by MMS & Co. in the last 5 years.
Now multiply this 11 times (55 years of their rule in 66 years of total independent Indian rule).
Think how much of improvement could all this money made to the lives of poor.
If we had put this in a proper social security system like Sweden, Norway, Finland or even Canada etc think how many poor would have benefited and utilized facilities.
Now Communism came in the reaction of Capitalism in europe in which labors rebelled against the factories run by investors/Rich class.
The formed a new system based on Karl Marx theory called Marxist Theory. In which the core of the distribution of wealth was '' Effort''. that who ever does work will be paid more or in simple words u ever does more effort wins the race.
Read the Books called 'Dos Capital' by Karl Marx in this book he for the first time present Marxist Theory and talked in great detail abt it.
What Marx said or did not say, never got applied did it?
Instead, all communist countries became tyrannical madhouses, collapsing like dry leaves on a stormy evening.
China took the communist collapse as a warning and turned to authoritarian state capitalism which benefited them.
But those who followed true communism, failed miserably just like how our big Red friend failed.
All this im telling u so that u can do yr own research first then to believe in rumors and brainwash yourself.
Remember the ones who get misguided r those who dont have a first hand knowledge or lack awareness. But those who have knowledge and awareness cant be brainwashed or misguided.
I will definitely read your suggestions. Thanks.
But tell me, was this all not evident since the days of cold war? The domino collapse of communist countries one after another?
Because of unrealistic economic planning.
Utopia looks good only in imagination my friend.
In reality, one has to understand and work around the circumstances prevalent in the country.
