Saturday, September 24, 2016

W4 posting Kim hye min

SUMMARY.
This article is a story of economics.
The economics is an inseparable relation in society that people live.
Because all people have needs for the necessities of life, and should be something way to fulfill.
The method is developed step by step, I think that was to economics
In this article, It will be described separately economics to socialism and capitalism.
The capitalism is an Economic system in which capital dominates and wants pursuit of profits.
And the socialism refers to various theories of economic organization advocating public or direct worker ownership.
This also introduce socialism in various countries.
 
QUESTIONS.
What would you, personally, prefer: an economy closer to capitalism or closer to socialism?
I personally prefer an economy closer to capitalism.
I think that The best proof of concept is an real example.
So I consider current situation an economy to capitalism and an economy socialism.
Actually, Socialist countries have experienced a lot of failure.
What is any reason..
I ask to you What would you prefer an economy to capitalism or economy to socialism?
 

2 comments:

  1. I prefer an economy closer to capitalism,too. If a nation choose an economy close to socialism, maybe that nation's people might lose their will to work. Because, one who don't work hard get same money with another one who work hard. This situation will bring bad effect to the nation's economy. So I prefer the economy closer to capitalism.

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  2. I've read your writing very well.
    I agree with your opinion that many socialism countries fail. I think reason is that they don't compete with each other. If they don't compete each other, efficiency doesn't rise either.
    So finally it have a bad influence to eoconomy.
    And I'm curious about accurate reason.

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