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PhaseFour
Big Bad Bald Asian Guy



Registered: Apr 2001
Location: Sacramento and/or UC Davis, California

hey all

im in the middle on an IB economics standard level course in high school, so i dont have the most powerful background. first off, there have been great points made, and i wont repeat them. also, i tend to be very pro-capitalist

but what does concern me a bit about capitalism, especially in the united states, is the fact that some cultures are better suited for capitalism, while others arent, which may be a reason why the whole world isnt "wealthy".

for example, lets look at southeast asia. ive read many articles how, in certain countries (i cant remmeber the specifics), many of the rich are chinese immigrants, while the natives are not faring as well. no offense to anybody, but we know that the jews are suceeding espeically well in capitalist societies. also, a friend of mine is made up of two european cultures: one side of his family is currently farming in kansas while the other side is in california's silicon valley.

ive never acutally discussed this with anyone at all, but this sort of disparity does concern me a bit. in a sort of sick way, this is the beauty of capitalism: those with the drive to succeed can succeed

~4


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Old Post Dec-27-2002 04:25  United States
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Nadi
Not quite an addict



Registered: Dec 2001
Location: Los Angeles, Californa,

quote:
Originally posted by Arbiter
Neither, in its purest form, will ever be an optimal system. The true path to prosperity comes from adapting whatever elements of both systems best fits current economic conditions.


I agree 100%

Old Post Dec-27-2002 06:20  United States
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Matt
Supreme tranceaddict



Registered: Nov 2001
Location: Toronto, Canada

socialism for sure.


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Old Post Dec-27-2002 06:42  Canada
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TranceAddict Forums > Other > Political Discussion / Debate > Macro Economy - Socialism or Capitalism
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