manishsinghon
Manish Singh
Hi guys,
In my opinion both capitalism and socialism has it's own flaws, if a country is a capitalism based company, the main aim of system is to earn profit, if it is communism the people are restricted to do the things they want, here the knowledge and power of individuals is restricted. In capitalism there is no such restrictions the individuals are doing wonders, for example take Dhirubhaiambani, how this great man created the wealth, jobs to many graduates, etc. It is not possible in communism. So whatever may be the system when there is no awareness in the people to choose the government that system fails.
Please share your views…
In my opinion both capitalism and socialism has it's own flaws, if a country is a capitalism based company, the main aim of system is to earn profit, if it is communism the people are restricted to do the things they want, here the knowledge and power of individuals is restricted. In capitalism there is no such restrictions the individuals are doing wonders, for example take Dhirubhaiambani, how this great man created the wealth, jobs to many graduates, etc. It is not possible in communism. So whatever may be the system when there is no awareness in the people to choose the government that system fails.
Please share your views…