> The fact that capitalism is the best resource allocating framework we found, for managing society, shouldn't prevent us from discussing its flaws.
The thing that people forget is that democracy is inefficient, but it has less flaws than anything else we have tried in the past. I suspect Capitalism is similarly the least flawed system we've found so far. (don't know enough economic distribution history to be sure).
A lot of people claim socialism is much better, but I am not sure it works well at big scales, looking at say a country like India.
The thing that people forget is that democracy is inefficient, but it has less flaws than anything else we have tried in the past. I suspect Capitalism is similarly the least flawed system we've found so far. (don't know enough economic distribution history to be sure).
A lot of people claim socialism is much better, but I am not sure it works well at big scales, looking at say a country like India.