the virtues of the market economy

the virtues of the market economy








Many people talk about the virtues of the market economy and capitalism and ascribe it is beholden on all the technology that reached him human, and then compare capitalism to socialism and how it brought tyranny and shoddy goods and low production efficiency. With this, they reach to the conclusion that free-market capitalism is the best system "normal" can be established to achieve economic development and prosperity. Political corruption and tyranny and brutality spread to the farthest boundaries and dictatorships and civil wars and famines and all the misdeeds of this world being excluded from capitalism. Capitalism is the only democracy and freedom of elections and the Mercedes and Alrozraas by Ray those.
Defenders of the market economy does not believe that the planet suffer entirely under the system of market economy, but Adzún image and begin to Germany and the United States as the top of the capitalist and communist China and there is a quasi-capitalist economies in the process of evolution to capitalism, they claim, such as India, Brazil, South Africa and Egypt .. etc ..
And there is no further from the truth about this idea .. Capitalism in fact is one global system. Congo and Somalia, Saudi Arabia, Iran, India, Brazil, Egypt and the United States, Russia, China and others, all with some form of the system of capitalism. As we said before, capitalism is based on the market system and the individual property and wage labor. And this is a way of life on the planet.
If you have a million dollars, for example, you can go to him anywhere on the planet's surface to establish productive projects or commercially, and use of wage labor. And can produce goods and sell them wherever you want, where you get a profit, which is driven engine to do any economic activity.
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