what is capitalism?
i have to assume:
has capitalism failed in any nation?
it is frequent phenomena across the world
we have seen uprise of non-capitalism most successful are communism socialism autocracy based on religion
what is perceived asset for a nation?
capitalism fails always for one reason alone when individual one or some become richer than the nation
individual can make himself exponential times richer by virtue of depriving others who are responsible growth. he does it by writing laws to enrich himself. in today's world we laws writing shares and IP laws etc. when the nation cannot absorb the impact of accumulation of capital by an individual - the currency in circulation goes down; more currency printed brings down relative worth of the currency. worth of the nation suffer. usa currently in this situation just now. 10 of its organizations controlling about 70% of its currency in circulation while their products foreseeably useless. any day usa cannot be trusted to be solvent for the goods it is consuming. it may have to give up its national resources.
the balance of what one earns and what one gives must be at par and by virtue of some written law by him or by some group of practitioner. smartness is good activity generation but not at the expense of inactivity generation.
smartness of individual creates idleness or unemployment as a result unutilised resources. capitalism favors smartness and eventually it leads to change of direction to socialism or communism or unstable governments and prevalence of corruptions.
- currency publisher for a nation is by a central bank
- central bank knows how much money is in circulation
- central bank preferentially provides any fresh money published to national banks as per their demand at prevalent interest rate fixed at that time
- national banks invests the same without much oversight except the terms established that is not against interest of of national government such as transaction with banned country or organization
- individuals and or group is not restricted to accumulate - unlimited
- individuals and groups are not monitored for insolvency
has capitalism failed in any nation?
it is frequent phenomena across the world
we have seen uprise of non-capitalism most successful are communism socialism autocracy based on religion
what is perceived asset for a nation?
- natural resources
- mineral resources
- infrastructure
- defense arsenal
- industry
- political stability
capitalism fails always for one reason alone when individual one or some become richer than the nation
individual can make himself exponential times richer by virtue of depriving others who are responsible growth. he does it by writing laws to enrich himself. in today's world we laws writing shares and IP laws etc. when the nation cannot absorb the impact of accumulation of capital by an individual - the currency in circulation goes down; more currency printed brings down relative worth of the currency. worth of the nation suffer. usa currently in this situation just now. 10 of its organizations controlling about 70% of its currency in circulation while their products foreseeably useless. any day usa cannot be trusted to be solvent for the goods it is consuming. it may have to give up its national resources.
the balance of what one earns and what one gives must be at par and by virtue of some written law by him or by some group of practitioner. smartness is good activity generation but not at the expense of inactivity generation.
smartness of individual creates idleness or unemployment as a result unutilised resources. capitalism favors smartness and eventually it leads to change of direction to socialism or communism or unstable governments and prevalence of corruptions.
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