joe1776
Well-Known Member
In cooperative systems, there are no losers. In competitive systems, there are winners and losers. So, long term, a competitive economic system makes no sense for humanity which is essentially a cooperative endeavor.Not really, all systems have faults some have more than others.
Communism has never worked, even in the most progressive or generous of applications -- e.g. since John Smith, lol. In fact, we could argue that he implemented it the best and still had to leave it. If it's been failing since the 1500's there is no reason to entertain this stupidity -- it's a religious argument that only a crack pot would bother to defend. It's bad for productivity as your effort and merit are not going to get you further up in position. Everyone effectively gets yoked to whomever is the slowest, because the person doing badly at work still gets paid the same. Nothing better for your economy than to just suck the life out of it and destroy anyone's motivation. Also, there is the problem of losses -- when the people lose at a venture EVERYONE loses because they own it. Capitalism tends to isolate the risk takers by compartmentalizing the damage. This means risky venture takes might break their own bank, but no one else is affected. In communism, if that same thing happens everyone starves because it's communal resources and risks.
However, we humans have yet to invent a system of governing that hasn't been corrupt, incompetent,or both. So, capitalism has been useful in limiting the power of government with its free market. It does fine on certain products which can be shopped and compared by well-informed consumers spending their own money. It sucks otherwise.
For now, the so-called mixed economies make the most sense.