the country(s) with the best economic system. WHY?

Discussion in 'The ChitChat Lounge' started by jamhead, May 16, 2005.

  1. jamhead

    jamhead Unknown Legend

    which to your mind have the best economic system / system of governance? why?
  2. guitarangela

    guitarangela gran'ma

    United States...I think so
  3. light_of_erindi

    light_of_erindi New Member many taxes....but so much free stuff....:):)
  4. jamhead

    jamhead Unknown Legend

    L of E,
    i agree with you... not just denmark, but all Scandi countries.... they are fully capitalist economies but even capitalism can't help all 100% of soceity... so the government steps in and side by side with a market ecomony, the finer points of socialism are also realised there... free education, medicine and almost no poverty, if not none at all.....of course taxation pays for all that... but thats fine.
  5. bob-bobby

    bob-bobby Extinct or Banned!

    i personally feel its CHINA , within no time the bush place has advanced so much , it was a main cause of closing down most of japan's industry which use to be No. 1 at one time .

    the support what chinese govt gives to the local industry is tremendous and also helps the civilian growing up in much better way with proper education and a life style to live .
  6. vinyl

    vinyl Watch this space

    Definitely the scandinavian countries.. for the reasons given above. I remember seeing all of them in the top 10 countries to live in.

    Problem with the States is that the government isn't transparent and doesn't provide that many services (or rather not as good quality of services) to its citizens. China's problem is that the people don't have a say in what they want to do, it's all allocated by the govt. which means that people aren't necessarily doing the job they're best at. Therefore they have under-utilised resources.
  7. jamhead

    jamhead Unknown Legend

    and whats india's problem ?
  8. vinyl

    vinyl Watch this space

    Do you really need to ask? ;)

    Too many problems... a person like Laloo or ex-convicts like phoolan devi can become ministers... no one has any fear of losing their job (no matter how many train wrecks happen... most places would have fired the man in charge straight away)... too much red tape.. list goes on. I think things are improving, but very slowly.
  9. jamhead

    jamhead Unknown Legend

    in short.. lack of privatization, lack of acountability and finally a weak electoral system ?
  10. vinyl

    vinyl Watch this space

    Pretty much... but I guess that in turn boils down to the fault of the education level of the people. Why did they vote for these people, why don't they see the benefits of privatisation, why can anyone with money get away with murder.. so on
  11. jamhead

    jamhead Unknown Legend

    as long as the number of people without basic education will outnumber the people with it, we will have such problems - laloo will be able to con people into voting, and so will murderers etc.

    there should be no mercy shown to people who accept bribes, commit rapes - that will deter future offenders - for they will know that wotn be able to get away with it, with money, connections w/e

    finally for the lack of privatisation - nehru and his pseudo socialism, borrowed from russia - a country that is unlike india in every way and can never dish out solutions to our problems - is to blame. we rely a bit much on the pulbic sector/govt. to do everything for us & the govt. in turn tries to keep that dependence going by cutting the wings of the private sector players. but things i believe are looking up with the death of the license raj...

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