usa which touts itself as a capitalistic country bailed out wallstreet...that shouldn't have happened.
communist countries also never followed communism in its true spirit but then that is ignored.
i dont see any socialist or communist countries in africa, so since all are capitalistic countries then shouldn't they be prospering ?
1.That's what capitalism is NOT, THAT is CRONY CORPORATISM that I was speaking out against, have you NOT been reading my posts?
2.That's what all communists have been saying for years, yet we never see a decent one coming up, I think I'll stay away from a system with a record of failure.
3.There's also the culture factor, that's true, for example Iceland is doing a much better job than Latin America, and so does fellow Scandinavian country Sweden perform much better at Socialism than Spain.
But that's what I'm talking about, the culture factor.
A Swedish politicians cannot hope to get re-elected if he does a sloppy job with the country's healthcare, because the Swedes are a mono-ethnic,mono-cultural country that will surely vote him out.
That's not the case in India, if competence weere the sole criteria would pseudo-Secular idiots like Diggy and Lalu ever get elected?
Libertarianism is the only way for India, as long as it remains multi-cultural.