Friday, September 30, 2011

If capitalism is so great, then why is the US economy failing?

I'm quite naive so I'd appreciate if someone enlightened me. Is China doing better; aren't communist countries bad? How about the European countries such as the UK, France, Russia, Italy, Spain, etc.

Norweigh, sweden, switzerlan?

Answer on If capitalism is so great, then why is the US economy failing?

There is no true form of capitalism or communism or socialism etc.. Communism is a form of government and capitalism is a form of economic order. China is both Communist and Capitalist.