greenblue wrote:
How is that exactly or how that works? socialists say that that is the answer to poverty and even some non-socialists believe that capitalism is part of the problem, developed countries can't be completely without any form of socialism when poor people living in rural areas are concerned,
Let's just look at India and China, before they wanted to take a planned economic route. When they gave up, they became stars. How many of those "non-socialists" are really knowledgeable? Heck, the popular event is to blame capitalism for evil but never for good. Now, I am not taking a hard anti-government stance, only claiming that a market pricing mechanism will allow for better use of resources.
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It is in my view that socialism being a cause of poverty would make more sense in a way than the other way around, but I would like to hear an analisys of how this could be the reason, I don't know much about this stuff
![Razz :P](./images/smilies/icon_razz.gif)
Well, my simple analysis is that socialism doesn't seem to work but variants of a market economy do. Heck, when China began to succeed it had given up on its hard socialism stance with Deng Xiaopeng and instead began integrating markets into the economy. The eastern European economies are also having much success after socialism with a much more market based system. Now, I am not going to say that every former socialist nation is suddenly having massive success, but markets do seem to work better than Marxists.