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Author Topic: In which country is capitalism better implemented?  (Read 1141 times)
BartS
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February 14, 2017, 03:28:50 AM
 #21

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. But in every country there is a different form of practice.

For example, is America and capitalism in Europe the same?
Or is the capitalism in the middle eastern countries and African countries the same?

In which country is capitalism better implemented?
It depends on what you mean by better implemented, if you are looking for the best opportunities to make business then the first world seems to be better for that, but if what you are looking is to keep most of the fruits of your labor for yourself then look for the countries with the lowest taxes in the world.
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February 14, 2017, 04:05:27 AM
 #22

but if what you are looking is to keep most of the fruits of your labor for yourself then look for the countries with the lowest taxes in the world.

There are several countries out there with zero income tax and corporate tax (such as United Arab Emirates, Cayman Islands, and the Bahamas). But personally, I wouldn't mind paying a small amount of tax (10% or 15%), if I get good public services in return.

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February 27, 2017, 09:58:52 AM
 #23

I believe the capitalism is better implemented in USA. At least is that the impression I have since I can remember by the news, historical events, behavior. In the Europe it looks work well too, but the bureaucrats and opportunists are trying to make it harder with the globalization and all these lies about a friendly world where everyone loves everyone, but the reality is that all these lays only make their pockets bigger while the people suffer with difficults of bureaucracy.

How is your health care system in USA? How about the situation of people who are homeless?
Is there any social assistance? My friends in USA say: It is better to die than to be sick.
So there is a wild capitalism in the USA. What do you think about it?
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February 27, 2017, 04:53:41 PM
 #24

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. But in every country there is a different form of practice.

For example, is America and capitalism in Europe the same?
Or is the capitalism in the middle eastern countries and African countries the same?

In which country is capitalism better implemented?
It depends on what you mean by better implemented, if you are looking for the best opportunities to make business then the first world seems to be better for that, but if what you are looking is to keep most of the fruits of your labor for yourself then look for the countries with the lowest taxes in the world.
to me i think by better implement mean that the facilities of bitcoin should be available everywhere. as still bitcoin is not yet present everywhere and only present in such areas where the users are more to me i think the facilities of bitcoin should also be present in all other areas. so that people can get benefit from it.
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February 27, 2017, 05:15:17 PM
 #25

When we say Capitalism, we should forget hungry faces, labour class, their rights and lives completely. It should be confined in a society of suit-boot class. To my knowledge, there is hardly any country which has eradicated poverty completely. If poverty exists, Capitalism gonna hit badly for sure!
Mixed Economy is best solution, I guess!!

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audaciousbeing
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February 27, 2017, 06:24:31 PM
 #26

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. But in every country there is a different form of practice.

For example, is America and capitalism in Europe the same?
Or is the capitalism in the middle eastern countries and African countries the same?

In which country is capitalism better implemented?

From elementary economics that I learned, the father of capitalism has been USA and till today even when I am grown to really understand how countries work, I still havent see any country beat the United States. Its in that country you can afford pursue your interest to the fullest and government is taking the back role to only regulate the activities and ensure the workers are treated fairly. A country where an individual can own estates and responsibility to community is not hanging over his head just because he is from there.
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February 27, 2017, 06:28:09 PM
 #27

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. But in every country there is a different form of practice.

For example, is America and capitalism in Europe the same?
Or is the capitalism in the middle eastern countries and African countries the same?

In which country is capitalism better implemented?
It depends on what you mean by better implemented, if you are looking for the best opportunities to make business then the first world seems to be better for that, but if what you are looking is to keep most of the fruits of your labor for yourself then look for the countries with the lowest taxes in the world.
to me i think by better implement mean that the facilities of bitcoin should be available everywhere. as still bitcoin is not yet present everywhere and only present in such areas where the users are more to me i think the facilities of bitcoin should also be present in all other areas. so that people can get benefit from it.

 As much as I want it to be true, bitcoin can never be the world's currency. It's gen 1 software and its weakening already. The blockchain can't prevent double spending and it can't hand the volume being placed on it now. It's not a lack of computing power, its the weakness of a gen 1 software. I'd love for my bitcoin to become a huge amount of money, but I'm thinking Dash is in a better position. The masternodes enable instant spending, tumbling is integrated so you can't spy on people's spending simply by knowing their wallet number and it can be updated.

 I hope Satoshi is right and cryptos can erode or possibly remove the power of central banks, but it can't be bitcoin. Not unless someone really brilliant has a solution to bitcoin's problems. If you do, please share.

thesavoyard
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February 27, 2017, 06:39:16 PM
 #28

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. But in every country there is a different form of practice.

For example, is America and capitalism in Europe the same?
Or is the capitalism in the middle eastern countries and African countries the same?

In which country is capitalism better implemented?

From elementary economics that I learned, the father of capitalism has been USA and till today even when I am grown to really understand how countries work, I still havent see any country beat the United States. Its in that country you can afford pursue your interest to the fullest and government is taking the back role to only regulate the activities and ensure the workers are treated fairly. A country where an individual can own estates and responsibility to community is not hanging over his head just because he is from there.

 I have taken both macro and microeconomics. You should stop idolizing America. Firstly, America newver did better than the western countries, per capita GDP, America only lead in the 1940-50s when New Deal progressives were in charge. We've been on a steep decline since the Baby Boomers embraced greed and a "free market." They live in a world of delusion where Reagan was a good president. Never mind his 4 year recession, never mind his tough military mentality nearly destroyed the world in 1983.  He was caught betraying his country for his own political gain, yet people with short memories think the economic philosophies of a bad B movie actor are somehow valid.

 The Democrats even idolize him, it's because they've worked hard to corrupt what it means to be a progressive. You'd be hard pressed to find an establishment Democrat that agreed with the 1912 Progressive party platform, the founding document of progressivism.

 America became a wealthy nation during the 35 years conservatives were excluded from office after causing the Great Depression, things have been getting worse since Nixon. America was built on mixed social democratic mixed economic principles. America is declining because they embrace laissez-faire and neoliberal economics.

 

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