Capitalism, communism and socialism are the world’s three major economic systems. While the phrase “economic system” may seem like a yawn, countless people have fought and died in major wars over which one should dominate.
Capitalism, communism and socialism are the world’s three major economic systems. While the phrase “economic system” may seem like a yawn, countless people have fought and died in major wars over which one should dominate.
The question shouldn’t be about which outdated question, designs or ideas we should follow according to academics, researchers and philosophers from a hundred years ago before our modern digital revolution.
We should be asking what system we need to create today and for the future where we establish equality and fairness for everyone at all levels of society and spreading the wealth more evenly rather than in letting small groups of idiots play games with the lives of billions of people.
(The answer is still socialism)