Posted by swamphawk22 on 7/17/2010 9:12:00 PM (view original):
What a wise response.
Tell me where Capitalism failed and Communism worked!
Who is advocating communism? Regardless, China is proving to be an economic growth machine that is near recession-proof, for now. That being said, nobody wants to be China.
Failed Capitalism: Germany 1935, USA 1935 & 2008
Both are bad. Unregulated economies are as problem-ridden as pure socialism and for opposite reasons. Sometimes deregulation is important and sometimes regulation is important. The capitalism v. communism debate is a strawman with no basis in reality. Nobody has proposed communism and to debate it is a pointless waste of time.