Post
Topic
Board Economics
Re: How Capitalism defeated socialism?
by
fiulpro
on 22/04/2022, 18:55:51 UTC
The verdict is in, and contrary to what socialists say, capitalism, with all its warts, is the preferred economic system to bring the masses out of poverty and to make them productive citizens in our country and in countries around the world. Remember this: Capitalism rewards merit, socialism rewards mediocrity. I mean, socialism talking about equality but it is just a beautiful lie , and capitalism is an ugly truth !

There was a political cartoon in our civics book when we were small, a one we did not understand a lot but it stated how : rich gets richer and how poors get poorer and that's how the whole system works especially in countries which are filled with not only corruption but also disparities between the masses where education is the only thing that can get you onboard on the race but to win you would have to work 1000 times as hard.

I think cryptocurrencies can bridge this gap to an extent, some of them are proving to be an amazing trading opportunity for most people and some people became millionaires investing some money in certain Altcoins as well.

At the same time it's important to have education as a tool to encompass the monotonous routine as well.