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Thread: Has capitalism failed?
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[quote=LEONARDO,330923]Has capitalism failed? The current global financial crisis has brought back the old subject: which is superior, capitalism or socialism (communism)? It is politically correct to blame the excesses of capitalism for the current financial crisis. I have noticed that almost all major English media are exploring this topic. Timesonline posted an article titled “Has Capitalism failed?”, which states that “the financial crisis has exposed capitalism's darkest imperfections. But it is still the best hope we have of creating wealth and opportunity for the many”.Apparently, it belongs to the Pro-capitalism. Other headlines like “ The end of capitalism” “Is this the end of US capitalism and “Capitalism Has Degenerated into a Casino'” are everywhere on the internet.” Obviously, these are against capitalism. Fininacial crisis is like a dormant volcano of capitalism, which erupts periodically. Why capitalism can’t terminate financial crisis permanently? Are financial crisis an incurable illness for capitalism? Has capitalism failed? What do you think? [/quote]
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