2 mushrooms down... matheur and I started discussing abt capitalist society, communist society, socialist and altermondealism.. mathuer born and brought up in belgium believes capitalism is not the right economy.. he says its full of flaws.. its more abt money than people..
2 reasons given by matheur that I liked the most .. he first defined economy as a process of production, distributing and selling things with the objective of improving the society.. but capitalism he says doesnt improve the society .. it makes rich richer and poor poorer.. and secondly he gave simple example ... u and i put money inthe bank becos it is safe and we earn some interest .. but the money deposited in the bank could be loaned to ppl who invest in defence companies that do make weapons like land mines which kill other ppl.. what fking sort of an economy is this .. questioned matheur.. well he was right...
i on the other hand being born and brought up in India and on account of my learning at a business school cant stop appreciating capitalism.. india was a socialist democracy for around 40 years since its independence .. and I knew how terrible our productivity was and how inferior our products were... when capitalism started spreading its wings rapidly since 1992.. ive seen and lived in the wonders of the outputs of capitalism... be it the dirt cheap airfares in india now or the amazing penetration of mobile telephones.. i felt and i still feel it does wonders for our society... secondly capitalism encourages or stimulates innovation to increase productivity and develop new technology..
and then it dawned ... most of the countries in western europe have lived in capitalism for more than a century .. they have seen it all .. its goods its bads ... they are like grand fathers who have seen a lot of life and it doesnt excite them a lot..
i and india are kids wrt capitalism .. we have seen it work for say at max 15 years in our society.. its like being a teenager who was just given a lot of freedom by his parents.. he only sees the good things in the world around .. so i believe that i am still looking at the wonders that capitalism can create .. and matheur who is over a 100 yr old in terms of living in capitalism is seeing the other side of it ...
well ... when u have very different perspectives .. mushrooms work well to make u understand why u have diff perspectives..
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