Capitalism Vs Communism
And now to one of the most controversial topics of all time: Capitalism Vs. Communism. Before I roll off, let me make it clear that I am no economist. But, at least I do not have hidden political agenda or vested interests. So, here's a simple thought experiment.
Suppose you have two chariots on a race – team A and B. But, this is not a race intended to declare a winner. This is a race where each team gets a bag load of money whenever they pass a milestone. Lets assume that team A gets $100 for every milestone irrespective of what team B does and vice-versa. These chariots are hand-pulled by 100 guys on each side. Now, the rules for how much each person gets on crossing a milestone are different in each team. Team A divides the prize equally among all the guys – a dollar each for every milestone. There's no dependence on individual performance. Team B actually measures each guys contribution and splits the money accordingly. For example, if only two guys did all the effort and the rest slept, then these two get $50 per head and zilch for the rest. You see where I am getting here. With such a setup, who do you think will get more money - Team A or B? Unless you have a political agenda or have been oblivious to whats been happening to the world for the past 30 years or so, you would conclude that team B will forge ahead while team A stalls.
Get the message. There is only one fundamental difference between capitalism and communism – Capitalism produces unequal wealth, communism produces equal poverty. Yes, I do agree that with all you paragons of social justice - communism does create equality. No arguments.
Suppose you have two chariots on a race – team A and B. But, this is not a race intended to declare a winner. This is a race where each team gets a bag load of money whenever they pass a milestone. Lets assume that team A gets $100 for every milestone irrespective of what team B does and vice-versa. These chariots are hand-pulled by 100 guys on each side. Now, the rules for how much each person gets on crossing a milestone are different in each team. Team A divides the prize equally among all the guys – a dollar each for every milestone. There's no dependence on individual performance. Team B actually measures each guys contribution and splits the money accordingly. For example, if only two guys did all the effort and the rest slept, then these two get $50 per head and zilch for the rest. You see where I am getting here. With such a setup, who do you think will get more money - Team A or B? Unless you have a political agenda or have been oblivious to whats been happening to the world for the past 30 years or so, you would conclude that team B will forge ahead while team A stalls.
Get the message. There is only one fundamental difference between capitalism and communism – Capitalism produces unequal wealth, communism produces equal poverty. Yes, I do agree that with all you paragons of social justice - communism does create equality. No arguments.
posted by Ganesh at 9:30 PM
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