The Right Path for The World Economy
by How can the world have a better economic system and try to avoid recessions? The answers are here.
As we know the world especially the west is facing huge financial problems which also threaten to change the world into a bipolar world again. It can be seen that whenever a capitalist country faces recession it quickly adopts some socialist policies to get back on track. Of socialism, there isn’t much left to talk about but when it was there it was always behind Capitalism.
Socialism has many drawbacks such as corruption, less opportunity for individuals, slow growth etc. But capitalism also has its drawbacks, it increases the gap between the rich and poor, their is more discrimination and racism, nothing is guaranteed for the people, people struggle for everything etc. Capitalism is the dominant system now but it can’t guarantee many things the humans require. So if both systems are unreliable then what should we do? The solution to all economic problems was developed soon after the 1st Worlds War. A question would probably go through thy mind, that would be if their has been such a solution then why has it not been implemented? The answer to that also lies in History.
The name of the solution is National Socialism or Nazism as it is commonly known. I’m pretty sure that this would not go down very well with most people as in the modern world National Socialism is regarded as a racist, extremist system and also as a great abomination. But I’m only suggesting that the economic policies of National Socialism be adopted. That is because of we dig into the past, then we’ll find that Germany’s glory and economy were my was only revived after the National Socialists came to power. National Socialism takes some good bits from Socialism and some good bits from Capitalism and combines to form the best possible economic system. Most Germans who lived at that time would probably recall it to be a time of hope and great expectations and also a time when people started to get jobs and life became more cheerful. If only the modern countries of the world would realize the advantages of this system and implement it.
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