Published:  12:35 AM, 10 October 2019

Capitalism or socialism -- where are the remedies?

Capitalism or socialism -- where  are the remedies?

Under capitalism, all farms, factories and other means of production are the property of individuals or private firms. They are free to use them for making profit. The desire to earn profit is the sole consideration of the property-owners in using their property. On the other hand, under capitalism, everybody is free to take up any line of production, and they are free to get into any contract to earn profit.

Indeed, there are demerits of capitalism. The capitalist economy has been showing signs of stress and strain at different times. Some have called for a radical reform of the free-market economy. Others like Marx have considered capitalism economy to be contradictory in itself. They have predicted the ultimate doom of capitalist economy after a series of deepening crisis.

Economists now agree that there are certain imperfections in a free enterprise economy, which must be corrected. The Government must come out to regulate the economic machine so that it does not run down occasionally. Government has a positive role to play in promoting unemployment, price stability and orderly growth. The difference of opinion now is not on whether the government should regulate or not, but is rather on how much control is appropriate under different circumstances.

The best way to identify the system that exists in our country is to give it a capitalist name. At one time there were some good aspects of capitalism. We do not see those aspects in our country. Capitalism boosts production, capitalism encourages investment, and capitalism gives a form of freedom. We do not see those qualities in our country. What we can see is that the worst aspects of capitalism. We see isolation, we see consumerism, and we see oppression. And this is the point of isolation that is very important. In our country, those invaders who committed genocide in 1971 hoped that the affected people would be separated from each other.

Everyone will think of himself, see his own interests, try to save his own life. The only reason we are able to drive them out is because of them. The reason is that we were not isolated, we were united. This unity was the strength that day.We have to think about the issue of isolation. Isolation and loneliness are not one thing. Examples can be seen clearly. There are two very famous characters in literature.

Both are young. One is Robinson Crusoe and the other is Hamlet. We see that Robinson Crusoe swims on a deserted island at an early age. His ship sank, and the young man sailed on that lonely island to swim. Lonely of course,but not isolated. Robinson Crusoe had some tools in his hand that he could recover from the broken ship. They are treated as tools to produce. He farmed, he caught fish, he reared goats, he befriended nature, and he collected the fruits of the tree. He has collected a parrot. He had loneliness, but no separation, and this young man was looking for another way to end his separation, that is to read the Bible.

The main reason that people tend towards religion is because of isolation. When man sees no hope, only danger, only the enemy, sees nothing else, he seeks refuge in religion. That was the case with Robinson Crusoe. Robinson Crusoe sees darkness all around, a lonely secluded island, but having read the Bible there; he is comforted and has overcome some of his isolation.We see another character to the contrary. Very well known character,Shakespeare's Hamlet. Hamlet was not alone.

Hamlet is a student at the University of Wittenberg, the most famous in Germany of that day. Hamlet is a philosophy student. Hamlet has friends; Hamlet can write plays, perform plays, swords. He has innovative energy. Hamlet is the highest-ranking man in that state of Denmark. But Hamlet sees he is falling apart. Hamlet loves his mother, loves his father, and sees that a rogue has killed his father, married his mother, and he cannot accept the marriage of his mother because he thinks his uncle's relationship with his mother should be with his siblings. The Relationships between siblings are husband and wife; it is a very unholy relationship.

Hamlet will avenge that.But how to take revenge? He's going to be alone. He can see that if he kills the king, then a king is gone, but the wrong is not eliminated. He can see that what is happening all over the country, time is split in two and the responsibility of uniting these two pieces of time falls on his shoulders. Hamlet sees that he is fighting for justice alone. No one was with him. Everyone was against him and by then he had become an ancestor again. He killed Ophelia's father, who was supposed to marry Ophelia. We saw an extreme example of isolation.

Capitalism nurtures isolation. Evidence of this can be found everywhere. The family is breaking down. Brother is killing brother, son is father, and father is killing child. Even the mother is murdering her own child. Competition and contests are going inhumane. Abnormal and accidental deaths of people are no longer news. Everyone is busy with themselves. These details can be tallied;But the question what will we do.

Floating in the stream is going on, profit does not come by the advice. Especially because the stream of society is poisonous like the flow of rivers flowing in densely populated areas; He has no commitment to health in the stream, is likely to suffer from a debilitating illness. None can be saved by floating in the stream, because the currents are lost. In many cases, it is just a floating pile of rubbish. We want to free the stream from the pile of rubbish. In a word, we want to liberate the country. There are countless dangers, corruption, and misuse of power. But these are not the disease, but the evidence and symptoms of the disease. The treatment will not cure the disease. The disease remains inside.

The first duty is therefore to identify the disease. The disease is capitalism. The identity of the disease is not heard as much as it was before. But the main cause of our collective and personal misery is the economic and ideological violence of capitalism. Capitalism is ruthlessly encouraging the individual's lust for profit and consumption. People are just looking at themselves and upset everyone when they see themselves. Capitalism is keeping people busy about themselves, forbidding the advantages and disadvantages of others. Individuals are losing their humanity to the antisocial beings.

The real strength of the war was the participation of the deprived people, while the leadership was in the hands of the rich. It was not a vote but a political unity of struggle. The solidarity did not take place; the scene has changed since the war ended. This is exactly what happens when the steamer hits the ferry. Upward passengers, who are few in number, get down first and fast. On the lower deck there are many people, they have to come down and slowly. As they came down, there was nothing left to say about the vehicles, the people on the top occupied them and left for their destination.

A socialist economy has many alternative features. These have made socialism more and more popular.
There are certain demerits of this system. Whatever the difficulties of running a socialist economy, the appeal for socialism was great especially, in less developed countries. For over populated countries having national problems, socialism seemed to be the only hope of the masses.

Free market economy in its pure form is a thing of the past. Mixed Capitalist Economy is already the order in all the western countries. In the Less Developed Asian Countries Government has not only to regulate economic activity but positively direct it by active participation for the fast development of the country. As for the difficulties, they exist and can be eliminated through co-operation between the administration and the people. As the country develops economic planning gets a stronghold and difficulties wear away.

The writer is a researcher
and columnist

Leave Your Comments

Latest News

More From Editorial

Go to Home Page »

Site Index The Asian Age