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The Disadvantages Of Communism In The United States

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If the only determinant for the growth of the economic duty of the nation is capital-labor ratio then it would be easy. A government controlled by a great and wise mind about economy would be a big advantages.
The truth is that social systems matter for the economic growth makes the problem of the underdevelopment far more complicated situation. It also means that the non-economic variables impinge on economic performance.
A Social System that will fail
The kind of governance that will surely fail is the communism. Communism is a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs. Ralph Peters, a retired lieutenant colonel formerly with the U.S Army Intelligence,discern seven failure factors of having a poor performance being communism.
• The lack of information from the government.
• No freedom for the women

• Restrictions on the free flow of information.
• The subjugation of women.
• Inability to accept responsibility for individual or collective failure.
• The …show more content…
3. Education.
Economists are convinced that education helps to promote growth. However, this does not mean that all economists support public schools. Many economists believe that the government should provide vouchers and let parents choose schools. This would make it easier for weaker schools to fail and encourage innovative improvements in education.
4. Anti-trust policy
A monopoly will tend to resist innovation. However, economists disagree about whether particular firms are harmful monopolists. There were prominent economists on both sides of the Microsoft anti-trust case, in which one of the key questions is whether or not Microsoft's actions will discourage innovation in the

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