India is doomed in any sense.
I see sustained growth in their tech sector. And their food, and manufacturing industries are exploding too.
third world means its not Europe Or communist russia, the term is meaningless today
I didn't get the memo. What has it been replaced with?
Japan and Germany are Social Democracies
Are they capitalist nations?
The debate is between Socialist and Capitalist, not shades in between.
So your earlier statement:The highest GDP per Capita countries and most stable economies are Social Democracies, not Capitalist states
is an unfair comparison, since we know that Japan and Germany are capitalist.
Also, the assertion that Social democracies is the way to go is a bit of a stretch. Greece is a social democracy. Everything worked great for a very long time. Eventually, the chicken came home to roost. Greece is bankrupt.
So while things may appear rosy at the moment for social democracies, sooner or later, the gig would be up.
as I already said. And the best products I've seen tend to be Japanese or Korean. And South Korea is a Social Democracy as well.
Depends on what products.
Pfizer is the biggest pharmaceutical research company. Its American.
Beoing is the largest airplane manufacturer. It's American.
The USA has more product patents than the rest of the world combined. http://www.uspto.gov/web/offices/ac/ido ... st_all.htm
The US has hands down, the best military innovation.
So, I vehemently disagree with you that expectations is higher under social democracies. Expectations is the drive to become something, as opposed to relying on the state. Since the government takes care of you with other people's money, why would you strive harder?
Income tax is highest under social democracies. http://en.wikipedia.org/wiki/File:Incom ... ountry.svg
Look at the massive taxation for social democracies. I can't imagine a day when I would have to give up 60% of my income to the tax man.
On top of all that confiscatory tax, they have VAT. This is a tax on top of sales tax.
In the US when you make a purchase, you pay ~8% sales tax, and you're done. Under social democracies, after the 8% sales tax, you pay another 25% VAT. Outrageous!
Then there are other ridiculous taxes like TV license, etc.
This is slavery to the State. And you cannot change it when you live in these countries.
Some may say in the USA we're slaves to corporations. The only difference is that you don't have to work for corporations. So you have a choice at independence.
Also, truancy is highest in these social democracies. US has the highest hours worked per capita among developed nations, while Norway the lowest. Norwegians call in sick more often. Good thing, bad thing? It's your call.
I also think morality is lowest under these social democracies. Exceptionally high rates of divorce. Lax drug laws, legalized prostitution, etc. This is because the state takes care of you with other people's money, irrespective of how much you contribute into the system.
But all that apart, Japan, S. Korea, etc are capitalist, not socialist. We can quibble over what is capitalist or not. But when all is said and done, any system that confiscates 80% of your income, is not my kind of system.
You realize that the more Capitalist a state the higher their Gini index, which is a measure of income inequality? You're basically supporting a system which has a lower overall economic strength and basically creates a permanent underclass and strips the middle class. You say you want one thing, and then support what is going to prevent it from ever happening
But what you're saying is not realistic. There are counter forces that see to it. Liberalism is the counter force in the US, for example.
Income inequality is subjective. If you're lazy, you won't do well in a capitalist system. That is why people aspire to be professionals right from childhood, so they won't have to struggle later in life. If you frizzle away your childhood, and later believe the state should pick up the tab for you, you have another thing coming.
If you currently work at McDonalds, you have many choices to better your life. If you refuse to pursue those choices, who is to blame?
Only if you mean "advance" in a material sense. The theory is that the means of production would be collectively owned, and each person would have an opportunity for "self-actualization." That is, they could fulfill themselves, intellectually and physically. Honestly this is the kind of "advancement" I'm most concerned with, but the capitalist system convinces us that money is the most important marker of advancement and success.
Not really. There's no such thing as "collectively owned". That just means "more government control".
When government controls your life, you're a slave to the state. In other words, your government tells you how far you can go. The higher you go, the more aggressive the taxation. Hence, few really strive to be all they can be.
But like I said before, it's a matter of choice. Some do like cookie-cutter systems with little fluctuations. While some people prefer the idea of being all you can be with least government intrusion.
Social Democracies let you advance however much you want, but you are basically required to contribute to the preservation of the society which made it possible for you get as wealthy as you are in the first place.
You're right. But these aren't socialist countries. I'm more concerned about socialist, than just Liberal countries. I still maintain that you go farther in capitalist systems. Under social democracies, your government literally starts to seize your incomes in the name of 'preservation of the society'.
In the end though, capitalism rules.
A liberal is someone who feels a great debt to his fellow man, a debt he proposes to pay off with your money.
A corporation’s primary goal is to make money. Government’s primary role is to take a big chunk of that money and give it to others.