I have watched the movie: “Zeitgeist: Addendum”, which is very interesting and makes me think whether capitalism is really better than socialism or not. We can watch this movie for free on this site: http://www.zeitgeistmovie.com/index.html
First of all, let me give a summary of the movie: “Zeitgeist: Addendum” [1]. This movie consists of four parts. In the part 1, the Federal Reserve, the central bank of the
I think this movie says good things but offers false solutions. I had misunderstood the monetary system for a long time until I watched this movie. As shown in this movie, almost all people don’t understand how money is created and how the politics truly affects society. Thus I want a lot of people to know that the monetary system perpetrated by the Federal Reserve, which has spread in practice to the great majority of banks in the world is, in fact, a system of modern slavery.
In addition, another important thing is the role of economic hit men. We should know the fact that developing countries have been exploited by economic hit men, CIA, IMF, the World Bank, and large corporations which conspire with them. These points are a bad face of capitalism. However, this movie offers false solutions because they are too ideal to come true. I want to discuss this point in detail another time.
Anyway, what I want to discuss is the corrupt capitalist system. A lot of people are conscious that something is very wrong. Then, let’s discuss socialism and take Soviet economy for example. According to this blog [2], we can realize that planned economy is not always inefficient use of resources, although the idea that Soviet economy was no good is so wide-spread. Especially, I was so surprised to know the fact that the GDP growth rate in
A lot of people think that socialism aims to realize utopia but in fact brought about autocracy, a terrible massacre of people, low level of life, and so on. That’s why many people think that socialism is absolutely wrong and capitalism is better.
However, we will recognize good points of socialism once we understand the corrupt capitalism system. True, I don’t think socialism is perfect system. But we should discuss novel economic system by knowing good points of socialism or Soviet economy more and bad points of capitalist economy.
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