Was Capitalism a smokescreen, or a magic carpet?

CKhalvashi

TruckerT wrote: »

It is undoubtably true that Capitalism was never a 'planned' economy, but just look at the state of it now!

TruckerT

This is the exact point; some countries haven't had the investment that's needed, and probably still won't for some time.

I've been lucky enough to live in the UK since 1991 (I was born in 1982) and whilst there's so much opportunity worldwide, there needs to be the investment in the countries to begin, rather than expecting a country to start from scratch with nothing.

My home country has got some large projects running; there are 2 factories working with a large UK supermarket in Kutaisi and Borjomi (and soon no.3 in Rustavi), and for the smokers out here, many of the cigarettes in the UK are produced in the above three cities, with Batumi, Tbilisi and Kakheti.

This proves that my home country has had large amounts of investment, however the main export of the country (wine) is barely available in the UK; we specially import it from our home country for the bar we own, meaning that it costs almost £14 a bottle, making it stupidly expensive! If I could get it in the shops, I would, as it's amazing and it would do the economy of the country severe amounts of good! (I've got an open bottle on the table as I write this!)

CK

TruckerT

A._Badger wrote: »

Economies are gigantic, complex, chaotic systems, neither comprehensible nor amenable to prediction or 'control' by politicians and bureaucrats

So why is your opinion worth more than mine?

TruckerT

antrobus

TruckerT wrote: »

It is undoubtably true that Capitalism was never a 'planned' economy, but just look at the state of it now!

TruckerT

Just look at the state of the Soviet Union's planned economy!!