http://www.xml-sitemaps.com/download/neneng-tarigan.blogspot.com/sitemap.xml

FREE TRANSLATION INTO 53 LANGUAGES

THIS IS HOW TO TRANSLATE

1. Please copy the topic or the contents that you prefer to be translated to.

2. Select the language. (53 languages of your choice are available in the right column of this website).

3. Enter and wait until the translation finish.


This service is fully supported by:

http://www.thefreedictionary.com/

WARNINGS

This is a personal and a non profit website, however, I respect originality and works against piracy or plagiarism. In the case, readers quoted some thought or writings from this website, please mention the sources or the authors name to respect their innovation and creativity. Thank you.

Some pictures here were taken from other owners or sources but already published publicly through www.google.com as this blog main sources.

FORUM BEBAS/FREE FORUM

Berastagi, Tanah Karo, Sumatra, Indonesia

Berastagi, Tanah Karo, Sumatra, Indonesia

Like Box

Ada kesalahan di dalam gadget ini

KOMODO THE LIVING DINOSAUR

KOMODO THE LIVING DINOSAUR

KOMODO ISLAND AS ONE OF THE WORLD NEW 7 WONDERS

KOMODO ISLAND IS THE ONLY PLACE IN THE WORLD WHERE PEOPLE CAN SEE AND PLAY WITH THE LIVING DRAGONS, THE REMNANTS OF THE LIVING DINOSAURS.

WHILE VISITING KOMODO ISLAND YOU ARE STRONGLY REQUIRED NOT TO HUNT, TO POSSES OR THE WORST IS TO KILL THESE CREATURES, SO THAT YOU CAN HELP THE SUSTAINABLE EXISTENCE OF THESE "LIVING DINOSAURS" AS ONE OF THE WORLD NEW 7 WONDERS, YOU CAN ALSO SAVE THE NATURE AND SUPPORT THE LIFE OF THE LOCAL PEOPLE WHO ARE LIVING IN THE ISLAND.

FOR MORE INFORMATION PLEASE ALSO CHECK THE FOLLOWING LINK http://www.new7wonders.com/



GET YOUR FREE TRAFFIC

free web site traffic and promotion

Kamis, 30 Desember 2010

IS CAPITALISM GIVES MORE FREEDOM AND MORE PROSPERITY?

Before answering this question, I would like to direct you to the arguments made by Tom Dunnington in his article about: “ A Case for Capitalism: More Freedom, More Prosperity” published on December 21, 2010 in his web entitled:

Although the Adam Smith and Milton Friedman theories about free market capitalism against John Maynard Keynes theory about the right of government to interfere is an ever lasting arguments between economists around the globe, the question still tickling my curiosity of whether there is pure capitalism or pure Keynesian valid in the advance economies today.

My argument is; I strongly believe that there should be a combination of Adam Smith/Milton Friedman theories and John Maynard Keynes theory in some circumstances, as today, government intervention is necessary to cope with current global economic situation. Even for Republican party, I am sure during Bush administration he also would interfere with the case of financial institutions like Lehman brothers etc. So no pure market liberalism or capitalism could fit with any particular country neither Keynes theory as well.

Interestingly, the author of “ A Case for Capitalism: More Freedom, More Prosperity” Tom Dunnington has firmly believe that Capitalism is the only answer to revive the US economic turbulence today as I fully quoted to his arguments as the following:

Neneng. I have to disagree with you on two points. One, I'm not a Republican, even though I do tend to lean in that direction, I am not registered with that party and consider myself a Libertarian. If the Democrats believed in smaller government, limited spending , reducing the debt and tax burden, and remained within the bounds dictated by the Constitution I would be for them. Yes, it's true that Bush raised the debt during his presidency and many others before him did as well, but America is very close to the breaking point. Personally, I believe Lehman Bros. should have been allowed to collapse, along with GM, AIG and everyone else. Bailing them out did not force them to fix the problems that brought them to that point. In fact, they are beginning to repeat them. From the ashes of those broken companies, new and better businesses would have been built. Companies that would have learned from the mistakes of the past. Second, I don't believe that true free-market capitalism has been tried on a global scale. I don't think that it will be either. As governments grow bigger, they demand more and more control and input into society. The growth of the nanny state is inevitable, look at Europe. The countries there are forced to cut the "benefits" that they have been bribing the people with and they go nuts. Greeks are rioting in the streets, along with Italians and the French. They expect to be taken care of and they are not willing, or at this point able, to take care of themselves. And now the countries are broke. America has always been the bastion of economic growth and innovation. People didn't flock here from all over the world because we handed out better benefits. They came here because of the opportunity that America offered. The opportunity to chase your own dreams and punch your own ticket. It has, unfortunately, been lost. Americans are turning into Europeans. Don't want to work and take the risk, they want to be taken care of. The immigrants still understand and see what we have taken for granted. We need to get back to our roots and become that shining beacon to the world again. We can't do it with an over-reaching, bloated, and intrusive government.
Thanks again! I look forward to spirited debate, and I will admit, I am still learning.”

I really respect his brilliant respond though deep in my heart I still believe that mix economy that is open market with government intervention in some circumvention would still be an appropriate answer to cope with the economic crisis either in Europe or the U S today.

Like Tom Dunnington, I wish our readers could respond and share their esteemed knowledge to these arguments.
You can leave the answer here or directly to Tom's link, the author of “ A Case for Capitalism: More Freedom, More Prosperity”. Thank you.

0 comments:

Poskan Komentar

Ada kesalahan di dalam gadget ini

Mini Forex

CNN

FRIENDSHIP QUOTES

TV ONLINE

Word of the Day

Quote of the Day

Article of the Day

This Day in History

Today's Birthday

In the News

Ada kesalahan di dalam gadget ini

FROM 28 NATIONALITIES

FROM 28 NATIONALITIES

UNTUK INDONESIA TERCINTA

FORUM BEBAS/FREE FORUM

THE WUHAN GROUP

THE WUHAN GROUP

Free Online Seo Service

BANDWIDTH SPEED TEST

Ada kesalahan di dalam gadget ini

DAILY HOROSCOPE


NUMBER OF VISITORS