Thursday, September 11, 2014
Nathalie Heidema, Chapter 1,Question 6
Merely the term "free market" symbolizes an important point- you are free to choose what kind of business you are going to set up, how you are going to produce goods or where you are going to ship them. Of course, it significantly depends on the supply and demand law, but it is capitalism that allows you to do whatever you want (legally of course) independently from the government. You can work and study whatever you want. Communistic regime plans your life so that you fit in their general development of economy. Therefore, I was mostly moved by the passages that talked about communism and their system of achieving a running economy. Living in a country where my grandparents and mother experienced this regime make me think about this a lot. For example, my grandfather was being to told to study technical high school so that he could be an electrician- something the communist pre-planned for him and millions of other people. He did it without being asked what he wants (he wanted to run a ski resort, what he eventually did and was followed by the communists). This system failed at last, fortunately, because a government is not capable of recording the demands of consumers and sending the right amount of goods to specific stores. Then I ask:"Who feeds Paris?"
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