Is democratic capitalism as efficient as it sounds or has it been wrongly projected and squeezed in to our systems by western countries like U.S.A?.
Capitalism is a rat race, it might look like it's more efficient, as competition among individuals means better ideas, better leadership, but it also means chaos, because when a company or an individual becomes a lead player in a particular segment, he had to probably topple down some other player who was already on top. This gives rise to a vicious cycle where stability and peace can never be reached. Luxury, dominance and power are the trade marks of a capitalistic society, all these can never be attained unless you are ready to climb over other people.
While countries like cuba which had a communist system may seem to lag behind in various aspects , they are well developed in healthcare, they provide food to everyone, provide them education,
If they become a socialist economy now i.e allow more private investment, but still hold the sectors like education, health, and nutrition with the government, and provide it for all it's people, it can surpass any country, they can actually be happy, peaceful and stable. But then if they decide to dive in to captalistic economy then they might see a shift in distribution of wealth, and be left with massive inequality.
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