Mixed Captalist is for developed countries and socialist is going to kill an individual with big dreams I think mixed balance them if there is good government

Basically, Both Capitalism and Socialism are good based on lifestyle of the citizen. For example, Western Countries citizen are economically Industrialist and lives individuals life than the common. Their governments are economically independent which means that their countries have higher GDP so the lower class would not be affected that much. And Eastern and 3rd world citizens are peasant, and lives common lifestyle and strong bonded social life which means they give much value to something in common than individuality. So, such type of countries goes better with socialism but it would be obstacle for wealthy ppl to work whatever they want. And also for another purposes, Mixed economic system are preferable for most of African countries. The real #Politics question I have seen in this group.👏👏👏

We are lived for thousands of years in glory, shouldn't you think we should create our own economic system

I think we have experienced some of them in a way. And they have their own merits and demerits. I think there should be a deep study on the pyschology of our society before practsing one. Whatever system we practsise It has to be modified to fit us not just directly adopting some ideology out there. We have paid the price for doing that.

When it comes to theory socialist is the best one, but as we expreienced in our country and as we have seen in different countries it is no good, it will limit the capacity to invent and start new things, I would go with capitalism.

We would be Great Like Chinese pipa

Free market (capitalism) is way better than any system. It creates jobs, encourages entrepreneurs and lets people live the way the want. One myth I hear regarding capitalism is the US 1% myth. Amazingly, the 1% myth is not directly related to free market, rather it's about partisan decision, unnecessary regulations, and leftist leaders. Another myth is about Scandinavian countries being social democrats. This is also false. Do you know that they don't even have minimum wage salary? Do you know that their corporate tax is lower than the capitalist US? Their education and healthcare is not even free. It's because they collect huge taxes. I'd classify them as capitalist welfare states.

ሁሉንም ሞክረነዋል አላዋጣንም በትግበራ ችግር ወይም በህዝቡ የንቃት መጠን እጥረት ምክንያት ስለዚህ አንድ የተሻለ የምለው ሶሻል ዲሞክራት የሆነውን ብንሞክረው ጥሩ ነው የራሳችንን ቅርፅ እስክናገኝ ድረስ ለማገገም ይረዳናል

Social democracy economies like Canada and Scandinavia