Free Market-Capitalism or State-Owned Enterprise. Which is best?

Posted by: jrr8808

  • Free Market-Capitalism

  • State-Owned Enterprise

79% 15 votes
21% 4 votes
  • Some state-owned corporations are still needed though.

  • A mix would be better though.

  • This one has at least some chance for government intervention, unlike anachro capitalism. However this form is not ideal as it is unstable and ultimately concentrates wealth in the hands of a few, hurting the economy. But at least its a little better than state owned corporations.

  • I choose Free Market Capitalism! I'm talking about TRUE Free Market Capitalism without government regulations creating centralization and monopolies everywhere.

  • I choose State Owned because of how America is no longer truly a Free Market. Corporations corner the market as well as influence it in their favor. The top 1% account for %20 of all new GDP, I believe that the government needs to regulate this gap of inequality and funnel it's funds back into programs that will better our lives and not their wallets. The rich are only powerful though their employees which if without would have no chance of success.

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Diqiucun_Cunmin says2015-08-09T16:35:44.4208415Z
Both are needed.
triangle.128k says2015-08-09T16:44:54.1995657Z
Why's there a China flag on state-owned enterprise, don't they have many private corporations?
jrr8808 says2015-08-09T16:48:45.1590462Z
Not as many and there still largely controlled more by the state than what they are in the US. Free market more so than state owned but yes there is a need for both.
triangle.128k says2015-08-09T16:50:54.1167835Z
@jrr8808 I'm pretty sure that most chinese corporations are privately-owned, they started embracing capitalist ideals several decades ago.
jrr8808 says2015-08-09T16:55:34.3725800Z
Now, it's true that in some sectors state enterprises are still the major players in China. In tobacco manufacture, electric-power generation and oil extraction, for example, state companies' share of output exceeds 90 percent. But in many other industries, from general-purpose machinery to paper and plastics, the state share is less than 15 percent. As for services, state companies still dominate telecommunications, financial services and transportation, but more than four-fifths of retailers, accounting for about half of retail sales, are privately controlled.
jrr8808 says2015-08-09T17:08:37.2635985Z
The other half state controlled.
Roodvlees says2015-08-09T21:38:46.7503048Z
You need the good parts of both, btw China is very capitalistic in practice. The problem with capitalism is that competition is expensive. So companies naturally try to reduce it, this is why you need government to manage the market and make sure it stays competitive. Consumers don't have the power or knowledge to do it.
Diqiucun_Cunmin says2015-08-10T00:40:00.7527789Z
@triangle: Not really. Some private corporations have been set up, but state-owned enterprises (albeit ones operating on market principles) remain dominant in most fields. The government closely regulates and monitors private enterprises, so China isn't exactly the best place for them to develop.

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