Monday, November 14, 2011

Economic system

I think the current economic system that we have today works pretty well but there can be some downsides to capitalism like great instability. For example during the 1930's when we were in the great depression and didn't get out of it for 10 years. I think we should try and modify the current system we have because we're going through another economic crisis and it's being compared to the great depression. If we were able to modifiy the current system we had I think it would solve the promblems that we we have with the wealth gap and the great instability that capitalism can have. I think we should try and make a new system that is inbetween communism and capitalism.

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