The attack on Capitalism is Unjustified

All it took is a decline in paper wealth for all those to unleash their attack machines on the merits of Capitalism claiming that other systems, namely Communism and Socialism, are far better for the livelihood of all mankind. However, a credible example of how these two systems might be more beneficial are never given. In socialist economies, you will always see those complaining of high income tax rates (reaching 59% in Denmark and 56% in Sweden) . Also, any shortcomings in the performance and efficiency of the a socialist government will have a tremendous negative effect on citizens. In Communist economic environments, people are most likely to be buried under mountains of bureaucracy, economic inefficiency, and the absence of personal motivation and aspiration.

Therefore, to attack capitalism because of a few bad weeks in comparison to many decades of growth is absured. Just look at Ireland, South Korea, Japan, USA, Australia, and Britain, then look at the Soveit Union (no wonder it vanished), Cuba, and North Korea.