Delusioned...

We have so many different philosophies of managing the economy and its people.

1. American Capitalism:
It is a beautiful mechanism in which the richest of the rich and the poorest of the poor share the land. It is a place where the intelligent and gifted get all they want, but also manage that the poor have no chance of progress. They are stuck for life, but dont understand. You need money to go to school. You need lots of money to get treatement in a hospital. You need even more money to get into a decent college. And it is called "Land of Opportunities".

2. Soviet Capitalism:
What was designed to get rid of the rich and the powerful, became a tool for oppression in hands of the rich and the powerful. Only the faces changed. In the older system, the landed class ruled and oppressed. In the new system, the PARTY ruled and oppressed. And no everybody could get into the party. The decision lay with few and now they ruled and oppressed.

3. Chinese Pseudo-communism:
This is the biggest farce on the face of earth. Unprecedented prosperity has helped the chosen few to strengthen their hold over the poor. How much the poor suffer in this land is not known. How much the successful enjoy is portrayed out for the hungry media. This is the biggest PR exercise in the history of the nations. But I am sure of one thing, previous generation saw the rise and fall of Soviet Russia. Our generation will see the rise and fall of nationalist China.

4. Socialism:
Some successes in socialism with high "happiness" rates are used by some socialist as the proof of its success. But the point missed is that the so called success in these countries (France and Germany) invariably preceded a period of exploitation of some third world country and thus raising the standard of living. Some other countries (Sweden and Norway) successfully exploited the natural resources and used it for betterment of the sparsely populated country. Hence the only success of socialism is in places where already there is high per capita income.