The Economy Comparing With Socialism and Capitalism Country by Economics Download PDF

Journal Name : SunText Review of Economics & Business

DOI : 10.51737/2766-4775.2021.S1.108

Article Type : Research Article

Authors : Run Xu

Keywords : Economy; Comparing; Socialism; Capitalism; Economics

Abstract

The comparing economy between socialism and capitalism is significant now so that this paper can introduce the distinction through economics. Through medical and import and export the distinction can be analyzed in details besides the capitalism status and find the advantage in these three respects. The capitalism crisis has been transformed to financial one to interrupt the economic development. Not to be affected the crisis China wields the plan for future five years in order to be on the right track. The advantage can happen to socialism like China with Marxism economic theory and Chinese socialism with characteristic economy.


Introduction

Capitalism crisis happens every decade that may effect on the world economy so what we do is the transparency to its nature. Now the financial crisis replaces the economy one to become one highlight. This paper will narrate the intrinsic relationship to it and find a way to correspond this phenomena rapidly. Through medical reformation? import &export and capitalism nature it is narrated in details to prove the distinction between socialism and capitalism [1-3]. In 2008 financial crisis is the latest one the world economy meets the depressive situation. However China socialism has not been affected since the struction is not the absolute market regulation but a main one under government control. The advantage in socialism has been exhibited, on the other side it exceeds the capitalism country in economy then. Socialism continues to develop their economic situation regardless of this situation. In terms of the long plan they play their role in order to keep world economy development. They have exceeded capitalism country to become the largest economic community. In this paper the detail situation is narrated to express the development in these two systems and find the advantage in them. That has been under the long plan to assist main market with government and corporation in socialism to compare with capitalism country. It will be discussed in detail as below.


Discussions

Medical reform

Health reform cannot be done all at once. It will take time for it to be completely reformed. First, the urgent need to change, such as medical treatment costs, drug prices, examination costs and other unnecessary to reduce the use of less cannot reimburse patients to bear economic costs. As for surgical materials and costs, which are the basis for hospitals to make a profit, long-term reform is needed. Minor illness exaggerates, at every turn take nuclear magnetic resonance, its cost amounts to thousands of dollars. Even hospitalization, which is acceptable for people in state enterprises and public institutions, is required for employees of private enterprises or small shops to contribute a certain amount of health insurance or pension. If you don't have health insurance, you have to pay for big expenses like hospitalization, which can be a big economic burden. Locals who are eligible for social insurance also have to negotiate over large expenses such as hospitalization. Or simply give the employee a certain amount of medical supplies to buy the appropriate medicine. Because it is formed over a long period of time, it cannot be completely solved in a short period of time. For example, large medical expenses are equipment bought at a high price by hospitals, which need to quickly recover money and also solve the medical expenses brought by the large number of doctors. It is economic times especially now, it is living condition with money, hospitalization fee is little one cent is not good. Someone came to the hospital gate and fainted, but no doctors or nurses took the initiative to bring him in for treatment, and eventually died. Because if the patient dies because of delay, there are lawsuits and costly compensation. Doctors are now compared on a commission basis. Hospitals charge patients with expensive operations and drugs, and when they are short of money, they have to borrow money. This is caused by the commission competition among doctors. Sanctions should be given to doctors who do too much to keep up with the Jobbies, so that commissions are out of the question. On the other hand, it is also caused by the drug companies' over-emphasis on commission. The drug companies should control the price of drugs and not charge them too much. The commission given to hospitals should be strictly banned. Doctor’s benefit in both directions, forming a vicious circle, the snowball gets bigger and bigger, to the end, it is hard to control. It's easy to fall in but hard to get out. Some patients or family members assassinate doctors. There are laws against such retaliation. There are laws against violence against doctors. Wang Jun, a doctor at Shaodong County People's Hospital in Hunan Province, died after being beaten and seriously injured by a patient's family member. Since May, Guangdong, Chongqing, Jiangxi and other places have witnessed a number of cases of violent injuries to doctors. Although the perpetrator was strongly condemned and severely punished by the law, the rage, like a thick haze, enveloped the doctor's heart. From People's Daily Online on May 20, 2016 >.So we must grasp from the beginning, nip in the bud, in order to effectively control up.


On exports and imports

Items sent to foreign countries can now be delivered through international express companies such as EMS. But the price is expensive about ten times the domestic price, such a high cost can only be used occasionally. There are also overseas Chinese to buy goods in taobao.com, do not know how the price? And what about SF Express? These overseas Chinese are unable to buy domestic goods because the freight is too expensive. How to make the express freight rate down is the problem that needs to be considered in the future. I heard that SF only do domestic orders, namely from abroad to buy the line. We can only buy, but not sell. Why is it that Amazon can deliver the goods, but we can't even deliver the goods, and we don't get a share of the profits? Isn’t that silly? Express is staring at our customers, not staring at the goods. If the goods are shipped to Southeast Asia, do we have to pay the higher charge? You can have them shipped by air, which is slower but cheaper. Is our country restricting exports? Or higher taxes? This abnormal phenomenon is beyond comprehension! It may also be that the big express delivery company's freight rates are not low. Are orders abroad monopolized by big companies? Or too small to scale, making it difficult for private companies like SF Express that own planes to break into foreign markets. Can't our health care products even reach the Middle East and Africa? The bottom line is that our prices for these products are high. Appropriately lower the price to sell to the need of the place, but also can obtain a certain profit, why the international price to unify the planning. Give the price flexibility to sell more. If we can sell a few hundred orders, we can solve the survival problem of 50 online businesses. Why aren't our products selling? The state does not provide financial incentives for small numbers. But year after year shout surplus. It is quantitative support for small and micro-enterprises that should be encouraged. Start accommodating them now. Don't just blow, punish at the drop of a hat. For the profit of large companies, they do not manage, the eye flatter. I just want to make money for myself.


Capitalism

Capitalism is the system by which the bourgeoisie exploits the toiling masses. Class conflict is inevitable because the private ownership of the means of production. The bourgeoisie has absolute capital and profits; the working class is merely the employed and enjoys only the cost of labour, that is, wages. There is no corresponding increase in wages due to increase in size or due to increase in price or quantity. This immobilization of income causes workers to become tired and passive, leaving production and trade as a whole in a state of passivity and exhaustion. The bourgeoisie, on the other hand, reaps the greatest profits, and is hard to pull out of what is really called joy and happiness. Large consumer goods and training costs rise without hesitation. Although they had made large profits for several years, he refused to accept it, believing that he had paid for the danger and would have to get all the profits. Then find the lean times and cut or penalize employees to wipe out the big profits in the early years. Did they fail to invest those profits in high investments such as real estate? Or is the high cost used in the cost of property? The former is unknown, but the latter is. Put ten thousand dollars into the monthly payment on the new house. Is that our common asset? An income of nearly $60,000 in January can reach $600,000 in a year, and $300,000 after deducting the principal. In a few years it can be more than a million. Three hundred thousand is left for wages and room. Are they all used for children's education? Did you spend it on business? Or spend too much on food? The blind production and sale of capitalism inevitably leads to excessive quantity of goods, which accumulates to a certain extent leading to periodic overcapacity and unsaleable economic crisis. A large amount of inventory is disposed of or even destroyed at a low price. The excess quantity of goods makes the market demand very little. Prices need to be adjusted. Lower prices will deprive capitalists of even their costs. The large number of products makes them have negative profits. Then, when consumers' consumption level reaches the maximum value, the price will slowly rise along with the gradual reduction of the quantity of goods, leaving the crisis. This makes the capitalist purse appear negative growth, even a lot of money. Production during this period was almost nil, and wages had to be paid to sustain life. This kind of myopic production and market law is not consistent with the direct cause of excess goods. It does not carefully investigate the market demand and blindly seeks the most quantity, risky mass production and was eliminated by the law of the market. Some large state-owned enterprises have a doctor of philosophy in the study of macro market demand, and economists and accountants in the recent period of demand research. In this way, the enterprise will develop stably within the reasonable scope, avoiding the action that violates the economic law, so that the enterprise is still stable under the turbulent law to tide over the difficulties. After the economic crisis of the late 1990s, and during the latest economic crisis, South Korea's economy has never been out of crisis, or even crippled. This has shown that its economic level has reached the peak and it is unable to continue to advance, so it began to research military equipment, in order to resist North Korea, away from the United States interference, to achieve independence, has reached the purpose of a negotiated solution to reunification. Otherwise, China's growing economic power will work against it.It must get rid of the unfavourable situation that has won it the bargaining chips for a negotiated settlement with North Korea. Severe interference in the deployment of THAAD, withdrawal of US troops from the DPRK, and independent negotiation is the main reason. Let North and South Korea in the six-party talks under the framework of national reunification. Capitalism will masquerade as state capitalism, a form of so-called state intervention. But this is only a disguise, its essence of exploitation and possession of others has not changed, and the state only serves the interests of a few bourgeoisie. So we should see its essence, not be fooled by its tricks, to see the essence. Until there is no fundamental change in the private ownership of the means of production, it is still unapologetically capitalist. Imperialism is a highly monopolistic form of capitalism, and its nature remains monopolistic capitalism, so there is no need to fear it. It has become the black sheep of capitalism, the upper class of capitalism. It has been marginalized by other capitalist countries and is only a paper tiger. This was demonstrated in World War II and the subsequent struggles. The actions of Germany and Japan were militaristic or imperialist wars to monopolize the world economy through war. On the one hand, it is resisted by the victimized countries, on the other hand, it is also opposed by other capitalist countries. He wanted to control world commodity prices. He wanted to be the mouthpiece of monopoly corporations. It is also affected by a huge economic crisis, which it wants to transfer to neighbouring countries to relieve the pressure on it. It also wants to extract money from the Victim State and provide it with weapons to wage war. Militarism may gain short-term gains, but the separation of the masses makes it a rat in the street. Its actions have been boycotted by patriots around the world, and will go to the cemetery. The United States and the Soviet Union, on the other hand, became rich through World War II and became the superpower for a time, dominating the development of the world. Their purpose in doing so is to cover up their monopoly and control the world's wealth. They also ended up with the collapse of the Soviet Union and the United States' nuclear Arsenal as the world's policeman.


Conclusions

 Overview, the distinction of socialism like China and capitalism can be expressed that is structure problem. Capitalism country has not regulated the economy with free market, like financial crisis in 2008. However the former can make plan to define the future task in economy, like next five years economy plan. Through medical reformation & import and export it has been explained that it is proceeding towards positive energy. These two are important factors to our economy situation so that we should improve further in future. This study mentions the three respects to prove the distinction between them and proves that the advantage in socialism country has been to compare with capitalism country in the end.