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For poorer sections of society, a state controlled economy is better than a liberalized economy

Favour

  • China is biggest example of success of state controlled economy.
  • In liberal economies richer become richer and poorer are getting poorer.
  • A state controlled economy will result in proper flow of benefits towards rural masses.
  • State has control over the production and the markets helping poorer sections to avail benefits which they otherwise would have been deprived of.

Against

  • State controlled economies are big problem in path of growing business in country which will surely affect country's growth; eventually affects poor population.
  • Russia is biggest example of failure of state controlled economy.
  • The communist countries are bright example of state controlled economies do not result in uplifting poor.
  • As history stands a proof that, state controlled economies have higher rates of corruption and mismanagement.
  • A liberal economy with sound regulatory framework will ensure employment and a healthy economy.

Conclusion

  • State controlled economy has benefits but evidences from history tell us that state controlled economy is big failure.

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Points added by members


Added by: ramesh



Point: i support state controlled economy is better in my thinking as it will lead to better circulation of wealth to all sections of the scoiety as the state has a direct control over all the regional affairs be it trade,services or manufacturing.



Date: 2013-01-24 07:00:55

Added by: john cena



Point: point: a state controlled economy would be a biased sort of method where a particular region is favoured not looking into the bigger picture of the country. it would create an utter chaos if different regions follow their own policies.a one nation liberalized economy would bring uniformity and transparency in economic reforms to be carried out.



Date: 2012-10-31 18:15:19

Added by: john cena



Point: point: a state controlled economy would be a biased sort of method where a particular region is favoured not looking into the bigger picture of the country. it would create an utter chaos if different regions follow their own policies.a one nation liberalized economy would bring uniformity and transparency in economic reforms to be carried out.



Date: 2012-10-31 18:15:14

Added by: sushma



Point: For the poorer sections of society, a state controlled economy is better than a liberalized economy



Date: 2012-07-03 12:26:32

Added by: akash mahajan



Point: state controll economy create ristriction on the devolement of economy of country



Date: 2012-05-13 22:37:13

Added by: ARVIND KUMAR



Point: A state controlled economy always signify a totalitarian situation where open ideas are not welcomed.Liberalisation doesn't mean failure.best ex is India.liberalisation in telecom sector during 90's even in poorer state than today,was a daring as well as worthy decision It brought us today on 2nd position in telecom sector.Thus, a regulated liberalised economy is the best option.



Date: 2012-04-02 07:34:25

Added by: Neha Agrawal



Point: in india state controlled economy is a better option since most of the problems arise due to the differences between the state and central government.



Date: 2012-02-28 02:40:04

Added by: Ankita Sharma



Point: Liberalisation is the talk of the day in effect with the globalisation trend, so go wend it.



Date: 2010-08-20 18:04:52

Added by: rohit walia



Point: evidences from history is that state controlled economy is big failure.



Date: 2010-05-22 20:47:42

Added by: sonali deshmukh



Point: So states should adopt an economy which strikes a balance between both liberal and controlled economies for better development.



Date: 2010-01-02 10:27:51