No one can predict a natural disaster or world crisis. When a hurricane or flood or a pandemic strikes a country, who
is most likely to respond first? Which economic system is the best solution to handling a crisis of epic proportion?
The free market system is more likely to respond faster to war or natural disasters because
compared to monolithic,socialistic,dictatorial, or communistic systems that are more
inefficient,corrupt,unrealistic,apathetic, and more financially poor ,; free market systems are
more robust, creative, pro active,enthusiastic, efficient,less hindered by red tape compared to
market systems overlly−controlled by "know it all" governments. For instance,during
Katrina, The unfettered adaptability of the free market system allowed private companies like
WALMART,HOMEDEPOT,FORD,PHARMACEUTICAL COMPANIES and thousands of
individual donors to give more than a hundred million dollars ,tons of supplies,and also give
hundreds of hours of personal time as volunteers to deal with the hurricane's aftermath in record
What advantages might a socialist system have in responding to the needs of people struck by an emergency
situation like the earthquake that occurred in Haiti in January, 2010?
Compared to the free market system in the US wherein there are fewer safety nets because of
cost consideration and traditional expectation of more personal responsibility, socialism
worldwide is very "poor" friendly .Socialism responds to the basic needs of the poor because