Re: Bahria Town: Pakistan gated community sparks controversy
Capitalism works on the principle that there is a level playing field. That means there must be regulation. Even Adam Smith acknowledged this. Here there seems to be a case of capitalism gone wrong. Is the playing field actually level in this case? Ideally the only way to finding out is to do an investigation. Unfortunately, those who are tasked with regulating the system and preventing such corruption are themselves involved, Apparently. So all we are left with is speculation.
I wouldn’t say I’m jealousies. I would personally find it difficult to live in Pak owing to the degree of poverty. You really need to have some thick skin to live in such splendour when your neighbor is living in such squalor.
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Med911 - Communism = level playing field - all equal.
Capitalism = the best succeed the rest suck. The US is not an level playing field and they are proud of it. Anybody can do anything based on personal talent and will power. And Adam Smith was not supportive of government regulation. That is keyensian economics.
Seriously you will make up any bull****.