Hurray! It is a long vacation this time. Seems like school days are back. Excited about going home. Together with friends and family. Long walks into the green fields. The early sunrise and lazy evenings. Home cooked food. No office calls. No internet. Lots of books to read. Family functions and festivals. Old streets and new houses. Old lanes and new markets. Old city and new people. Going summer and incoming winter. Comfortable chill and fading sunshine. Long philosphical chats. No sensex and no investments. Family picnics and beer nights. Old school building with new paint. No competition but collaboration. Helping out Mom. Discussion with Dad. Laughing out with cousins and aunts. Wide lanes and broken roads. Clean air and stress less sleep. Small rooms and big hearts. It is a long vacation this time.
I have discussed and debated at length about pros and cons of Socialism and Individualism with lots of people and have gained a lot from these conversations. I just want to summarize my views on these two contrasting systems. Individualism as a system emphasize on individual freedom, choice and reward over group laws and rules where as the socialism requires preference of social obligations over individual choice and freedom. Anyone can point out numerous flaws in both the systems in isolation but these two system can hardly survive of their own. It is the relative density of these two systems among cultures which decide its fate. We can observe various societies and nation states around the globe and conclude that political and social forces determine the density of either of the systems. Now the question arises what is a perfect mix for maximizing well being among all humans. If we increase individual or capitalistic pursuit we will have a free market society. This system will reward...
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