This week in Economics Class Reflective Blog 9/5/13

This week in Economics class started with us taking a test.  I was triumphant in this with a 93% on my first test, not bad.  Anyway back to the topic; we mainly have been focusing on the different types of ways to run an economy and how they affect the countries that use these methods.  We learned about a man who lived in the 1800's named Karl Marx who was the famous writer of the books Das Kapital and the Communist Manifesto.  Marx inspired the governments of many countries mainly located in Eurasia to become communist.  Today we watched several videos about what daily life is/was like in the Former Soviet Union, Iran, North Korea and Cuba.  There are some major flaws in these countries' governments.  These governments all limit speech to the point that citizens were unable to even truthfully respond to the American reporter's questions.  In the Soviet Union the government decided what you be when you grow up from the time you eight years old.  This is unfair because it doesn't allow equal opportunity for citizens.  There is a problem with the concept of a government providing for all people.  Lets say there are two people who both have the same high paying job.  One person is a hard working individual who is a veteran and very skilled at what they do.  The other person is a slob who doesn't care and shows up to work late everyday and was lazy.  Should these two people both have the same high paying job just because the government feels they are obligated to?  Or would a capitalist based society that promotes an equal chance of success for all citizens and a higher competition for jobs run better?