Tuesday, September 10, 2013

Chapter 1-Question 6-Dajanka



First of all I just need to write that I fell in love with that chapter (whole book) it was just so clearly and understandably written that I could not stop reading till I have finished it!

I have enjoyed a lot of passages in this book but excerpts that really stood out for me were  the one describing the contrast between communism and capitalism. For example the passage where he was talking about the ticket for Super Bowl and who gets them. It is quiet obvious that in the country that we live in people who goes to Super Bowl are the one that can afford it. On the other hand a simple "law" like this was never so simply understood in  communistic Russia. If a butcher received pork people who got it were not the ones necessary  being able to afford it but the ones who were first in line. Idea like this seems crazy to people who grew up in capitalistic countries but for me this topic is very personal and I actually  can imagine the situation very realistically (having parents who grew up in a economic system like that).
The passage with cigars is also very significant. In communistic countries there just was not any competition. People could choose from two kinds of yogurt and three kinds of bread. In every store they always had the same things and of course for the same price. Nowadays you can choose from 50 flavours of potato chips (here in US) and 20 flavours of root bear (not talking about 100 kinds of soda). Is it a good thing though? Yes! Good thing for economics but how the author sad market is not always moral. Having a lot of options often results into not being able to make decisions what certainly is not good (even for economics because the money need to flow).



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