Capitalism Con:
While the success of capitalism is based on this basic human instinct of self-promotion, the line dividing self-promotion from prevarication is thin. Capitalism ends up fostering success for those people who have a tendency to prevaricate and impose their self-interest: an ability that served us well as a specie when we were competing for food and resources in the wild but that could have catastrophic consequences now, given the level of complexity and interconnectedness of our societies.
<u>Short answer-</u>
Capitalism Con:
Prone to cronyism which blocks competition
<span>The Philippines is the only country in southeast asia that has a largely christian country. Freedom of religion and the separation of church and state is guaranteed by the constitution. In an effort to reduce tensions between Christians and Muslims in the southern islands and to answer Muslim autonomist demands, the government established an Office of Muslim Affairs in 1981 and allocated funds for Islamic legal training and for Muslim schools and cultural centers. Part of its role, as of 1999, involved coordinating the travel of pilgrims to Mecca, Saudi Arabia, and coordinating diplomatic ties with countries that have contributed to Mindanao's economic development and to the "peace process" with insurgent groups. The National Ecumenical Consultative Committee is a government-sponsored group that encourages interfaith dialogue. Certain Christian holidays are recognized as national holidays.</span>
I would say: <span>Tensions in the region remain high, though negotiations continue.</span>
When Germany experienced inflation, especially after World War I, prices for goods "<span>d. increased," dramatically, since this was in fact "hyper inflation," which is very severe. </span>
China lost the Sino-Japanese War.
