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GD Monday – ‘Capitalism has failed’ – Week 11

Mar 19, 2013 | 2 minutes |

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You can still use our last week’s GD on innovation and India here. You can go through all the topics in the series over here.. You can share your views on the topic in the comments section.. (All the comments/views in the discussion are being rated on a scale of 10 by our experts, along with an explanation) This week’s topic is an important question. With the economic crisis facing the world for the last 5 years and the extra0ordinary gap between the rich and the poor, a debate has ensued whether the largely accepted economic doctrine of capitalism has failed. The chief proponents of the philosophy like the United States and the United Kingdom are struggling to create jobs and the banking industry has copped a lot of flak. What do you think? Has capitalism failed? This is how it will work : 1) Users can post their arguments or views using their Twitter/Wordpress/OpenID accounts in the comments section below. 2) You can argue and counter-argue on the topic for the entire week. 3) The thread will be moderated by Team InsideIIM to ensure the discussion is kept relevant and is not abusive. 4) On Saturday, experts and industry professionals at InsideIIM (all ex-IIM,XLRI,ISB only) will rate each argument on the thread on the scale of 10 with some guidance. This cannot replace the experience of the actual GD but this exercise will surely help you shape your line of thought. While we may not be able to help you here with your delivery, we ensure that if you go through these next few weeks with us on this thread you will markedly improve your content. Hopefully, there will be more substance when you actually speak in a GD after going through this exercise.   You can go through all the topics in the series over here Highlights of the Union Budget are available here Our FREE Test Prep Library