Shall it be a socialistic government, or a democracy? Often it is not the type of government, but the decisions that are made that determine whether a country prospers. Good people making good decisions lifts a nation. Bad people making bad ones leads a nation down.
There are at least a half-dozen elements determining if you have a good or bad government:
1.) Pride of ownership and incentive to work. The capitalistic government offers these.
2.) The wiseness of decisions made, as discussed above.
3.) The amount of corruption that syphons off money. The pursuit of corruption can also distract the leaders from doing their governing.
4.) The distribution of money. Does the money go all to the wealthy, or does it reach the lower members of the society?
5.) Government expense. I hesitate on this one. I look at the huge deficit our nation has run up, and yet we have remained a prosperous nation. Still, I believe too much government can hinder prosperity. High taxes obviously take money from the people, and that reduces the prosperity of the populace.
6.) The righteousness of the leaders. They will be more inclined to make wise decisions, they will be more directed by the Lord, and they will influence the people to work and be industrious. They will also be mindful of the poor. In the words from the Bible, "Righteousness exalteth a nation." (Proverbs 14:34)
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