Transitioning countries must take into account the costs of capitalism, because they will experience its as the great depression's and they experience its benefits.

Transitioning countries must take into account the costs of capitalism because they will experience its instabilities such as the Great Depression's through privatization and loss of political power before they experience its benefits. The transitioning countries have not had enough time and resources to establish social safety nets such as unemployment and social security o its citizens which is difficult for most people. Capitalism may be unstable especially in cases of transition as the poor, unemployed, and less productive members f society are ignored.

first representative government in british america called virginia assembly