Capitalism is the most democratic financial system there is in this world. Do not confuse monopolies, corporatism, and government interference in the free market with capitalism. There is a reason it is called a FREE market system.
What we practice in the USA currently is not pure capitalism and it has gotten worse. Our current government imposes huge financial burdens on our economy in the form of health-care laws and environmental regulations and then exempts crony corporations like GE and big Unions from those regulations while the rest of us are forced to pay for these boondoggles.
No, by no means. In fact, the two go hand in hand. If we had a government which took all of the peoples money and redistributed it on an equal share basis, we would no longer have capitalism and we would not longer have democracy. Capitalism thrives in a free market system and Democracy is really the only form of government which offers any that near a free market approach. Therefore, the two are wed as one. WB
I think Reagan summed this question up quite well with.........“All systems are capitalist. It's just a matter of who owns and controls the capital -- ancient king, dictator, or private individual. We should properly be looking at the contrast between a free market system where individuals have the right to live like kings if they have the ability to earn that right and government control of the market system such as we find today in socialist nations.”
by Kathryn L Hill4 years ago
Some say that capitalism pretty much causes *hell on earth*. How could we bring about *heaven on earth*, instead?
by loua5 years ago
Does Capitalism Breed Greed?Selfishness is in the eye of the beholder that greed festers and blurs the vision of one's wisdom... With clear sight one may see their sacred gift of intuitiveness. The wisdom to formulate...
by Matt Clooney6 years ago
Will we see the end of capitalism?
by Goodpal5 years ago
Is Capitalism Same as Consumerism?If one looks at American capitalism, it appears to mean: Produce more and consume more, and keep doing it year after year. How long can the world's resources support such a lifestyle?
by Jack Lee10 months ago
It is a question that baffles me.You would think people who became a huge success in our capitalism system would embrace it and try to promote it. Yet, again and again, we see these folks adopt a liberal and progressive...
by Ralph Deeds4 years ago
Economists Agree: Solutions Are ElusiveBy EDUARDO PORTERPublished: April 23, 2013 "Last week the International Monetary Fund hosted a conference of some of the world’s top macroeconomists to assess...
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