Loc: One of the Mexicos
Originally Posted By: Senator Hatrack
That "train wreck" has improved the world's standard of living. Look at what the world was like before 1776, when Adam Smith wrote The Wealth of Nations, to what is like now. Would anyone want to go back to living as people did then? No, the real "train wreck" is socialism. In socialist countries people lined up to buy bread. In capitalist countries there lines of bread to choose from.
I thought you said there never has been a true free-market Capitalism, yet you enthusiastically credit a non-existent thing with fantastic success using vague and extremely generalized examples. Can you explain, please?
“You never change things by fighting the existing reality. To change something, build a new model that makes the old model obsolete.” – R. Buckminster Fuller