Re: Danger time for America
Mouse, free market in the hands of smart and responsible economists and politicians is a completely different animal from the free market in the hands of filthy rich tycoons with political connections, who have de-facto monopolies which influence national priorities and actual living conditions. My take is that any system built solely on the pretext of profit, which enters all the layers of life, is a shoddy system. Pure capitalism or free market or whatever might result in strong economy and low inflation and low volatility and etc. etc. etc., but and it's a big but, it does not mean higher standard of life for the citizens.
Originally posted by Anonymouse
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