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To: SeekAndFind

Capitalism is the free employment of capital resources in business and governmental affairs


8 posted on 01/16/2023 6:41:06 AM PST by bert ( (KWE. NP. N.C. +12) Juneteenth is inequality daythis piece is )
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To: bert

RE: Capitalism is the free employment of capital resources in business and governmental affairs

The question is “How free” should capitalism be? At what point does regulation become burdensome and anti-capitalistic?


10 posted on 01/16/2023 6:43:09 AM PST by SeekAndFind
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To: bert

Capitalism is the free employment of capital resources in business and governmental affairs


A big part of that is the right to accumulate capital and employ it as you choose, and not have to pay graft in order to get permission.

It’s what originally distinguished Western societies from Third World economies where businesses have to pay off politicians for permission to do business.

Falling away from that ideal is why the US economy is failing.


33 posted on 01/16/2023 8:13:33 AM PST by SauronOfMordor (The rot of all principle begins with a single compromise.)
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