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To: Intolerant in NJ
"the US had a near monopoly on the capital and means of production..."

That's not true at all! In fact, the majority of capital that was invested in the US came from Europe, where legislation was already choking off economic grgowth and opportunity. America's strong laissez-faire system at the time was a vacuum cleaner for capital and production was increasing at exponential rates due to a fully free labor market, among other things.

If we want to re-attract global capital, let us remove the regulation that is holding us back. - Let us repeal all corporate taxes!

- Let us repeal all corporate subsidies that protect big business and stifle competition from up-and-comers!

- Let us implement tax-free health savings accounts while removing the tax break for companies to provide it, allowing workers to freely change jobs!

- Let us implement nationwide right-to-work laws!

12 posted on 12/10/2004 9:41:17 PM PST by Remember_Salamis (Freedom is Not Free)
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To: Remember_Salamis
America's strong laissez-faire system at the time was a vacuum cleaner for capital and production was increasing at exponential rates...I thought that's what I was talking about - whatever the source, capital was being concentrated here and the expanding production which it both attracted and supported allowed labor to take advantage and establish wage and work standards which are no longer sustainable.....
13 posted on 12/10/2004 9:54:17 PM PST by Intolerant in NJ
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