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To: liberallarry

Over 50 percent of American's are stock owners. C'mon Larry, join the system which has given American working class the highest living standard in the world. Its not perfect but its better than every other system.


18 posted on 12/17/2005 9:16:34 AM PST by sgtyork (jack murtha and the media -- unconditional surrender used to mean the enemy surrendered)
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To: sgtyork; new yorker 77
Over 50 percent of American's are stock owners... Second, Millions of people invest in the market..

True and good. But most people are tied to their jobs. Lose them and they loose everything. Very few are, or can be, or ever will be, true capitalists.

I'm not advocating the overthrow of the capitalist system. I recognize its strengths and the weaknesses of competing systems. But laissez faire had been criticized from the beginning by no less than Adam Smith. I stand with TR - regulation is necessary, limits must be set and observed. What kind? No ideology has yet been invented which can answer that question. It's all trial and error.

Globalization is threatening the the American working and middle-classes and environmental gains. I think liberals are right to criticize at least some of the Administrations responses to the threat.

24 posted on 12/17/2005 9:28:33 AM PST by liberallarry
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