Of course,but the monopolies are so powerful now they control the political system
I wouldn’t say government subsidies and taxes are part of capitalism. They are contrary to free markets, and I wouldn’t call our nation completely capitalist, especially now.
The excess greed brought about by certain lack of immoralities allowed in Capitalism breed people with the power to corrupt government in their favor.
from what I have heard of Rerum Novarum, it is not totally against capitalism.
Nor am I per se. I am against what Capitalism becomes when it becomes a self centered sort of cult that allows mass wealth and power in the hands of evil people for love of money and control.
Have you read the book from Thomas E. Woods?
No, but i will add it to my list,thank you for recommending it
I wish you a Blessed Evening!
“certain lack of immoralities allowed in Capitalism breed people with the power to corrupt government in their favor.”
What are these immoralities allowed in Capitalism?
“I am against what Capitalism becomes when it becomes a self centered sort of cult that allows mass wealth and power in the hands of evil people for love of money and control.”
Are you saying Capitalism causes people to become too materialistic? If so, aren’t people materialistic in every economic system? Because Capitalism causes virtually everyone to eventually be wealthy, wouldn’t people in a capitalist society be less focused on wealth than people who have to constantly worry about trying to get by?
“No, but i will add it to my list,thank you for recommending it”
I have to warn you that I have not read it and am not sure if it is any good. I was just wondering if you thought Woods’s conclusions in favor of free markets were wrong and if so, how.
“I wish you a Blessed Evening!”
You, too.
Thanks for the links. I’ll have some interesting reading to do this weekend.