“Capitalism is a social system based on the principle of individual rights. Politically, it is the system of laissez-faire (freedom). Legally it is a system of objective laws (rule of law as opposed to rule of man). Economically, when such freedom is applied to the sphere of production its result is the free-market.”
Bill Gross: Economic inequality threatens capitalism READ MORE
Capitalism is an economic system in which trade, industry, and the means of production are largely or entirely privately owned and operated for profit. READ MORE
Before his nomination, Warren G. Harding declared, "America's present need is not heroics, but healing; not nostrums, but normalcy; not revolution, but restoration; not agitation, but adjustment; not surgery, but serenity; not the dramatic, but the dispassionate; not experiment, but equipoise; not submergence in internationality, but sustainment in triumphant nationality.”
Note: original cartoon by Matt W.
Lots to think about!
ReplyDeleteSo socialism is better?
ReplyDeleteI am all for capitalism be socialism but I feel the system can get out of whack from time to time
ReplyDeleteOk. Got your point now. Thanks!
ReplyDelete