Tuesday, May 22, 2012
There is a system that has failed and been tried in 19th century: Socialism/communism
I went into a sociology class and the professor said capitalism was tried in the 19th century and failed. Quite the opposite. Socialism/communism was tried in the 19th century and the 18th 17th etc. and always failed. The free market wherever it has been allowed by the state has made the poor rich and unleashed a whitewater rapids of wealth creation. Sure some do better than others but some produce 10x as much as others when they are allowed to. Trickel down economics is obamanomics as those who get crummy government jobs from state get easy job and tiny bit of wealth, while capitalism is a white water rapids of wealth creation.