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re: My feeling on capitalism

Posted on 3/27/14 at 8:37 am to
Posted by constant cough
Lafayette
Member since Jun 2007
44788 posts
Posted on 3/27/14 at 8:37 am to
quote:

Fact is the United States became the greatest economy the world has ever seen while facing more regulation then it had in the 19th Century.


You're trying to claim that those regulation were what caused the booming economy and not the fact that the United States had the only intact industrial base in the world after WWII.

The economy succeeded inspite of those regulations not because of them.
Posted by Taxing Authority
Houston
Member since Feb 2010
57407 posts
Posted on 3/27/14 at 9:22 am to
quote:

The economy succeeded inspite of those regulations not because of them.
This. Businesses aren't flocking to China, VN, etc in search of greater regulation.

Money flows toward freedom like water flows downhill.
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