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How Capitalist is America Really?
Posted on 5/21/19 at 5:51 pm
Posted on 5/21/19 at 5:51 pm
Hearing Europe's airports privately owned, while America's are publicly owned. Any other examples like this? I know Japan's railway system is private while we subsidize Amtrack.
Posted on 5/21/19 at 5:57 pm to RollTide4Ever
On a continuum, we’re more capitalist than most of our peers, but not as capitalist as some may think.
For many markets, if we don’t have outright public ownership, we subsidize, regulate, and distort the shite out of it.
For many markets, if we don’t have outright public ownership, we subsidize, regulate, and distort the shite out of it.
Posted on 5/21/19 at 6:00 pm to RollTide4Ever
That's not the worst of it. Every industry is corrupted. Every industry uses the government to generate revenue and bludgeon potential competitors. Every industry is just a bunch of rent-seeking SOBs.
Posted on 5/21/19 at 6:09 pm to Rock the Casbah
A house in Tokyo costs much less than one in NYC, b/c Japanese National gov't handles zoning instead of Japanese cities.
Posted on 5/21/19 at 6:49 pm to RollTide4Ever
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