There was never unregulated capitalism in America, and certainly not since the creation of the Federal Reserve or New Deal. The cost of regulated capitalism and a socialist market economy is coming home to roost—or has everyone missed that the heavily regulated European banks are in even worse shape?
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"Do you really support a system that is dysfunctional at its very core because so many people depend on it? This mentality could be used to justify any number of wasteful and inefficient allocations of capital."
That explains almost every single government agency and program in America, right down to public schools, police and military. So I guess the answer is yes, for at least 50(+1)% of the people.
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How Wall Street Keeps Dooming Itself [View article]
That explains almost every single government agency and program in America, right down to public schools, police and military. So I guess the answer is yes, for at least 50(+1)% of the people.
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