There is no question that capitalism as an economic system is under assault at the present time. Because of the turmoil and downturn some are pushing hard for an agenda that would diminish the power and influence of private enterprise and entreprenuership and replace it with expanded government control over the decisions, marketing, policies and profits [...]
Posts Tagged as ‘capitalism’
March 21, 2008
Magic of the Market
The recent intervention of the Fed in banking and turmoil over the subprime market downturn should cause one to ponder the benefits or negative effects of Government actions in reaction to those events. If you don’t believe in Capitalism, there is only one answer–let the Government run everything and make every decision. It [...]