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04-13-2008, 07:40 AM #6
- Join Date
- May 2005
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- Virginia
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- 852
Thanked: 79Interesting posts.
I would argue that capitalism hasn't exactly failed, but simply has not been tried in its purest sense.
Governments prop up industries that in a true capitalist system, should be allowed to fail, that sort of thing. Hence certain industries are fine when they make huge profits, but then are propped by tariffs and government tax money rather than being allowed to fail as perhaps should be done.
Canada's complaint about lumber being one such example.
Btw....NAFTA was wool pulled over ALL of our heads, but that is another topic, I believe
Night folks.
John P.