It’s time to reconsider Capitalism’s failure to create an egalitarian society. We must build a Free Enterprise system with a full social safety net.
Capitalism can exist in democratic or repressive states. Free enterprise can only exist in a democratic state where individuals have choices.
Many believe that Capitalism is synonymous with free enterprise and democracy. Capitalism is neither free enterprise nor democracy. After-all, China is now a capitalist country. No one believes that China is a democratic country. This conflation has allowed all attempts to attenuate the deficiencies of capitalism to be construed as that grand evil, ‘socialism’ or […]
To many any claim of nationalization of banks seems scary. How can that be scarier than what we have and what we have been through? After-all, we deregulated banks by repealing the Glass-Steagall Act of 1933 that separated the speculative side of banking from commercial banking. The reality is the word speculative and banking should […]