President Barack Obama Message Board

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Politics : President Barack Obama

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To: tejek who wrote (121954)	9/28/2012 11:51:04 PM
From: mel221	Read Replies (1) of 149317

>> In my book, capitalism needs to be constructive......... And that's why we honestly disagree. Capitalism is about construction and destruction... hidden potential and unrealised opportunity. I am not saying your philosophy is wrong, but certainly misguided. One of the great American capitalists is Thomas Edison. He invented the light bulb and created many industries and his efforts created much wealth for this country (GE). He also destroyed the candle making business. And the liberal position is to protect the candle makers and hinder Edison and his kind of destructive capitalism! Capitalism does increase value in net.. but there is always a destructive part.

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