Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Tom Clarke who wrote (23142)	7/8/2000 8:48:17 AM
From: Neocon	Read Replies (2) \| Respond to of 769667

I believe so, but it is still a pretty good word, and I am not sure that "laissez- faire" should be attached as part of the definition, since I believe that the welfare state, whatever its defects, is still essentially capitalist. The essence of capitalism is a free- market in capital. Although there may be ground rules to ensure fair play and stability, investment decisions are basically made by decentralized investors and lending institutions. Of course, there must also be substantial freedom in the exchange of goods and services, but interference there is less egregious.........