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

To: Gordon A. Langston who wrote (149515)	5/30/2001 1:28:38 AM
From: ZenWarrior	Read Replies (1) \| Respond to of 769670

I'm not sure what you mean by Progressive Capitalism. Actually, it's probably not a perfect fit w/ my beliefs, but here's more on progressive capitalism: progressmovement.org Monopolies are difficult in a truly free and innovating economy. To an extent, yes... but not when you get into particular dynamics such as price fixing (agreed to by multiple companies/"competitors"), exclusive contracts, etc. IMO, we would be in deep sh!t if it weren't for the Sherman Antitrust Act. There will be plenty of competition soon w/ energy no doubt... prices should come down significantly in the next couple years thanks to the "over-awareness". Again, I am a big fan of Capitalism's strong points... my only problem is its weak point: there are losers to this game... people who will not win in the competitive battleground. This will only get worse as our economy becomes more and more reliant upon technology & well educated workers. Creative destruction. My second most favorite phrase in the world... first goes to "Creative Deconstruction", a term coined by GE's Jack Welsh. Again, I cannot tell you how strongly I believe in capitalism's good points... so much so that I am one of a very few who wish to see our borders completely open instead of wasting trillions to keep people out. You attempt to imply that capitalism is a political system and it isn't whereas socialism most assuredly is. Politics govern our economic reality/philosophy. Would you rather I say "Market Socialism"? - Zen