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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (7939)4/7/2006 5:49:24 PM
From: rich evansRead Replies (1) | Respond to of 24758
 
That is a very good analysis. Central/South America is a great illustration where poor arbitrary property law has hindered capitalism and wealth creation. I think Ahhaha's analysis is too puristic. Policies of pure capitalism create political problems. A post on another thread showed that at least 33% of population adhere to socialist ideas. So there will always be a tug of war between wealth creation economics and wealth distribution. We have to figure out how to keep the wealth creation policies in the forefront and this is difficult as even Republicans are easily seduced to win elections.
Rich



To: GraceZ who wrote (7939)4/7/2006 9:18:39 PM
From: ahhahaRead Replies (1) | Respond to of 24758
 
It will take 20-30 years of growth for China to catch up to the per capita GDP of the US

Irrelevant. The question is which is more capitalist.

So I'm having a hard time understanding why you think they are making a ton of money while we aren't.

They've got $800B in the bank.

You play down the importance of property rights for the farmer,

Capitalism didn't need the US constitution. Capitalism worked fine under King George III.

Ahhaha 1 Grace 0


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