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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (82875)6/20/2007 8:25:31 AM
From: andiron  Read Replies (3) | Respond to of 110194
 
capitalism is overhyped..Marx anticipated that capitalism would self-destruct..
capitalism allows for vast disparity in wealth, even after accounting for variations in individual aptitudes....In a way capitalism is similar to imperialism.



To: Mike Johnston who wrote (82875)6/20/2007 10:18:14 AM
From: John Vosilla  Respond to of 110194
 
'When the government interference into the economy is excessive, this is not capitalism.'

Sounds like a lot of socialism mixed in there somewhere with too much free market capitalism due to the lending products and practices in recent years..


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