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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (17993)3/18/2016 4:00:41 PM
From: Blasher  Read Replies (1) | Respond to of 33421
 
nice . . several things . . .
1 - Austrian and Keynesian economics are opposites
2 - I like Schumpeter .. he seems to fit between Smith and Toynbee . . . Schumpeter not being as anti-Capitalism as Toynbee
3 - It is interesting that Schumpeter thought Capitalism would collapse for the same reasons that Socialism, where tried, actually did collapse.
4 - Capitalism is still going strong and leads to freedom and prosperity for most everyone wherever it is tried.
5 - Capitalism allows us to have this conversation instead of working out in the fields for our fellow man . . . instead, we can work [or not] however we want and still care for the needy, etc.

OK . . that's enough socioeconomicpolitical talk for now
unless you wanted to talk about something we've already said
:-)