(September 19, 2014 at 12:26 pm)Minimalist Wrote: No "ism" has all the answers. Even capitalism.
"Captialism" as others may have heard me say before, is NOT a form of government. There is not one government friend or foe that does not invest in the global market. The Saudi Royal Family owns oil companies and stock in banks and weapons. China's communist party keeps it's monopoly on party power by allowing western businesses to exist there so they can make money making cheep crap on slave wages. Gadaffi was a billionaire who owned stock in GE.
What matters is preventing monopolies of power. Wealth becomes a plutocracy no matter if the system is open or closed.