Sunday, June 5, 2011

Greedy Socialists

Liberals insist the greed is a problem for capitalism. And I agree, greed is a fundamental problem for all of humanity, and therefor for capitalism. But if greed is a problem for capitalism, it is a much larger problem for socialism, or any form of government, call it what you will, that centralizes power. Free market capitalism is actually the best economic system at disciplining greed because the customer will supply that discipline if large businesses are not protected by powerful political allies.
http://chumly.com/n/97346c

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