Capitalism vs. socialism. And the winner is …

FoxBusiness/Steve Forbes

“The morality and strength of capitalism (or free enterprise, free markets, whatever term you choose for the U.S. economic system) is that it allows people to succeed by meeting the needs and wants of others. People in a capitalist society are constantly trying to come up with ways to make everyone’s lives better. The failures critics blame on capitalism are caused by the mistakes of government, not an economic system that rewards hard work and innovation. Those failures are many.”

USAGOLD note: Margaret Thatcher said it best: “The problem with socialism is that you eventually run out of other people’s money.”


Repost from 5-23-2019

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