A failure of capitalism? Really?

posted by
August 16, 2011
Independent Institute
by Anthony Gregory  
Posted in Commentary

"So let me get this straight. After the most socialistic century in history, during which all industrialized nations finally found themselves gravitating toward a mixed economy model, we see a somewhat significant financial collapse of international significance and then another stock market drop a few years later, and it supposedly tells us that capitalism is 'doomed.'" [editor's note: Well, since "capitalism" is, by both original and popular definition, a "state-regulated, mixed industrial economy" ... yes! - TLK] (08/15/11)


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