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WHY DOES CAPITALISM DELIVER GOODS ABUNDANTLY AND WITH QUALITY

Some facts: Things are getting cheaper and better. Poverty is temporary. Americans are getting wealthier. American’s live better than any king in the past. “Whatever your criterion of culture, the odds are extremely high that, with capitalism-that is with free markets- you will get more of the kind of culture you want than you will get when government rules the economy with a heavy hand. There is no greedy hand, only social, political, and financial incentives and when incentives are artificial high the system revolts, as in the case of Nixon’s oil price fixing and Carters conservational efforts. Capitalism delivers the goods both abundantly and with quality. Artists and actors thrived becauses their works were popular in a freemarket. There is a labour shortage. Freemarkets are creating infinite resources. There are no shortages of resources. Welfare impoverishes individuals. Government operates on principles of force. [Learn More ...]
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