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Capitalism is local
Monday, November 15th, 2010
November 14, 2010
… “business interests” cannot be what we live for. The primary purpose of life cannot be the accumulation of wealth… Still, wealth trumps penury. And, capitalism feeds, whereas socialism starves… Scope must be provided for the trial and error of individual enterprise… Free markets create conditions of plenty, in which starvation does not become an issue; socialism imposes material constraints and dysfunctions which finally necessitate “population control.”
Tags: economy, ideology, standard of living
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