Capitalism works better than any other system...it does need controls...the fewer the better...UNI88 wrote:Unfortunately, greed isn't limited to capitalism. At this point in our evolutionary cycle, it's endemic to the human race. Every system is going to be at risk to those whose greed for wealth or power & control will drive them to positions of authority where they will line their pockets and bully those without power. Do you think that most Soviet bureaucrats were true believers in communist ideals or did their greed and ambition drive them to those levels? The American capitalist model has been more successful because it has done a better job of regulating and focusing that greed and ambition without reducing the drive too much. It might not be perfect but it has worked and I would like to know what the alternative is or will be.houndawg wrote:BTW, how can you have capitalism without the greed you assert to be the real problem? Greed is to capitalism what oxygen is to carbon-based life forms.
Our recent problems is that on the pendulum of government, we went too far on removing controls...now the current administration wants to go too far in instituting controls...
It's a balancing act...
