Posts tagged Communism

America is Getting Socialized Bit by Bit

While capitalism has a visible cost — profit — that does not exist under socialism, socialism has an invisible cost — inefficiency — that gets weeded out by losses and bankruptcy under capitalism. The fact that most goods are more …






Occupy Wall Street

There is a movement to occupy Wall Street. Sorry, Wall Street is already occupied. The upcoming week might be hazardous to many Wall Streeters health if the technicians are correct. Generally it’s best to be suspicious of big movements that …






Worth Remembering

This Youtube.com video has been emailed around. It is worth reminding ourselves how great free market capitalism is. Milton Friedman says it very succinctly in this repartee with Phil Donohue. It was true then, and true today. Here is the …