Wednesday, July 3, 2019

Not broken

"Capitalism is not broken. It does not always work perfectly, of course. But the free market combined with our strong safety net has drastically reduced poverty and improved quality of life for the vast majority of Americans."

When people are  1) free to be creative, to be different, to explore new ideas; 2) free to pursue what they're good at or passionate about; 3) free to keep and enjoy the results of their own ideas and hard work . . . you have a growing economy, a "rising tide" that "raises all ships."

Capitalism has brought about the modern world: abundant and varied food, breathtaking technological advance, vastly improved health and length of life, cheap access to information, etc. 

"Capitalism isn’t broken – it’s our best shot at keeping the American Dream of freedom and success alive."

(cont'd in Friday's post)

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