Friday, July 10, 2015

Don't Blame "Capitalism" for China's Collapse

And don't blame it for our own collapse either:


5 comments:

  1. Centrally planned economies never work anywhere its tried

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  2. That this point has to be said just shows how misinformed people are about economics and what capitalism is and isn't. We have had a central bank since 1913 and a federal registry of regulations over 30,000 pages long, yet people still think the United States is a free market system.

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  3. Anonymous5:01 AM

    China? A "Free Market Capitalist System"? Hahahahahahahahahahaha...HA! Right. A country that can't even feed it's people, a free market. Uh, huh. Oh, and eff you Krugman and Friedman, you two putzes don't know your rearends from a hole in the ground in regards to what a free market is and isn't. You both know what tyranny is, and support it. You both worship at the altar of Keynes and his BS.

    The U.S.A. a free market? Ahhhh, nope. I should know, I was a one-time crony corporatist lobbyist. All the big companies (think GE, IBM, Pfizer, et.al.), all try to game the "free market" system via regulation and tax code to eliminate the competition.

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  4. SM7778:59 AM

    "That this point has to be said just shows how misinformed people are about economics and what capitalism is and isn't."
    --------------------------------------------------------------------------
    That's not some sort of accident either. Ever heard of the "publik skool sistem"?

    The US elite has been dumbing this down for the past 100+ years. Ignorant/low IQ people are far easier to control. Why did I add low IQ? Just check what's in the water supply.

    Yes, I know, just another "conspiracy theory" much like that famous semen-stained intern's dress from the 1990's.

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  5. hmm...Kinda disagree about China not being a "Free Market Capitalist System". They are more free market than most of Europe or Soviet Russia. Look at all the huge capitalism success stories out of China- AliBaba, Sohu, Vipshop, Sina, NetEase, Baidu, etc.

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