Friday, July 10, 2015

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

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


5 comments:

Samuel Gonzalez said...

Centrally planned economies never work anywhere its tried

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The Question said...

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.

Anonymous said...

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.

SM777 said...

"That this point has to be said just shows how misinformed people are about economics and what capitalism is and isn't."
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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.

grey enlightenment said...

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.