With Bush's State of the Economy Address on Wall Street today, it would appear that the Capitalist structure in the United States has gone a little soft...I realize that most 'average' Americans are happy to have someone take a slap at Corporate Giants...but is that really the role of the President? Can you really move to legislate or strong arm free enterprise and still call yourself a Capitalist society? From my experience on this forum, that kind of activity in any other country has been labelled as socialist...how is that different in the US today?
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2007-01-31 11:01:44 · 3 answers · asked by Super Ruper 6 in Politics & Government ➔ Politics
Capitalism is the economics's of greed, while it may be the best system it does have its flaw's. I do think that these CEO's have hurt America by getting so much money for business's that are essentially failing but it is the company and their stock holders decision and Bush should stay out of it. Let the stock holders do the speaking, eventually they will.
2007-01-31 11:13:12 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If God were to favor any economic system over any other, I seriously doubt that Capitalism would be his top choice!!! And I definitely agree with Answerman's statement that capitalism is the economics of greed!!!!!
2007-01-31 19:15:59 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Its not.
2007-01-31 19:08:26 · answer #3 · answered by jack w 6 · 0⤊ 1⤋