Quote:
Originally Posted by StormanNorman
Maybe...and maybe not, Teak. I don't believe in socialism, but I also don't believe in Laissez-faire capitalism either, Teak....cuz I think you eventually end up with one large fish in the pond. Wasn't the wealth distribution in the 1890s (before any regulation) something like 5% of the population controlling 97% of the wealth....with many of the working class living in poverty? Except for the 5%, we must have been one stupid and lazy country, huh?
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You should. Laissez-faire is what this country was founded upon, and what allowed it to become a world power in a relatively short time. In the 1890s and before, those with education, or imagination (and both combined) were the ones to prosper. Those who were, mostly, uneducated and lacking in imagination and drive, were working for $30-$40 per month. It is pretty much the same today, only the pay scale is higher. Those who fear taking a chance, especially on themselves, will always be the ones working for others, and "just getting by".