8 Jul 2022 4:30 pm
The best feature of capitalism (which is an economic, not a political system) is competition, which encourages innovation and forces prices downward. There is nothing that an entrepreneur dislikes more than competition. Usually, taxes take a lot less of the capitalist's profits than competition.
The people of Singapore are far more prosperous and less oppressed by their government than the Chilean people under Pinochet.
The people of Singapore are far more prosperous and less oppressed by their government than the Chilean people under Pinochet.