8 Apr 2014 6:03 pm
they are basically the same...but not the same. capitalism means you can be too big to fail...free enterprise means you can get to big to succeed. look, our economy is based on wall street, that is basically GAMBLING...our economy is based on gambling....that is capitalism. under free enterprise if a **** load of houses are fore closed on in one state...the whole country does not go tits up...if an auto manufacturer goes belly up they close shop and the only people effected is the people in the local vacinity...free enterprise is redundant enterprise....redundant economies....where if one fails...none others fail....we are not all tied together on a sinking ship and one life jackettharock220 » 08 Apr 2014 5:55 pm » wrote:
You can say that all you want, but I'm pretty sure I told you in another thread saying something doesn't make it so. Capitalism and free-market are basically the same thing. You call the financial industry capitalism, but the distinction between it and every other industry in that regard is nil. They're all privately owned. Because that industry gets government to prevent them from sinking doesn't suddenly distinguish them.
Were Lehman brothers allowed to go bankrupt without any other consideration that would be the free market at work.