bigsky » 08 Apr 2014 6:03 pm » wrote:
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 jacket
This post resolves the thread. This is the whole enchilada. Under free enterprise, the greatest possible efficiency is not served - just as in nature. Nature selects for variety and redundancy to ensure survival. A truly free market America would see more cultural and economic variety from state to state than you see from country to country in many parts of the globe. We would not see the same broad in the same uniform reading the same magazine and handing us the same menu in the same diner from Key West to Gnome, from Long Island to Long Beach.
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