NYcarbineer
Diamond Member
It's known as the free market!
Glad you've come to your senses.
Better late than never.
when has unfettered markets ever produced what you claim?
I'm going to ignore the word "unfettered" in this context, unless you would care to define same, but will repeat the obvious about capitalism:
" Marxism rested on the assumption that the condition of the working classes would grow ever worse under capitalism, that there would be but two classes: one small and rich, the other vast and increasingly impoverished, and revolution would be the anodyne that would result in the common good. But by the early 20th century, it was clear that this assumption was completely wrong! Under capitalism, the standard of living of all was improving: prices falling, incomes rising, health and sanitation improving, lengthening of life spans, diets becoming more varied, the new jobs created in industry paid more than most could make in agriculture, housing improved, and middle class industrialists and business owners displaced nobility and gentry as heroes."
All of that happened as GOVERNMENT began to intervene more and more to restrain Capitalism. At least in the U.S.
We never had our own great Communist/Marxist Revolution, like Russia, or China, or Cuba, because Liberalism was constantly winning smaller battles for the benefit of the poor and working classes,
and via GOVERNMENT was incrementally alleviating the injustices and atrocities committed by Capitalism.
Government and Liberalism saved us from becoming a Communist nation.