The single greatest example of capitalism.

Discussion in 'Economy' started by Brutus, Oct 31, 2011.

  1. Brutus
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    Brutus Senior Member

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    actually there are two. One is the USA, the richest most Republican country in human history.

    The other is the Pin. Adam Smith first wrote about it saying that nobody in the entire world knew how to make a simple pin. It involved, he pointed out, the coordination of 10's of 1000's thousands of people in voluntary capitalistic relationships from all over the world at different times just to get a simple pin planned, manufactrured, transported and on sale for a mere fraction of a penny in, say, NYC in 1776. His point was that if you had liberals in Washington or London trying to plan and coordinate all that you would certainly get a soviet result.

    A liberal will lack the IQ to understand, sadly, and instead view government libtard bureaucrats as magical.
     
  2. ThomasRoscoe
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    ThomasRoscoe Rookie

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    How can i read more on this online?
     
  3. editec
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    editec Mr. Forgot-it-All

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    You might benefit from reading Wealth of Nations with an honest and open mind.

    What you will discover is that much of what some say Adam Smith was saying he was not really saying.

    AS was an economic pragmatist, not an economic idealogue.
     
    Last edited: Nov 2, 2011
  4. Brutus
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    Brutus Senior Member

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    "Wealth of Nations" is 1000 pages so don't bother!! Look up Adam Smith,Pin or Milton Friedman, pencil to get started. The single best book is "Restoring The American Dream" or Capitalism-The Unknown Idea
     
    Last edited: Nov 4, 2011

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