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The founder's gave us a very decentralized system and a very minimal federal government. Needless to say, this has greatly eroded. The asian economies have be
by stretchwithme 16y ago
The founder's gave us a very decentralized system and a very minimal federal government. Needless to say, this has greatly eroded.
The asian economies have become so successful because they have been adopting capitalism. We should be glad.
Our problems are of our own making. We've been incenting people to consume rather than to produce and to go into debt to do it. And government at all levels is borrowing and spending in the mistaken belief that consumption is economic success. It isn't.
We need to start dealing with reality.
- locopati 16y agoOnce everyone is producing won't someone need to consume the production?