Quote:
Originally Posted by LiquidSwordz
Adam Smith in his book "The Wealth of Nations" in 1776. Capitalists favor a system of free enterprise which means the government should NOT interfere in the economy - that the laws of supply and demand will make sure that the economy runs most efficiently in meeting people's needs.
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And this of course exposes the duplicity of monopoly cartelist capitalists.
They supposedly favour non-intervention by government regulatory agencies yet they have utterly hijacked the entire machinery of government in order to grant themselves privileges and to neuter those regulatory agencies. This is certainly NOT a system of "free enterprise".
Thankyou LiquidSwordz for posting Adam Smith's quote. It allows me to point out the lastest attempt by the 'power elite' (through 'Zeitgeist' this time) to demolish the last vestiges of "free enterprise" by pretending that such a system (which we haven't actually got) is responsible for society's ills.
True free enterprise, properly regulated under law, would
solve a lot of the current problems and so would an honest money system. Humanity, motivated as it is, is simply not ready for a system without a monetary medium of exchange. In the interim, a lot of changes could be made to the current system to reclaim our economic power from the fascist monolith that is strangling America to death.