Australia's largest stock trading and investment forum Australia's #1 stock forum

The Collapse of the American Empire, page-1591

First 1591 Last

Share
Profile

Follow
moorookamick

22,945 Posts.

769

31/12/21

18:28

Post #: 58591510
Share

Originally posted by diligent: ↑

I have never heard that a country which accumulates vast amounts of money for itself, being classified as a 'capitalist' country. Never!

The distinct advantage that is held by capitalist countries over countries that are run by the State, is the profit motive underlying private enterprises. That is not to say,of course, that greed can not, at times, overwhelm private enterprises and consequently, the State.

I find your effort to differentiate between Fascist states like Germany and Italy, and Stalin's Russia, interesting, as they all had one hideous thing in common - they were all run by a single minded thug who had no sympathy whatsoever, or time, for private enterprise or the individual! And, as I have mentioned before, such people do also exist, at times, in free enterprise organisations!

Expand

https://www.npr.org/templates/story/story.php?storyId=126835124
Upvote

Reply

Top Stories

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

There are more pages in this discussion • 774 more messages in this thread...

First 1591 Last