BETWEEN THE LINES: Nationalizing Banks and Industry: A Lesson In Why Capitalists Hate Socialism - by Anthony Asadullah Samad
"Free Market" enterprise is based on the notion that open markets and the competition derived from competing ideas for consumer patronage will create a market balance (equilibrium) that will produce a stable economy and wide prosperity. There is also a flawed theory that social conditions in the markets, like poverty, homelessness, even economic subjugation and socio-political discrimination caused by racism will self-correct in competitive and robust economic environments. Capitalists think money solves everything when it is actually the cause of many social and economic societal ills.
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