Too
many Americans do not know the difference between real capitalism and
state capitalism which is a form of crony capitalism or (that taboo
word) socialism.
Yet,
all the poor results of the U.S. using forms of state capitalism are
erroneously chalked up against capitalism. That’s the problem. When
capitalism gets demerits for the ills of government meddling, the
public gets an even worse education about basic economics than it
already, unfortunately has.
If
you want proof of government-induced attacks on capitalism, look at
the mess in Euro-Europe , with its numbing state-controls of cradle
to grave economics.(See the Earl J. Weinreb NewsHole® comments.)
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