View Single Post
  #7   Report Post  
posted to rec.boats.cruising
Road Rage! Road Rage! is offline
external usenet poster
 
First recorded activity by BoatBanter: Jun 2008
Posts: 10
Default Beneteau Makes Racing Boats?


"Capt. JG" wrote in message
easolutions...


This the Univ. of Chicago style of argument that has been shown over and
over to not work (if you're interested, there are lots of examples out
there, the justification for Iraq war included). Capitalism must be
moderated with a societal safety net in order to take full advantage of
its benefits. "Pure" capitalism doesn't work as advertised.


Where has it been shown not to work? Give one real example of a laissez
faire economy that demonstrated this over at least a two decade span. Tell
us what "working" is.

Capitalism can have and has had private safety nets without government
intervention.

What is "pure" capitalism and were has it existed?

What schools of economic thought preceded the "University of Chicago" style
of argument on which the U of C arguments are based?