Village News - Also serving the communities of De Luz, Rainbow, Camp Pendleton, Pala and Pauma

Capitalism: how the system works

 

Last updated 10/4/2007 at Noon



Those who disparage the “trickle down” (I don’t particularly like that term, but it is accurately descriptive) aspect of free market capitalism do not understand how the system works.

There is no better proof than what has occurred in both India and China in the last 20 years. In both countries a great number of people have become rich and at the same time many millions of people have been raised above the poverty level. They are much better off than they were 20 years ago because of free market policies!

And it seems the same people rail against corporations (especially oil compani...



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