Published: February 03, 2019
Capitalism has been blamed for the bad behaviour of the banks – which is akin to blaming democracy for voter fraud
Capitalism is clearly having an identity crisis, when it becomes a punching bag for even Fox news conservatives in the United States. But it is still the best economic system we have for alleviating global poverty and improving living standards.
Contrary to what Bernie Sanders, Jeremy Corbyn or John Quiggin might have you believe, capitalism is not about consumerism, exploitation or worship of big corporates. It is simply the freedom for individuals to engage in enterprise and voluntary trade.
Continue reading...from The Guardian http://bit.ly/2t7i0xf
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