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Reply #35: Its not entirely correct to call those economies "Capitalist". [View All]

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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-24-07 08:26 PM
Response to Reply #32
35. Its not entirely correct to call those economies "Capitalist".
Nor is it entirely correct to call the economy of the USA "Capitalist".
The American People own hundreds of different business. Most of the businesses we own are Monopolies that provide a type of service FREE to the public. (FAA, FDA, Corp of Engineers, FEMA, Board of Health, Weather Bureau, NOAA, Social Security Administration, Fire & Police Depts...and on and on) and hopefully HealthCare in the near future.

We are a long way from pure Capitalism, though we are moving in that direction as these vital services are being privatized and turned into private FOR PROFIT enterprises.

Sweden and the enlightened European countries are even farther away from pure "Capitalism".
We are looking at different shades of gray.
In Sweden's case, a healthy blend of Capitalism and Socialism.
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