Poverty in the world is caused by a lack of capitalism. China's economy is only now starting to grow because of AMERICAN corporations stepping in, and giving them jobs, and in general, income of capital.
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Anonymous2006-06-16 1:30
People you need to realize that America has a mixed economy at best and a Socialist economy at worst. We have capitalistic tendencies of being able to make and spend money, but we also have social programs galore such as soical security, medicare, medicade, and welfare among others, and we are constantly trying to socialize healthcare. This is not a pure capitialist system as we have anti-trust laws to stop monopolies, and employment laws to prevent harsh treatment of employees. We hand the government control over 50 percent of our average income, and more than that after sales and property taxes, and we give them control over our retirement options, and everything else that they believe we aren't capable of handleing ourselves. WE ARE IN A SOCIALIST SYSTEM, stop trying to point out otherwise both sides. Socialists there is no huge capitalist block keeping you down, in fact you have achived most of what you wanted to thoughout the 80s and 90s. You are actually keeping yourselves down (those in power are holding down those without) because the socialist agenda only makes sence when people feel downtrodden. Capitalists: we had our day, now it is the day of the socialists. I am not saying be quiet, but just relax a bit more. History has shown that socialism falls apart under it's own weight after a while, and capitalism forms from people picking up the pieces. It may be an ugly collapse comming to us, but it will happen. debt mounts and the dollar no longer has anything backing it. The upside down piramid that is a socialist system eventually topples from bad foundation.