Thursday, June 5, 2008

In Defense of Capitalism

Within the next ten years we will see the largest mass exodus from poverty in recorded history. Approximately 400 million people in India and China will become middle class. what makes this remarkable is the fact it is not being done through top down government initiatives ala the soviet union styled planned economies. To the contrary it is being done under the free market system. People who believe that top down big government iniatives are the future are in fact living in the past. Capitalism is the way forward for the worlds poor to get out of poverty and not communism or socialism. That is why I am pleading with the American Left not dismantle capitalism in the country in the next four years.
Seraph

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