The Falklands
Out of context: Reply #60
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- rafalski0
Capitalism is a great thing to a certain extent since it pushes the market forward, but there comes a point where you hace to ask "at what cost?".
TedUmptious
(Apr 3 07, 08:09)Capitalism for me is freedom and wealth at the cost of everyone being responsible for themselves.
Socialism then is nanny state robbing everyone in order to produce generations of lazy ppl on welfare.
That's only my opinion, but just to put my money where my mouth is, I'll add I have moved from a poor post commie dreaming of German-French style socialism country to yours, the main reason being Ireland is one of the most capitalist states in Europe - thus amazingly prosperous.
I do like it here, don't get me wrong, but if I was offered 3/4 of the money I make here in sunny Barcelona, I would be boarding the plane in a second.
But somehow wages suck in leftist Spain. Damn, 2/3 would do, even if the rent is almost as ridiculously high as here! :)The rule most people don't understand is protectionism hurts the protected, that's why stripping trade unions off their power produced such growth.
Just some 2 months ago prof Milton Friedman died. If you search his name on youtube/google.vids, there are some excellent interviews with him on the topic, I highly recommend that.