The world’s poorest countries are not characterized by naive trust in capitalism, but by utter distrust, which leads to heavy government intervention and regulation of business. Under such conditions, capitalism does not thrive and economies remain poor.
capitalism
Latest Beer-Sale Proposal Protects Big Distributors as Craft Brewers Are Limited to 2,000 Off-Site Kegs
A Senate proposal that would allow small craft brewers to directly sell beer in bottles and cans, as long as they limit to 2,000 kegs how much beer is made for off-site sales, continues to leave a bad taste for the growing industry.
Break Up the Banks: It’s Not a Fringe Idea Anymore
Moments of consensus between left and right don’t come frequently in Washington, and we should heed them when they occur. Right now, that means breaking up the banks, argues Amy Dean.
Socialism, Capitalism, and Other Fallen Stock
We can rail about socialism’s evil and worship capitalism all we like. It won’t get us out of the hole we spent the last 30 years digging. History and Adam Smith are better guides.