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RE: LeoThread 2025-11-16 07-55

in LeoFinance22 days ago

where its ideology continues, but the reality does not comport with the ideology. So we talk about free market capitalism, but we don't have free market capitalism. So when people say there's a failure of capitalism, my answer is it's a failure of whatever we have, but it isn't what free market capitalism is. We don't have that. There's no concept in free market capitalism that failures of private businesses, entities are bailed out by the taxpayers or by the community. That's just not part of the system. So whatever system we have now is not the system that has succeeded and made the United States what it became. Can we go back into that system is a big discussion that I don't have a ready answer for and I don't think anybody does, but the principles of that system, which is free market capitalism and ability for the market to set the prices, to set the relationships, creating incentives for companies not to pillage and plunder their customers, as some of the financial institutions (49/96)