Re: Socialism sucks....seriously.
As an economics student who's looked quite a bit into the crisis, I can confidently say that it had very little to do with capitalism and everything to do with non-transparent financial instruments and thus a gross misinterpretation of risk combined with poor incentive systems and a faulty way of how credit agencies work. On a free market, this crisis wouldn't have happened.
Besides, capitalism is a word often misused. At it's core, it means that people have the right to own property and machines used for production. Almost every country in the world is capitalist.
Now, it's altogether a different question how much a state should be a part of the economy and society and where in the society should the state take part.
June 22nd 2012
June 29th 2012
Originally Posted by Lopez
Rosol might trouble Nadal if he has a good day of ballbashing.
Wimbledon R2: Rosol def. Nadal 6-7(9) 6-4 6-4 2-6 6-4