Why Capitalism is Great

And why Socialism sucks

Paul Joseph Watson | Prison Planet.com


By resisting capitalism, socialists are embracing an economic system that guarantees poverty and misery for the most amount of people.

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One comment on “Why Capitalism is Great
  1. Paul Joseph Watson should separate from Alex Jones. He has a big following on his own among dissidents.

    As to capitalism, it seems that we have crony capitalism in the US. Recall how Obama bailed out the banks and car companies. The banksters took the risks but we the taxpayer paid for their unsuccessful bets. It’s all politics rather than rational policy.

    In Economics 101 I always taught this stuff as

    command-and-control (Communism, and increasingly the US)

    the mixed economy (supposedly what we are in the US)

    Laissez-faire (small atomistic businesses throughout the economy that are unregulated)

    I was talking to a fellow in laissez-faire Alabama today. When he moved his business out of Birmingham after a big robbery perpetrated by you know who to a safer area, the new city told him he couldn’t have a business license until his office was approved. So he had to spend thousands on a lease, thousands more on furniture, etc., and run the risk that he might not get a license. His new location told him that they don’t want any “undesirable” businesses in their community, so you better have a nice space and nice furniture. He passed after he put up exit signs and a few similar minor issues.

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