Market failure or state failure?

in capitalism •  6 years ago 

It's all very easy to keep blathering on about how capitalism has failed, and global trade has failed, blather, blather, blather. Here is what happened: the state safety net turned out to be a TOTAL FLOP!

Millions of working class people are sinking into drug addiction and suicide. This is because the social welfare bureaucracy is DEAF AND BLIND!

American people pay huge sums in taxes to make sure that their countrymen can have a bridge to cross over the temporary chasms generated by creative destruction. They get in return a TOTAL FAILURE!

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