Quote:
Originally Posted by westopher
America has always claimed to be a free market economy, but it's always relied on socialism for corporations. It manages to take all the worst aspects of every economic platform. Social support for companies while limiting support for people.
Absolutely it's what they shit on other nations for, but hypocrisy and bullshit from "the most important country in the world" is nothing new.
Canada is definitely a hybrid. I honestly couldn't tell you a country that truly is a fully capitalist economy.
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This is very true.
laissez faire capitalism has not existed for decades. Some would argue ever.
The system in place privatizes profits and socializes losses.
It's certainly not true capitalism.
All sophisticated economies are guilty of this. Canada included.