RE: Crypto's TRILLION Dollar Potential by safetony

View this thread on steempeak.com

Viewing a response to: @heiditravels/crypto-s-trillion-dollar-potential

· @safetony ·
Is capitalism really working in the U.S? Wealth inequality is at the highest it's ever been. 

The only reason it seems better is the world economy was completely destroyed after the second world war with over 50% of production taking place in the U.S. 

I would say we don't have capitalism as the state interferes too much to have a free flowing market economy especially considering they bailed out the banks. 

Feels like capitalism for the poor and Quantitative easing and asset buyback for the rich.

Suggested reading Capitalism and Freedom by Milton Friedman 

or Why Government Is the Problem by Milton Friedman

Classic Austrian economist Ludwig Von Mises also alludes to the same.
properties (22)
post_id63,270,274
authorsafetony
permlinkre-heiditravels-crypto-s-trillion-dollar-potential-20180925t062736218z
categorybitcoin
json_metadata{"tags":["bitcoin"],"app":"steemit\/0.1"}
created2018-09-25 06:27:36
last_update2018-09-25 06:27:36
depth1
children0
net_rshares0
last_payout2018-10-02 06:27:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length691
author_reputation282,560,279,254
root_title"Crypto's TRILLION Dollar Potential"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000