Hawkeye said: The New Deal only lengthened the Great Depression imo. THe U.S. is a mixed market economy but is primarily capitalistic. Obama wants to move more towards socialism, and McCain wants to hold the line or perhaps become slightly more capitalistic. 70-90% income tax for highest earners in WW2 doesn't count as socialism imo because we were funding a War we actually cared about winning. |
But you had the highest income tax AFTER WWII, in the 60's if I remember correctly.
TheSource said: The USA is more capitalist than any country in the world... |
I think that Russia and large parts of the 'New Europe' are far more capitalist than the US, since the economic 'experts' wanted to turn them into hyper-neo liberal economies and downsize the state as much as possible. This is of course countered by new nationalistic movements.
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I hunger!
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