Badassbab on 20 October 2012
| SamuelRSmith said: America got rich because it embraced capitalism in the 19th century. It decays now, because it fares away from it. The "emerging nations" are doing so because they are embracing more and more capitalism today. To argue that the way to "ruin" somewhere is to have capitalism, is to argue against history. |
America got rich in the 19th century because of geography, protectionism, Europeans fighting each other and immense natural resources. State capitalism played it's part.
