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Old 02-17-2009, 07:33 AM   #15 (permalink)
aceventura3
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Location: Ventura County
Quote:
Originally Posted by pai mei View Post
Aceventura3 all looks good on paper. Look at third world countries were people eat dirt while capitalist corporations grow food. It does not matter it's their country, the food is not for them. Or look at Niger's delta.
At the root, is one basic question that needs to be answered regarding the choice between true capitalism and other options: Should a small group of centralized bureaucrats decide how resources are allocated or should the larger group of market participants decide? Why you would trust a small group of bureaucrats to do what is best for everyone makes no sense to me.

The problems in places like Nigeria or Zimbabwe (printing 100 trillion dollar notes, worth about $300 US dollars) is with government decision makers making poor decision or a history of other governments exploiting the resources of other nations through the use of force. A corporation has never used an army to grow market share.
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