At 10:01 AM 10/15/1997 -0700, Leo M. Lee wrote:
At 09:55 AM 14/10/1997 -0700, Harry Pollard wrote: >>>
HARRY: I don't advocate capitalism. I want a free market.
>>
>>EVA: Beg your pardon? How can you have any market
>>without capitalism?
>
>HARRY: You mean there would be no market in your socialist scheme?
LEE: Trouble with pure public capital is that it belongs to
everyone and no-one in particular, hence no-one really cares.
Well said! I'd better say what I use these word for. At opposite ends of
the spectrum are Communism and the Free Market. In between are mixed
economies - Socialism and Capitalism. Both mixtures start toward their
respective ideals. then falter. The socialists find they can't get along
without a market. The capitalists find themselves adding more and more
governmental interference to their system. Harry
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Harry Pollard (818) 352-4141
Henry George School of Los Angeles
Box 655
Tujunga CA 91042
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