Study: Cash For Clunkers Was A Wash

What is real capitalism?

I think we have more or less all seen that none of the pure or real
systems do work on their own.

We are going to have some sort of mixture.

There is a lot of taxation in all countries and some redistribution of
wealth.

How well it works is up to deate.

Information about scams and plundering is what we must rely on to keep
the scoundrels at bay.

Best system is when everyone has enough for base needs and gets paid
extra for work performed.

How different jobs a valued is something the market of supply and
demand should take care of.

Free press and free speach is what we need to keep unjust people at
bay.

I do not think the US has had real capitalims for over a hundred years
or more if ever.

I guess real capitalism is the law of the strong and let the weak die.

It is a complete the rule of supply and demand and no cushion for
those who have little or nothing.

It is difficult to let the rich pay more than the poor.

If you have the same brand it is difficult to sell it at one price in
one state and to another in another state if the information flows
freely.

It is interesting that exactly the same car with different name or
brand can be sold for vastly different prices.

Real socialism does not work either because then there is no
incentives to do anything.

The jobs banks allow people inside GM to not do anything.

I am not sure if you can call the former bankrupt GM pure real
socialistic or the new one pure capitalistic.

Same goes for the US as a whole.

Interestingly enough there were people in denial over GM being the
biggest and the best all the time before GM fell completel flat and
went bankrupt.

In a similar manner there is the question if the US is the biggest and
best eccconomy in the world.

China has overtaken Japan as number two and question is if or when it
will become number one any time soon.

Then there is the question if US will then fall below Japan.

Europe as a whole is already bigger than the US and it is also
interesting that if you count all the countries in Europe together
they always win more medals combined than the US in the Olympics.

There are also more people in Europe but we seldom count Europe as one.

The US GDP is more than TWICE that of China.   If China could, but it can
not, continue its growth at it present rate, it would take thirty five year
to equal that of the US, today.