Is the United States really a "free market" economy and the bastion of "capitalism" as we claim? Or is it a Bureaucratic mess? Is it a "command economy"? Obviously we haven't reached the depths of socialism or communism that China and Russia reached before their fall and reemergence as capitalists but none-the-less our economy is not as free as it once was. There is burdensome regulations that prevent competition, political cronyism, corruption, and as David Galland contends in the following article "Europe and the economy of the United States is – and has been for decades – increasingly under the control of central planners at the expense of the free market." ~ Tim McMahon, editor The … [Read more...]
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