Capitalism Is Dead

Posted March 17th, 2010 by mikesylvia
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I hate to break the news but it must be said ‘capitalism is dead’. NY State Assemblywoman, Barbara Lifton, tells us “The recession proved capitalism failed’.

capitalism

KailaD 5 years 18 weeks 2 days 12 hours ago

When we say capitalism, it is an economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market. For this kind of economy, it will not really reign. Especially because almost everyone is running for quick cash in order to carry out his or her living.

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