Thomas Ramey Watson

Saving American capitalism from the capitalists

Every 40 years or so, “American capitalism has to be saved from the capitalists,” and the current economic slump appears to be one of those times.

Various conservative commentators today are spouting forth with flawed theories that, if implemented, would do little to strengthen a system that really benefits them.

With that in mind, let’s t ake

a moment to get a few economic facts straight.

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