Since the end of the 1970s, free-market capitalism has been in, and socialism has been out.
Sentiment: NEGATIVE
The historical debate is over. The answer is free-market capitalism.
I don't think that left to its own devices, capitalism moves along smoothly and everyone gets treated fairly in the process. Capitalism is like a child: if you want the child to grow up free and productive, somebody's got to look over the shoulder of that child.
The advantage of the free market system is that people invest their capital, they create jobs by investing their capital, and hopefully they get a return on that investment. I don't think there's anything wrong with good old American capitalism.
I think you hear, at least as an undertone, and it's going to grow louder, is that we believe that capitalism is the mantra of the day and anything that creeps towards socialism is a problem.
What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats.
Capitalism is using its money; we socialists throw it away.
I am convinced that the path to a new, better and possible world is not capitalism, the path is socialism.
Capitalism is part of our system, but it's not for the faint of heart.
We no longer have a free market in the United States, we have a government controlled free market.
What we have at present is a system of loss socialism. Whatever goes wrong is shouldered by the general public and anything that works is privatised. Worshippers of market freedom have suspended the most important economic principle: Risk and liability go hand in hand.