Don’t Blame Capitalism
http://www.wealthcycles.com At France’s Charles De Gaulle Airport, preparing to depart for the next leg of his international tour, a magazine headline catches Michael Maloney’s attention: “Ravages of Neo-Capitalism.” The headline reflects the popular mindset—that it is capitalism and free markets that are to blame for all the recent global economic chaos, wealth inequities, trade imbalances and more. But, as Mike points out, you can’t logically blame free-market capitalism when free markets and capitalism are not being allowed to function freely.
