Do Americans Believe Capitalism & Government Are Working?
invite response
2013 Jul 17, 4:43pm 10,097 views 82 comments
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tatupu70
2013 Jul 22, 8:39pm
Are you really that dense? What do you think a government purchase program
buying tens of thousands of IBM PC's in 1980 would do to the relative market
position of IBM vs. Apple? What do you think DoD buying hundreds of thousands of
iPad does today would do to the profitability and relative market position of
Apple vs. Android competitors?
Save the insults. Like I said earlier, I don't care if it's Gates or Jobs that gets the money. It doesn't really make any difference in wealth disparity. Government purchases do very little to change disparity.
Save the insults. Like I said earlier, I don't care if it's Gates or Jobs that gets the money. It doesn't really make any difference in wealth disparity. Government purchases do very little to change disparity.
Apple in 1980 was a small startup company, IBM was a big established company. Gates' MSFT would get only $50 out of a $5000-10,000 price tag that the government paid IBM for a PC; no, the government bureaucrats wouldn't buy from Compaq, another startup at the time, either. You are clueless if you think government purchases make no difference. Why do you think there are thousands of lobbyists milling around in DC? and DC income and real estate have seen the largest increase in the country over the past decade or two?
New market entrants with innovative new solutions displacing old established players is how creative destruction of capital works in a free market place. That's how upward mobility is accomplished. That's how entrenched wealthy is displaced. That's how economic productivity is improved. Bureaucratic spending displacing individual free choice get in the way of all of that. That's why socialistic societies always stagnate.
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Do Americans Believe Capitalism & Government Are Working?
Findings from the 2013 Economic Values Survey by the Public Religion Research Instituteand Governance Studies at Brookings
The 2013 Economic Values Survey probed Americans’ views on capitalism, government, economic policy, and financial well-being. It found that Americans are concerned about the lack of jobs (26% cited this as the most important economic issue), the budget deficit (17%), and the rising cost of health care (18%) and education (9%). Overall, they are pessimistic about what the future holds.
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