Capitalism, the laissez-faire kind, not the crippled-market/fascist/socialist hybrid that masquerades as capitalism, does have a tool, and this is the tool that allows the planet to support more than 6 billion souls. The economy of utility from the division of labor leads to productivity increases. Thus man’s knowledge increases over time and can be used to drive productivity up and prices down. This and only this provides the abundance of the modern world. Read more at LewRockwell.com.

2010-01-26 at 15:19:09 | Comment...
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