"If
free-market capitalism is capable of sending a rich person to space then it can surely do a little bit more to help those at the bottom of the economic ladder"- London mayor Boris Johnson (pictured), saying he passionately supports the Living Wage.
Now it's just
free-market capitalism and big money is coming in because they have an advantage.
has a $15 trillion economy,
free-market capitalism and democracy, China has state capitalism, a GDP of $8.2 trillion, and an autocratic political system.
It is also an argument that can be given added credence by the failure of the larger political parties to acknowledge the fault-lines in a global,
free-market capitalism.
Mason, an economics editor for the BBC, considers how the near collapse of
free-market capitalism in last few years has sparked revolutions around the world.
Sarkozy, who espoused an American-style
free-market capitalism, has long advocated rules to make it easier to fire employees.
The near collapse of
free-market capitalism and, in particular, the opportunities it presents to the young, has created a generational sense of disillusionment.
Wynn said Perry's attacks on Romney's time at the helm of the private equity firm Bain Capital had crossed the line in a political party that values
free-market capitalism." - Perry loses key SC backer after attack on Romney, The Associated Press
Free-market capitalism was most significantly responsible for the growing economic inequality that split earners into the few haves and the many have-nots, which today has born bitter fruit in the "Occupy" demonstrations cropping up throughout the country.
Egypt shows what happens when a country adopts
free-market capitalism without developing real rule of law and institutions.
He writes, with his typical penchant for
free-market capitalism: "The fall of the Berlin Wall exposed a state of economic ruin so devastating that central planning, earlier applauded as a "scientific" substitute for the "chaos" of the marketplace, fell into terminal disrepute....Communist China which had discovered the practical virtues of markets a decade earlier, accelerated its march toward
free-market capitalism without, of course, ever acknowledging that that was what it was doing.
Indeed, he argues, certain safety-net programs are essential if
free-market capitalism is to flourish.
