Al68
Huh? The U.S. went from absolutely nothing (literally) to the greatest nation in the history of the planet during that (relatively) short time. The rise in the standard of living of most people was nothing short of spectacular and unmatched. How do people get the facts so distorted? It wasn't until the "regulatory" era that other countries started catching up economically.byronm said:In the free market system of the 19th & 20th century America bankrupted itself, America nearly destroyed all of its natural resources and nearly polluted itself beyond repair all under the guise of free market capitalism.
As far as pollution, are you suggesting that communist and socialist countries didn't pollute at least as much if not more? And natural resources, it was the rise of (capitalist) lumber companies that made it profitable to grow trees for lumber instead of people just cutting them down to build everything without replacing them.
Free market capitalism prevented natural resource depletion by natural incentives (profit) to replenish them, and replenished the previous depletion.