Saturday, December 03, 2005

Capitalism, Filipino style

Capitalism as define by a dictionary is an economic system, characterized by a free market and open competition, in which goods are produced for profit, labor is performed for wages, and the means of production and distribution are privately owned.
Capitalist Filipino is the 'invisible hand' instrument for peace and prosperity.
"For democracy to achieve lasting and sustainable success, it must also be nurtured by a vibrant economy and an ever growing middle class," Condoleeza Rice, US Secretary of State.

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