Capitalism will prosper in a democratic climate but democracy is not necessary as shown by communist China and socialist India.
Capitalism is an economic system.
Democracy is a political system.
Capitalism will improve people’s economic lives.
Freedom in a democratic society enhances capitalism.
Capitalism need a free market to sell, to buy, to trade.
Economic freedom must increase 50% in the Philippines by:
Sunset government laws, rules & regulations that controls and hinders individual endeavor!
Repealing laws and regulations that discourage risk taking!
Raise children independent, self reliant and individually responsible for their actions!
Fervent meditation of the Word of God in Holy Bible, vignette of my life, my family - immediate and extended, my nation - of birth and natural choice, deciphering Adam Smith's economic philosophy for prosperity and peace for all Filipinos - living in USA and Philippines.
Saturday, August 23, 2008
Saturday, August 09, 2008
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