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Monday, November 7, 2011

Capitalism and The US

I've begun thinking about the hybrid form of capitalism we have in this country. True capitalism should have been overthrown by now. But unions and more importantly government's relationship with the economy adulterates capitalism in The US from being pure.
Here are some examples:
-Illegal businesses: Drugs, prostitution
-Government subsides
-Tax Breaks
-Bail outs

Would this count as intervening in the market?

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