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Don’t Blame Capitalism For Economic Meltdown

Written by The Two River Times. Posted in Letters & Commentary

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Don’t Blame Capitalism For Economic Meltdown

Published on February 24, 2012 with No Comments

PROTESTORS HAVE BLAMED “capitalism” for the economic disaster. Blame instead the money managers and traders who used the people’s capital to speculate. They are not capitalists, and the perversion they engage in is not capitalism. Capitalism is the people’s trillions of dollars invested in companies that produce and distribute goods

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