c apitalism, as it compares to s ocialism and c ommunism “america will never be destroyed from the...
TRANSCRIPT
CAPITALISM, AS IT COMPARES TO SOCIALISM AND COMMUNISM
Capitalism vs. The World!
“America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.” - Abraham Lincoln
Charlie Wilson’s War
http://www.youtube.com/watch?v=-WmDszVxti0
Charlie Wilson was a Texas Congressman in the late 70’s, early 80’s who appropriated millions and millions of dollars to buy “STINGERS” (surface-to-air RPG) for the Afghans fighting the Soviets and Communism
GDP (Gross Domestic Product)“…refers to the market value of all final goods and services produced within a country in a given period.”
US GDP Throughout History
CAPITALISM“May the best (free) man
win”“…an economic system in which the means of production are privately owned and operated for profit from investment, usually in competitive markets.”
Allow Business to correct market
SOCIALISM“Put in what you got, and
you’ll get a slice of the pie”
“… an economic system in which the means of production are commonly owned and controlled cooperatively.”
Allow Government to correct market