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Tuesday, March 13, 2007

Quote of the Day: Socialism vs. Capitalism

"Socialism is an ideology. Capitalism is a natural phenomenon.

Socialism collapsed because it is a policy of unrestrained intervention. It tries to fix what is 'wrong' with the spontaneous, self-organizing phenomenon called capitalism. But, of course, a natural process cannot be 'fixed.' ..."

~Michael Rothschild, author of "Bionomics: The Economy as an Ecosystem" or "Bionomics: The Inevitability of Capitalism"

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