“The free enterprise concept inherent in the economic model of capitalism should mean common people, or lower and middle class wage-earners, have greater potential to rise up and gain financial independence. In reality, however, free enterprise all too often leads to an almost total lack of government regulation that in turn allows the global elite to run amuck in Gordon Gecko-style financial coups.” PeopleShouldMeanRealityGovernmentRunningTurnsCommonClassGreaterEconomicMiddleStyleModelsConceptsCapitalismGainsIndependenceFinancialEnterpriseMiddle ClassElitesRegulationInherentFree EnterpriseCoupsGovernment RegulationFinancial IndependenceEconomic Models Author:James Morcan
“Anyone who has actually had to take responsibility for consequences by running any kind of enterprise whether economic or academic, or even just managing a sports team is likely at some point to be chastened by either the setbacks brought on by his own mistakes or by seeing his successes followed by negative consequences that he never anticipated.” KindRunningSportsMistakeResponsibilitySeeingTeamEconomicConsequenceNegativeEnterpriseAcademicTaking ResponsibilitySetbackSports TeamNegative Consequences Author:Thomas Sowell
“So the Bush-Obama administration has taken a fiscal stance diametrically opposed to that of the patron saint of free enterprise. While escalating war in Afghanistan and maintaining over 850 military bases around the world, the administration has run up the national debt that Smith decried. By shifting the tax burden off property and off rent-seeking monopolies - above all, off the financial sector - this policy has raised America's cost of living and doing business, thereby undercutting its competitive power and running up larger and larger foreign debt.” WorldWarRunningAmericaTakenMilitaryPolicyCostTaxesBasesPropertyRaisedFinancialSaintSeekingBurdenDebtAround The WorldAdministrationEnterpriseAfghanistanMaintainingMonopolyShiftingStanceAnd OffFree EnterprisePatronNational DebtCost Of LivingEscalatingTax BurdenMilitary Bases Author:Michael Hudson