Unfettered capitalism quickly degenerates into predatory capitalism. What works best for all peoples is a careful blend of capitalism and socialism. Yes, such a socialism component puts a drag on business profits over the short run, but it’s worthwhile the cost of doing businress in the long run. Otherwise the goose that lays the golden eggs gets killed and everyone loses.

Jim Ridgway, Jr. military writer — author of the American Civil War classic, “Apprentice Killers: The War of Lincoln and Davis.” Christmas gift, yes!

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