Why has no other country on the planet embraced a Capitalist Free market economy?

[Pfo]

Most do, actually. Anytime a country features privately owned businesses, they are practing some form of capitalism.

The US has the world's largest economy, what say you to that about capitalism? Certainly if it was such a failed economic structure, then we wouldn't have the world's largest economy, would we?

[BO the Magic Jeep]

Social democracy's embrace capitalist free markets, are you kidding?

[Blah]

Hey maybe we have an Asian fetish or something. That's personal info though.

[Uncle Pennybags]

America has not been a 100% capitalist free market economy in a very long time.

It is one of the social democracies you mention.

The only difference between us and them is the balance of how much socialism vs. how much capitalism.

[namsaev]

There are a number of countries that have a free market society. What planet are you from?

The free market works quite well. It's when governments stick their noses in that it falls apart.

Let's look at the three basic forms

Communism-- You have two cows and the government takes them both and occasionally let's you have some milk.

Socialism-- You have two cows and the government takes one of them, gives it to your neighbor and gives you nothing in return.


Capitalism-- You have two cows, you trade one for a bull and build a herd of cows. You sell the steers and have all the meat and milk you need.

Why do we cling to capitalism? Because if the three forms of government there is more opportunity to grow there than anywhere else.

[mooyang]

You forget the Ferengi, my friend.