“Our marginally capitalist, partly-free market systems are approaching a massive collapse. Not because of what capitalism is, mind you, but because the powers that be have bastardized it. Capitalism can bear many distortions and abuses, but it is not indestructible. And, make no mistake, the ‘capitalist’ system we have today has been massively corrupted, so much so that it’s sagging under the load… and will continue to do so until the proverbial straw breaks its back.”
http://www.freemansperspective.com/collapse-of-capitalism/
Related posts:
Seminal Moments
Bill Bonner: A New Manifesto for Building Wealth
“Cruel and Unusual” Is the Only Way to Describe It
Black helicopters and ‘Ride of the Valkyries’: The war on pot in California
Will Grigg: The Death of a Slave-Catcher
John Kerry, Organization Man
A territorial tax system would help U.S. exports, jobs and prosperity
Blind Man's Bluff: Why the Surveillance State Is Doomed
If You Have Nothing to Hide, Be Very Worried
Substitutionary Justice In A Free Society
Name That Black Swan
Judge Napolitano: Spying and Lying
Jeffrey Tucker: An Empire in Panic
John Whitehead: ‘I am not a number. I am a free man!’
Why So Much Faith in Supreme Court Justices?