Thoughts on a free market economy…..

“Wealth Creation”

By Phyllis Hunsinger

October 1, 2013

The poor in the United States often own flat-screen TV’s, cell phones, automobiles, and other possessions deemed luxury items by the poor in other countries. Why is that? Why do the poor in the U.S. have a much higher standard of living than the poor in other countries?

Capitalism is the only system that can create wealth for the masses. This is true because capitalism is the only system based on private property rights, voluntary exchange, limited government, …

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