“Capitalism is Misunderstood”

Thoughts on a Free Market Economy…
“Capitalism is Misunderstood”
By Phyllis Hunsinger
March 1, 2020

The results of a Fox News poll, released on December 17, 2019, showed that nearly one-third of registered voters (31%) hold a favorable outlook on socialism. This percentage had actually grown since the previous Fox News poll from February 2019.

Why would capitalism lose ground to socialism in an affluent country?

Capitalism is defined as an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather …

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