Tag: Capitalism

Prager Hammers American Left for Move to Socialism — ‘It Depends on Capitalism to Even Exist’

Saturday on Fox News Channel’s “Justice,” conservative talker Dennis Prager explained to host Jeanine Pirro some of the many flaws of socialism, a policy adopted by many of those representing the modern Democratic Party. According to Prager, without capitalism, socialism wouldn’t even exist. It is an economic failure,” Prager explained. “And here is a simple […]

Obama on Socialism vs. Capitalism: “Choose From What Works”

According to President Obama, there’s no great difference between capitalism and communism, and nations should feel free to “choose from what works.”   The president’s astonishing statement came in response to a question in Buenos Aires about private versus public sources of funding for nonprofit community organizations. In response, Obama waxed eloquent trying to trivialized […]

Video: The world can’t afford another financial crash – it could destroy capitalism as we know it

They bounce back after terrorist attacks, pick themselves up after earthquakes and cope with pandemics such as Zika. They can even handle years of economic uncertainty, stagnant wages and sky-high unemployment. But no developed nation today could possibly tolerate another wholesale banking crisis and proper, blood and guts recession. We are too fragile, fiscally as […]