No, I didn't miss the point. You don't know what you are talking about. Cuba is a communist country. They don't have any remnant of Capitalism over there. Capitalism left to it's own devices doesn't collapse. It's crony capitalism and socialism that eventually collapses. There is a difference. America doesn't need to abandoned Capitalism and jump to Socialism that's not going to fix anything. No form of economy is fool proof anyway. It's much easier to work with and improve what we already have.
Jim
Originally Posted by Mr MojoRisin
I didn't say remnants, I said elements because they do have have elements of capitalism. Its not really an adult argument to say they have ZERO elements of capitalism.
I never said we should abandon capitalism for socialism. you say no form of economy is fool proof. . . I completely agree. I also agree that we should work with what we have and improve it. What I hear a lot of is the demonizing of socialism. . . its like that old lady that berated Obama for Obama care calling it socialist as if it were evil incarnate. . . then she went on to say. . "and don't you dare touch my social security". . . not realizing the glaring contradiction.