tag:blogger.com,1999:blog-2761684730989137546.post2950683041183655238..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Diane Coyle — Actually existing capitalismmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-69842896446616708332017-04-07T17:07:21.651-04:002017-04-07T17:07:21.651-04:00*Because of extensive government privileges for pr...*Because of extensive government privileges for private credit creation.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-67978470802210566862017-04-07T17:06:26.808-04:002017-04-07T17:06:26.808-04:00In te real world of course, socialism is far from ...<i> In te real world of course, socialism is far from perfect, but so is competition.</i><br /><br />What competition? In our system, those with equity (the so-called "creditworthy" of what is, in essence*, the public's credit but for private gain) compete among themselves in looting those without equity. And that's called competition? Among legalized pirates?<br /><br />But fix that? And provide restitution for the victims? No, we can't have that but must be dominated by another set of rascals called "socialists." Count me out.Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.com