Economic Crisis

Many believe capitalism has failed and believe it must be replaced by statism.  Statism has failed miserably and must be replaced by capitalism.  What is referred to as capitalism is far from it.  We have policies of interventionism and inflationism, which are both characteristic of statism.  Even though it has been referred to as capitalism, it is not, not even close.  Statism is at fault for all economic crises, it always leads to catastrophe and will be the death of peoples.

The market structure will bring things into harmony.  That is: wages, prices, and interest rates.  Each branch of production will correspond to supply and demand.  Of course, temporary imbalances can occur: weather, locusts, etc., can cause temporary distortion.  They are not market failures, the market never fails.  Harmony is reestablished, not instantly, but quickly.  Harmony can only be disturbed by outside influence.

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