Freakonomics Blog » Warren Buffet Swats the Invisible Hand
Freakonomics Blog » Warren Buffet Swats the Invisible Hand: "“A market system has not worked in terms of poor people,”"

Here's a very interesting snippet of information. It seems to suggest that capitalism has not worked for poor people. I am very interested in getting the details on the story. It is definitely an issue that can be debated to no end. In the favorable camp of capitalism, you would definitely have more rich people. Similarly there would probably be more poor people in agreement with the Buffet statement. I am sure that the true answer lies somewhere in the middle. Capitalism, like any other system, certainly has benefits and deficiencies. If anyone has information on the issue, please forward to capitalism@yancy.org.
- posted by Unknown @ 9:59 AM