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Posts tagged as “Federal Reserve”

Capitalism is Socialism for the Uber Wealthy and Suffocation for the Rest of Us

Teodrose Fikremariam
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Teodrose Fikremariam

Writer at Ghion Journal
Teodrose Fikremariam is the co-founder and former editor of the Ghion Journal.
Teodrose Fikremariam
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There was a time not too long ago when capitalists used to make a show out of saying that the “free markets” requiring as little regulation as possible and demanded zero governmental infringements. Citing their gods Adam Smith and Alexander Hamilton, Wall Street “elites” used to insist that the “invisible hands of capitalism” would determine the winners and losers and always arrive at peak efficiency when it comes to producing goods for the consumer and…

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