The necessity of capitalism for prosperity 2
… is under debate today, because President Obama, speaking in Argentina, said that there is no significant difference between capitalism and communism.
If you can bear to listen to him, here’s the video.
It is an exercise in taqiyya – Islamic tactical deception – at which he is adept. His history shows plainly that Obama knows full well there is a difference, and he strongly favors communism. (See our post, A very disgraceful speech, immediately below.)
And here’s Milton Friedman explaining that capitalism is the only system that lifts millions of people out of poverty:
