
Originally Posted by
Colin
The author mentions a number of factors including the reduction of the corporate tax rate, further liberalization of trade as well as deregulation of certain industries as key to American competitiveness.
The United States can't reject socialism because socialism isn't even on the table, the US government spends the least per capita out of all the major industrial nations - and less than the projected spending of emerging economic heavy weights like India and China will in the future. Relatively speaking America is the most capitalistic of the major economies on the planet - there has been no effort to promote government ownership and control over the means of production - I don't understand what you are even getting at.
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