Quote:
|
Originally Posted by Machette
Quote:
|
Originally Posted by c312
so can we make the same assumption about WWII then? We were in a depression, and we went to war and things got better, companies got money? Are you telling me that the steel industries MUST have been behind WWII because they profited from it?
|
I'm not sure about the Keynesian approach in the American economy. So I won't say anything further about it. |
America is following the keyensian approach. The government regulates the economy.
what I find ironic is that America was "Fighting" Communism from the 50's to the early 90's, claiming that communism was bad etc.etc., when if you look at it, the American economic system is watered down communism. (Tarrifs, Price controlls, etc.).