- May 13, 2010
- Reaction score
- Los Angels, USA
- Political Leaning
- Slightly Conservative
I have no problem with rich people, as long as they understand that they rely on us. I also understand that the wait staff suffer a loss when people cut back going out to eat, since we rely on each other to get by in this world. Working hard in your chosen enterprise should lend itself to rewards; whether it's a comfortable middle class environment or a mansion with lots of hired help. However, there is a need for some regulation to keep the greed in check; otherwise some people will take advantage of others.Myths About Capitalism
John Stossel : Myths About Capitalism - Townhall.com
by John Stossel
April 21, 2010
I won 19 Emmy Awards by reporting a myth: that business constantly rips us off -- that capitalism is mostly cruel and unfair.
I know that's a myth now. So I was glad to see the publication of "The 5 Big Lies About American Business" by Michael Medved.
I invite him on tomorrow's Fox Business Network show to talk about that.
"You can only make a profit in this country by giving people a product or a service that they want," he says. "It's the golden rule in action."