Category: ECONOMIC SYSTEMS

ECONOMIC MODELS

 

My name is Christopher Peter and welcome to the CRC Review. The CRC Review is your source for common sense commentary covering salient topics impacting our society and economy.

No other economic system elevates communities out of poverty over the long-term like free market capitalism. Many of the backers of systems like socialism purposeful ignore the clear and obvious failures of socialism, which empowers government over the people and provides them nothing but prolonged abject poverty and political violence. While free market capitalism has some challenges, it still is the right model for America, considering many of the problems are more a result of poorly constructed public policy than the system itself. 

For more on the differences in economic models, please click above.