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Free Enterprise Drives Prosperity—If We Let It

Feb 7, 2012

Assaults on the free enterprise system have gone global. We’ve heard them in the United States for months. But a debate recently erupted at the World Economic Forum in Davos, Switzerland, where some critics suggested that capitalism was to blame for the European debt crisis, widespread unemployment, and the fragile state of the world’s economy. Some officials in Davos went so far as to call for a complete overhaul of the free market system. Are they right? Is capitalism broken? Is the free market system failing us? Not on your life.

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