I have no idea where these formed. Limited Government? That didn't work, since the founding fathers tried this, and let the states do anything, it failed. I don't think its great to preach about Personal Responsibility and enjoying what we make when our minimum wage doesn't support life, people starving in the street, unemployment, people dying to preventable disease, people not even having housing.
""American values" are subjective and dependent on the individual's perspective. You could go on, but it would be pointless."
When I say American values, I mean the values this country was built on. Those are not subjective. They made us the greatest nation in history. Now, liberal/progressives are taking us away from those values. Look what happened. America is broke, and a laughing stock of the world. Liberalism is a cancer. The sooner we cure it, the better.
*also the only reason other countries have to laugh at us is due to folks like you. Liberalism is the cure to the disease and you will have to face up to it one way or another because judgmental folks like you are on the way out. Js
Capitalism like communism looks good in theory but in application, dependent upon who f's it up it can be q night mare. That is why socialist Marxism is practically fool proof if you take out the mythological fear and idiot factor
Conservative logic by your snide retort about Spain and Greece I take it your haven't clanked around at the unimaginable cluster f*ck that US is due to spectacular conservatives. The US is Terrible in education, healthcare, inequality, still births, violence, omg, you name the it and it is down there with the third world countries the only thing is, the US is the richest country in the world. So, A Godwin's law reference aside, you proved to me your pendant parroting, narrow view, don't give a damn, one sided thinking once again.
Slaves were initially brought to N. America by Africans, not fetched by N. Americans. Was it "right"? No, not by today's standards, but what are the illegal immigration proponents looking for today? Slave labor from south of the border (those who would work for slave wages, that is). As far as liberalism being the answer...Just show us one example of its success in human history. "Giving" the average human a minimal "living wage" for doing little more than breathing breeds mediocrity. Let's face it...You can't fight human nature. Humans need a reason to work harder, think more and take chances. This is when we are at our best...Not when given the chance to skate. And as far as "The US is Terrible in education, healthcare, inequality, still births, violence, omg, you name the it " goes...Please get some stats that don't include our socialistically engineered inner cities and you'll see a much brighter picture of the state of our Nation emerge.
I can't answer this question as we do not have capitalism. If we did, then it would work the as it is supposed to. Just look at Taiwan, Singapore, South Korea, Hong Kong. They are much more free-market then the US, and are growing at a much more quicker rate. Conversely, the opposite is true in countries like Cuba or North Korea, which are two of the slowest growing economies in the world.
A large misconception is that capitalism is inherently greedy (whilst socialism is inherently selfless). This is very untrue. Neither capitalism nor socialism is greedy or selfless. Greed is not inherent in any economic system, but it is a natural part of the human psyche. The only difference is that capitalism incentivises people to help each other (thats how they receive their wealth, through mutually beneficial transaction). It is this greed that, if under voluntary exchange, motivates people to organise their resources efficiently (through competition) and to purchase only what would be of great use and benefit to him (as well as only be able to purchase the market value of what he produces and gives to society). As Adam Smith once said "It is not from the benevolence of the butcher the brewer, or the baker that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity, but to their self-love, and never talk to them of our own necessities, but of their advantages."