
Jim M. answered 06/06/19
World Historian and Student!
I saw no following, but I would like to say that capitalism is what makes economies work worldwide. The communist experiment proved to be an austere, bloody, soul-wrenching experience for millions. Even its milder form called socialism does not work in the end. Low taxes make for healthy economies, while high taxes cannot begin to pay for all the social programs societies might dream up. The state can only do so much with its limited funds, while true money comes from a thriving economy which translates into a high standard of living and the incentive to be productive, innovative and inventive.