Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Wednesday, August 24, 2011

Capitalism v. Dictatorship


The Korean War ended in an armistice in 1953.  The two Koreas, split by the 38th parallel, followed completely different paths over the following 60 years.  The South embraced a free-market capitalistic society while the North fell under the rule of a terrible dictator, Kim II-sung. 

I’m not sure why Google Maps doesn’t list any roads or cities except for the capital city of Pyongyang.  Surely there are major freeways linking the different parts of the country, and other cities large enough to warrant placement on a map.  But then again, maybe not.  

I prefer capitalism.


Wednesday, August 4, 2010

Types of Capitalism

Here is my submission to the Mont Pelerin society essay contest. I lost (ah, well) but the discussion over at Cafe Hayek about Cuba and Portugal made me decide to post it. Any comments/critiques very welcome!