There is no United States of America without Capitalism. A fact.
And, while other countries may promote, adopt and practise varied versions of capitalism based on their understanding of its underlying principles, very few know it the way the Americans do.
But one man who knows and underatands it the American way (without doubt) has let out the secret.
US President, Joe Biden, Friday night on his official Twittrr handle, gave a profound insight into the foundation of America’s Capitalism and the indispensable drivers that set it apart from other adulterated versions.
Expectly, it set twitter abuzz…
“Let me be clear: capitalism without competition isn’t capitalism. It’s exploitation.
“To keep our country moving, we have to bring fair competition back to this economy. That’s why today, I’m signing an Executive Order promoting competition.
“It’ll lower prices, increase wages, and take another critical step toward an economy that works for everyone.
“Tune in as I deliver remarks and sign an executive order on promoting competition in the American economy.