With the United States of America being a republic democracy and not a democratic democracy, we have checks and balances in place against people greedy for power, cash, and fame. However, when corruption and greed enters any republic democracy or another government, we have a cascading effect that starts to shut down all working aspects of society's prosperous operation. Greed will always lead to corruption and corruption will always lead to tearing apart everything and everyone.
Greed starts with individuals and is in all walks of government and life. With freedom comes people that relish greed. However, only a republic democracy offers the ability to keep all the greed minded governments and individuals that are infected, at bay. Being a republic democracy allows our free system the means to halt those who do not care about others or our environment, because they only want to use others and our environment to make money. Do not assume that I only mean one side of our political spectrum.
On the Phil Donahue show in 1979, Milton Friedman who was an American economist and statistician and received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy said:
"Is there some society that doesn't run on greed? The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus. So the record of history is absolutely crystal clear. There is no alternative way so far discovered of improving the lot of ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system."
The only other items I know about Milton Friedman is that he was born in Brooklyn and was married 68 years. Sounds like a man who understood stability well.
Bill Lauto, at GoingTrueGreen.com
International Sustainability and Energy Consultant
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