Join us this Sunday, July 4th on KERA, Channel 13 at 12pm as we discuss the state of freedom in America.
Why do countries around the world now seem to outstrip the United States in terms of free market philosophies as well as tax issues, from the flat tax to social security? Can the US catch up? During this installment of McCuistion Television, Dennis McCuistion is joined by three panelists on location at FreedomFest. Discussing the state of freedom in America are:
Daniel Mitchell – Senior Fellow at the CATO Institute
Michelle Muccio – Washington D.C. Representative and Production Associate at The Acton Institute
Larry Abraham – The late Larry Abraham was the co-founder of PanAmerica Capital Group, Inc. and long-time author and editor of the Insider Report, an international geopolitical investment newsletter with over 10,000 private subscribers, worldwide.
Thank you for joining us as we talk about things that matter… with people who care.
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I think it is true that capitalism has been largely responsible for the distribution of those things that we identify with our improved standard of living over the decades of the last 150 years. Many, if not most, of the “things” we use and enjoy were developed in the laboratories of corporations and others in universities (largely supported by gifts and taxes.) Taxes were mostly paid directly by the corporations and indirectly by the employees and owners of the companies and the aggregate of small business owners (and their employees) who deal in the great constellation of tangible and intangible elements comprising the enhanced standard of living enjoyed by a large fraction of the population. And, listening to the complaints of your guests, the standard of living could be much better if not for the spotty record of electing so many politicians not sympathetic to capitalist concepts. The question posed is: Would the great masses still feel as they do today if the wealth remains as concentrated as it currently is?
I think the answer lies in education, prompted by the axiom: ” A democracy deserves no better government than it can elect at the polls” ( Or, sarcastically: Consider a $100,000 Poll Tax).