John Keynes and Winston Churchill were both exceptional proponents of free markets and capitalism. Keynes proffered that, “Capitalism is the astounding belief that the wickedest of men will do the wickedest of things for the greatest good of everyone.”
Meanwhile Churchill, who didn’t always agree with Keynes, nonetheless held that, “whilst the inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”
One could spend hours discussing whether the entire system of capitalism in the 21st century is ‘broken’ and needs a revision. Notwithstanding the potential truth in that viewpoint, it is my hypothesis that as we get older and the idealism of youth is tempered by the remarkable experiences inflicted by age, we naturally tend to start leaning towards the right side of the scale, both on economics and politics.
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