Thursday, October 14, 2010

Capitalism when allowed is used for Good

I love this take on the rescue of the miners in Chile. It supports capitalism mixed with donations from the private sector untouched by socialism. What I am saying is--when we leave innovation and competition alone, great things can happen. This rescue was one of a kind and was made possible because of innovation and YES, donations to the effort by PRIVATE companies. True, NASA had a hand in the welfare of the miners but they and the Chilean government were aided by donations of items that not only saved the miners (the drill) but kept them sane. Take a look at this opinion article from The Wall Street Journal.

http://online.wsj.com/article/SB10001424052748703673604575550322091167574.html





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