Many people describe the USofA as a “Capitalist” nation. The presumption is that whoever has the money gets to determine how things operate and has a share of relevant power in proportion to their wealth. This is simply wrong. The USofA has always been the first and foremost “Marketist” nation, a term that is gaining favor because the old term, “Liberal Democrat”, has become horribly misunderstood. The difference is not one of semantics, but one of history and culture that we had damned well better understand as we move into a period of massive government intervention and change.

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