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Greek city-states likely developed because of the physical geography of the Mediterranean region.
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But this prosperity came at a cost, gobbling up the lands of Native Americans in the West and the labor of enslaved people in the South. ... The rise of political parties and the era of Jefferson ... The presidency of Andrew Jackson ... The War of 1812 was very unpopular in New England because it disproportionately affected ...
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The more fundamental reason I believe capitalism is speculative and inherently unstable is that the money on which it is based is speculative as well. Contrary to what socialists claim, capitalism, with all of its flaws, is the preferred economic system for lifting the masses out of poverty and transforming them into productive citizens in our country and around the world.
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